Question : WORLD BANK AID FOR MAHARASHTRA



(a) whether the Union Government have received a proposal from the Government of Maharashtra forwarding the State Government`s request for `Special Structural Adjustment Loan` to World Bank ;

(b) if so, the details of the proposal ;

(c) whether the Government have examined the proposal and forwarded the same to the World Bank ; and

(d) if so, the present status of the proposal ?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE [SHRI ANANDRAO V. ADSUL]

(a) & (b): Yes Sir, Govt. of Mahararshtra have requested for a Structural Adjustment Loan (SAL) of US $ 750 million equivalent to Rs.3750 Crores from the World Bank.

(c) & (d): The proposal has been examined and it has not been found feasible to pose it to the World Bank in view of the limited availability of funds for SAL assistance and the proposals of other states already posed to the Bank.