(a)Whether some States are facing crisis in respect of financial resources ;
(b) If so, the details of the States ;
(c)Whether the Union Government have received requests from the Chief
Ministers of various State Governments for financial assistance to resolve
their financial crisis ;
(d) If so, the details thereof; and
(e) The action taken by the Union Government thereon, State-wise,particularly
in respect of Gujarat ?
MINISTER OF THE STATE IN THE MINISTRY OF FINANCE SHRI P. CHIDAMBARAM
(a) to (e): A statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) to (e) OF LOK SABHA
STARRED QUESTION NO.123 FOR ANSWER ON 11TH MARCH, 2005 REGARDING
SPECIAL ECONOMIC PACKAGE FOR VARIOUS STATES.
(a)to(e) : The State Governments had submitted memoranda to the Twelfth Finance
Commission (TFC) indicating their financial position and requirements of funds for
the period 2005-10. TFC has given its recommendations after considering these
memoranda and other fiscal parameters.These recommendations have been accepted
by the Government.The total transfer of funds from the Centre to the States during
this period is estimated to increase from Rs. 434905 crore during 2000-2005 to Rs.757514
crore during 2005-10.In so far as Gujarat is concerned, the total transfer of funds is
estimated to increase from Rs. 12261 crore during 2000-2005 to Rs. 25609 crore during
2005-10.