Question : WORLD BANK ASSISTANCE TO U.P.



(a) whether the World Bank has assured recently to extend financial assistance to the projects of Uttar Pradesh;

(b) if so, the financial assistance likely to be received by the Uttar Pradesh Government from the World Bank and the projects on which this amount is likely to be spent; and

(c) the terms and conditions on which this financial assistance has been assured?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE

(SHRI BALASAHEB VIKHE PATIL)

(a) Yes, Sir.

(b) The World Bank Board on 25th April 2000 approved the following projects to be implemented in UP: -

US $ (in millions)
S.No. Name of Project Amount
1 UP Health Systems Development 110 2 UP Fiscal Reform & Public Sector Restructuring 251.3 3 UP Power Sector Restructuring 150
Total 511.3


(c) As per the normal terms and conditions applicable to other loans of the World Bank. Government of India will be the borrower and will on-lend to Government of U.P. under standard Additional Central Assistance terms.