(a) whether the Government have received a proposal from National Minority
Commission with regard to extention of benefit of the `Central Interest Subsidy
Scheme` to the riot victims belonging to all communities;
(b) if so, the reaction of the Government thereto; and
(c) the names of the banks which have provided loan to riot victims at the rate of the one percent interest along with the amount of loan provided during the last three years ?
MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS (SHRI ANANDRAO V. ADSUL)
(a) & (b): Yes, Sir. A proposal from National Minority Commission was received
recommending that the Government of India should evolve a Central Interest
Subsidy Scheme for communal riot affected borrowers of the minority
communities in all future communal riots, on the pattern of the existing Central
Interest Subsidy Scheme (Revised) for November, 1984 riot affected borrowers.
The proposal was examined in consultation with Reserve Bank of India (RBI). RBI
is of the view that the above Scheme was framed, as a very special case, in view of the severity and suffering of the borrowers in specific situation. As such,
introduction of a General Scheme to cover all future riots is not considered
desirable.
(c): The information is being collected and will be laid on the Table of the House.