(a) whether the Union Government has received a proposal from the Government of Gujarat to
waive the interest amount on overdue loan of Gujarat Minority Finance Development Corporation;
(b) if so, the action taken by the Union Government thereon;
(c) whether most part of the said loan is given to beneficiaries affected by the Gujarat
earthquake in 2001 and communal riots of 2002; and
(d) if so, the reasons for not considering it positively?
MINISTER OF STATE IN THE MINISTRY OF MINORITY AFFAIRS (SHRI NINONG ERING)
(a) to (d) A proposal to waive the interest amount on overdue loan of Gujarat Minorities
Finance and Development Corporation (GMFDC) was received. The National Minorities Development
and Finance Corporation (NMDFC), in order to ascertain that the most part of the said loan was
given to the beneficiaries affected by earthquake of 2001 and communal riots of 2002, requested
the GMFDC/ State Government to furnish beneficiary-wise details in the prescribed format for
further consideration. The matter was also discussed in the review meeting held on 1.3.2013
with the Managing Director of GMFDC and he was again requested to forward the required details
for examination. The said details have not been received from the GMFDC/ State Government.