THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASHEB ViKHE PATiL) :
(a) As per the information furnished by the Reserve Bank of India, the State-wise details
of number of unemployed youths who have applied for loans under Prime Minister`s Rozgar
Yojana (PMRY) to all Scheduled Commercial Banks during last three year ending March 1999,
March 2000 and February 2001 are given in column (3) of Statement-I
(b) State-wise target for providing loan under PMRY, the amount sanctioned and
disbursed by all scheduled commercial banks during the last three years are also indicated
in the Annexure-I. The bank-wise target for providing loan under PMRY. amount
sanctioned, amount disbursed, number of youth benefited during the last three
years in given in Annexure-ll. However the data generating system of RBI does not
provide the information in the manner asked for in part (b) of the question.
(c) State-wise number of applications pending with all Scheduled Commercial Banks as
on 28.02.2001 are given in page 3 of Statement-I and Bank-wise details of pending applications
are given in page 3 of Statement-II. The reasons for delay in sanctioning of loans to the
unemployed youth inter-alia include inability of borrowers
(i) to obtain license power
connection in time to commente the activity
(ii) to secure premises,
(iii) to complete the
pre-formalities sanction loan requirements and
(iv) borrowers preference for secured
Government jobs instead of taking self employment ventures.
(d) The steps taken to simplify the procedure in respect of loan and remove the problem
faced by the youth in getting bank loan with the requirements/documentation etc., for
early sanction/disbursement of loan amount and the problem faced by the beneficiaries are
reviewed on a continuous basis and appropriate remedial measures are taken at various forums
viz., District Level Consultative Committee/State Levei Banker`s Committee.
