Question : NABARD FUNDING FOR TAMIL NADU



(a) the number of proposals received by the NABARD from Tamil Nadu under the RIDF and other schemes for providing loans for various infrastructure development works in the State during the last three years.

(b) the details of the proposals cleared and the amount disbursed for the same so far;

(c) whether the Government have taken note on the unnecessary delay in clearing the proposals; and

(d) if so, the steps taken by the Government for speedy disposal of such projects ?

Answer given by the minister


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

(a) The details of the proposals received from Tamil Nadu and sanctioned by National Bank for Agriculture and Rural Development (NABARD) under the Rural Infrastructure Development Fund (R1DF) for providing loans for various infrastructure developmental works in the State during the last three years are given below:


Year Tranche Number of Projects Sanctioned Rural Roads- Irrigation Bridges
1998-1999 RIDF-IV 3 - 1999-2000 RIDF-V 4 2 2000-2001 RIDF-Vl 2 4 Total 12 4

(b) The details of the amount sanctioned and disbursed for the last three years are given below:

(Rs.Crore)
Projects covered RIDF-IV RIDF-V RiDF-VI (1998-99) (1999-2000) (2000-2001)
Amount Sanctioned 179.66 255.61 264.68 Disbursements 113.64 114.03 63.50

(c) and (d) The RIDF proposals are to be prepared and submitted by the State Government to NABARD for sanction. NABARD has reported that there has been no instance of undue delay in clearing the projects. As soon as adequate information/necessary clarifications are received from the State Governments, the proposals are sanctioned and intimated to the State Governments.