Question : LOAN BY WORLD BANK



(a): whether the World Bank has agreed to provide a loan of 62 million dollars (Rs.260 cror

(e) for modernisation and expansion of the capacity of the Department of Telecommunication;

(b): if so, the salient features thereof;

(c): the details of the schemes proposed to be implemented in Madhya Pradesh with this loan from the World Bank; and

(d): the time by which the work is likely to be commenced on these schemes?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS (SHRI ANANDRAO V. ADSUL):

(a): Yes Sir. The World Bank has provided a loan of $ 62.00 million for Telecom Sector Reform Technical Assistance Project, agreements for which were signed on 11.08.2000.

(b): The project will strengthen the institutional framework and capacity of the government agencies responsible for telecommunications sector, regulating service providers, and managing the radio spectrum.

(c): Modernisation of radio monitoring facilities at Wireless Monitoring Station, Bhopal is included in this project.

(d): Contracts for procurement of National Radio Spectrum Management and Monitoring System became effective from December 2002. Delivery and installation of equipment in the various sites is scheduled to commence shortly and would be completed within eighteen months.