(a) whether State Government of Bihar have requested the Union Government to waive off all debts; and
(b) if so, the details thereof alongwith present status thereof ?
(a) whether State Government of Bihar have requested the Union Government to waive off all debts; and
(b) if so, the details thereof alongwith present status thereof ?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a) to (b): Yes Sir, requests were received from the Chief Minister
and Members of Parliament of Bihar for waiver of all debts. The
matter has been considered by Government of India and the State
Government was informed that any selective reopening of debt relief
would not be consistent with the recommendations of the Eleventh
Finance Commission. Besides, non-plan grant to the new State of
Bihar has gone up to Rs.45174.42 crores for the five year period
of 2000-05 covered by Eleventh Finance Commission as compared to
Rs.24655.56 crores to the erstwhile undivided State of Bihar for
the period of the Tenth Finance Commission.