THE MINISTER OF STATE IN THE MINISTRY OF URBAN DEVELOPMENT (SHRI SAUGATA ROY)
(a) to (c) : Yes, Madam. Representation regarding alleged irregularities and
corruption in the financed project for development of Shatabdi Nagar New Township, Meerut,
Uttar Pradesh was received and was examined in consultation with NCRPB. NCRPB, in turn,
obtained a fact finding report from the Meerut
Development Authority (MDA), which had taken financial assistance for the said project from
various financial institutions including NCRPB. The loan provided by NCRPB to MDA was through
the Government of Uttar Pradesh (GoUP). MDA has further informed that its accounts are audited
by the office of the Auditor General, Uttar Pradesh and the Local Fund Audit Department of
GoUP, and that no financial irregularity has come to their notice.
NCRPB provides loan for projects submitted to it by the concerned State Government and their
agencies, and the projects or schemes are prepared and implemented by the concerned State
Governments and their agencies. MDA has already submitted the formal completion report in
respect of projects mentioned in the said representation, and the entire loan together with
interest as due in respect of the project has already been repaid by GoUP and there are no
dues against the project.