MINISTER OF STATE FOR URBAN DEVELOPMENT & POVERTY ALLEVIATION ( SHRI BANDARU DATTATREYA )
(a)&(b): Details of amounts outstanding to Government from NBCC
are as under:
(i) Payment of interest on Govt. of Rs.13.43 crore India Loan
(ii) Govt. Guarantee Charges Rs. 1.00 crore
(iii) Payment of Cost of land of Rs. 0.64 crore Pragati Vihar.
(c)&(d): Yes, Sir. The details of these dues are as under:-
(i) Cost of land of Bhikaji Cama Nil Place, New Delhi
(ii) Cost of land of Pragati Rs. 0.64 crore Vihar, New Delhi
(iii) Restructuring Plan (1st Rs.13.43 crore insalment of interest on Govt. of India loans)
(iv) RBI Bonds amounting to Rs.19.15 crore plus interest thereon are held by NBCC as current liability towards the Government as per the approved Restructuring plan.
(e): Since NBCC is passing through a liquidity crunch, the
Government has taken the following steps for NBCC to improve its
financial health and enable it to clear the Government dues:-
(i) The Government is providing necessary assistance to
NBCC in realisation of its dues from Libya (Rs.78.09
crore) and Iraq (Rs.70.10 crore) through diplomatic
channels, Ministry of External Affairs, Ministry of
Commerce etc.
(ii) Government is also providing necessary assistance to
NBCC for realisation of its dues for various domestic
projects from various Govt. Departments and Central
Public Sector Undertakings.
(iii) Government has allotted land to NBCC for
development of Real Estate Projects as commercial
ventures which will provide the Company higher
returns.