Question : ASIAN DEVELOPMENT BANK LOAN



(a) the amount of loan taken by the Government from Asian Development Bank (ADB) during each of the last three years;

(b) the States which have been benefited by the ADB loan during those years;

(c) whether the ADB loan assistance for the coming four years has been finalised; and

(d) if so, the details thereof alongwith the States which are going to be benefited from the ADB loan?

Answer given by the minister



MINISTER OF STATE FOR FINANCE (SHRI BALASAHEB VIKHE PATIL)


(a) The amount of loan taken by the Government from the Asian Development Bank in the last three calendar years is as under :

1998	:	US $ 250 million	1999	:	US $ 425 million	2000	:	US $ 600 million




(b) The beneficiaries include States of Karnataka, West Bengal, Rajasthan, Madhya Pradesh and Gujarat.

(c) & (d) Asian Development Bank finalises the pipeline of projects on calendar year basis sometime between October and December for the succeeding year. During calendar year 2001, ADB has since approved a loan of US$ 500 million for the Gujarat Earthquake Rehabilitation and Reconstruction Project. The following projects for Calendar year 2001 are at various stages of processing and their details would be known after loan negotiations are held with ADB and the Board of Directors approves these loans:

1.	Madhya Pradesh Power Sector Development Project. 

2. Madhya Pradesh Power Sector Programme Loan

3. Western Transport Corridor Development Project

4. West Bengal Corridor Development Project

5. Private Sector Infrastructure Facility II Project Taj Environmental Improvement Project