Question : FERTILIZER BONDS



(a) the total amount of bonds issued to the fertilizer companies by the Government;

(b) whether the Government proposes to buy back fertilizer bonds;

(c) if so, the reasons therefor alongwith the value of bonds proposed to be bought back by the Government; and

(d) the instalment-wise value of bonds bought back so far?

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI SRIKANT KUMAR JENA)

(a): The total amount of Bonds, which were issued to the fertilizer companies, was Rs. 27,500 crore.

(b) & (c): Government has already bought back fertilizer bonds due to the liquidity problems of the fertilizers Companies.

(d): The instalment wise bonds bought back is as per table below:-

(Rs. in Crore)
Total Bonds sold Bonds bought Bonds bought Unsold bonds prior to back on back on fertilizer issued buy back 31.3.2011 26.7.2011 bonds
27500 13757.36 5762.98 6032.30 1947.37