MINISTER OF RURAL DEVELOPMENT (SHRI M. VENKAIAH NAIDU)
(a) & (b): The Ministry of Rural Development release funds to the States in
accordance with the approved guidelines for release of funds. Wherever second instalment during a year is released without any condition, the first instalment during the next year is released on adhoc basis at the beginning of the financial year without waiting for any proposal from the State Government. Where such second instalment is released with some specific condition(s), the first instalment next year is released on receipt of proposal from the State after fulfilling the conditions. Where second instalment during the previous year is not released, first instalment during the next year is released after formal proposal is received from the State Government after meeting all the requirements for release of second instalment of previous year. Second instalment is released to the States after they have utilised 60% of the available funds, subject to receipt of prescribed documents.
(c) & (d) : An amount of Rs. 6347.20 crore was released during April to December,
2001. The month -wise break-up of release of funds during the said period is given below:-
Sl.No. Month Funds Released (Rs. in Crore)
1 April 0.00
2 May 2457.56
3 June 612.00
4 July 314.89
5 August 352.95
6 September 301.51
7 October 322.87
8 November 770.62
9 December 1214.80
Total 6347.20