(a) whether certain projects and development work of Bihar and Jharkhand are undertaken with the assistance of the World Bank;
(b) if so, the details thereof alongwith the terms and conditions and interest rate of the loan;
(c) the details of the targets achieved by each of the projects so far, State-wise; and
(d) the time stipulated for the completion of each project, State-wise?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS (SHRI ANANDRAO V. ADSUL):
(a), (c) & (d) : Yes, Sir. The details are shown in the statement annexed.
(b) The IBRD loans have been provided to Government of India on single currency variable
spread basis. The interest is equal to LIBOR base rate plus LIBOR Total Spread.
These loans attract a front-end fee of 1% and have a commitment fee of 0.75%.
IDA credit is interest free, but there is a 0.75% service charge and a commitment
fee of 0.50%.
Annexure
STATEMENT REFERRED TO IN REPLY TO PARTS (a), (c) & (d) OF LOK SABHA UNSTARRED QUESTION NO.755 FOR 21.2.2003 REGARDING WORLD BANK ASSISTANCE TO BIHAR AND JHARKHAND.
(Amount In US$/Million)
S.No. Name of the Project Loan/ Credit No. Date of Agreement/Closing Sector Area of Implementation Donor Loan/Credit amount Cuml. Disb. As on 31.12.02 Balance as on 31.12.02
1. 3rd National Highway Proj. LN.4559-IN 11.8.2000/ 31.12.2005 Central UP/Bihar IBRD 516.00 82.840 433.160
2. Grand Trank Road Imp. Proj. LN.4622-IN 27.7.2001/ 31.12.2006 Central UP/Bihar IBRD 589.00 64.092 524.908
3. National Agri. Tech.Proj. LN.4296-IN/CR.3048-IN 22.6.1998/ 31.12.2003 Multi-State AP,Bihar,Jharkhand, HP,Maharshtra,Orissa & IDA/ pUNJAB IBRD 96.8/ 100.00 8.942 87.858
4. Rural Women Dev. & Empowerment Proj. LN.2942-IN14.9.1998/ 30.6.2004 Multi-State Bihar,Jharkhand, Gujarat, Haryana, Kar., MP, Chhattisgarh, UP, Uttaranchal IDA 19.5 15.008 4.492
5. Ecodevelopment Proj. CN.2916-IN 30.9.1996/ 30.6.2003 Central Jharkhand, Gujarat, Kar., Kerala, M.P., Rajasthan & WB. IDA 28.0 13.821 8.579 6. TB Control Proj. 2936-IN 14.3.1997/ 30.9.2004 Central Nation-wide IDA 142.40 39.14 103.26
7 Malaria Control Prog. 2964-IN 30.7.1997/ 31.3.2003 Central Nation-wide IDA 164.80 49.31 115.49
8. II HIV/Aids- 3242-IN 14.9.1999/ 31.7.2004 Central Nation-wide IDA 194.75 86.15 108.60
9. Immunization Stren. Proj. 3340-IN 19.5.2000/ 30.6.2004 Central Nation-wide IDA 142.60 81.94 60.66 10. II National Leprosy Elemination Proj. 3482-IN 19.7.2001/ 31.12.2004 Central Nation-wide IDA 30.00 14.97 15.03 11. RCH Proj. 018-IN 30.7.1997/ 31.3.2003 Central Nation-wide IDA 248.30 166.76 81.54 12. DPEP-III, Bihar 3012-IN 23.2.1998/ 30.9.2003 Central Bihar & Jharkhand IDA 152.00 38.85 113.15 13. Power Grid.II 30.5.2001/ 30.6.2006 Central Nation-wide IBRD 450.00 114.90 335.10