Question : BOKARO STEEL PLANT

(a) whether the Management of Bokaro Steel Plant (BSP) had invited tenders from NGOs institutions and various types of committees through advertisement to provide land on lease for a period of 33 years;

(b) if so, the details thereof;

(c) whether the some academic institutions who were provided land on lease received financial assistance from the management of BSP;

(d) if so, whether these institutions defaulted in paying back interest or the instalments; and

(e) if so, the steps being taken by the management to discontinue the lease?

MINISTER OF STATE IN THE MINISTRY OF STEEL(SHRI BRAJA KISHORE TRIPATHY)

(a) No, Sir.

(b) Does not arise.

(c)&(d): Yes, Sir. Out of 16 academic institutions who were provided land on lease and received financial assistance from Bokaro Steel Plant (BSL), 6 institutions have defaulted in paying back instalments/interest.

(e) Repayment of loan is being vigorously pursued by BSL and the institutions have been cautioned that continuing default would warrant serious measures, including cancellation of lease.