(a) the funds allocated to Orissa Government
during the current Ninth Five Year Plan;
(b) whether proposal to sanction a special
economic package for Orissa is under the
consideration of the Government; and
(c) if so, the steps taken to implement the
package?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a) to (c): The approved Ninth Five Year Plan
outlay at 1996-97 prices for the State of Orissa
is Rs.15000 crores out of which the allocation of
Central assistance is Rs.8022.31 crores.
The Central Government has been taking various
measures from time to time to supplement the efforts
of the Government of Orissa (a) in the direction of
fiscal reforms undertaken by them, (b) when they are
faced with imbalances on their cash account and (c)
in relief and rehabilitation works in the wake of
calamity.
Sufficient finances have been ensured through
a combination of feasible releases, rephasement of
repayment of loan and payment of interest and through
an increase in their Ways and Means Limit with RBI,
for a limited period. Additionally an amount of
Rs.300 crores was also made available to the State
Government during 1999-2000 as medium term assistance
under the Fiscal Reform Facility for enabling them to
achieve fiscal stability through the process of fiscal
reforms initiated by them.