Question : WORLD BANK LOAN



(a) whether World Bank has recently cleared $ 913.8 million loan to Government of India for implementation of new programmes at national, State and local levels; and

(b) if so, the details thereof together with projects that are proposed to be taken up with World Bank loan, State-wise?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)


(a) & (b): Yes, Sir. The World Bank has approved on June 21, 2001, loans and credits totalling US$ 913.8 million. These include:


(i) Karnataka Watershed Development Project (US$ 100.4 million)

(ii) Karnataka Economic Restructuring Project (US$ 150 million)

(iii) The Grand Trunk Road Improvement Project (US$ 589 million)- Central sector (Uttar Pradesh and Bihar)

(iv) Second Rajasthan District Primary Education Project (US$ 74.4 million)