(a) the criteria adopted by the Tourism Finance Corporation of India for disbursement
of funds alongwith the Resrve Bank of India`s guidelines in this regard;
(b) the tourism related projects in Haryana for which TFCI has provided funds;
(c) whether the Government have received any complaints regarding irregularities in
disbursement/sanctioning of funds by TFCI; and
(d) if so, the details thereof and the action taken by the Government thereof?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI V. DHANANJAYA KUMAR):
(a) As reported by Tourism Finance Corporation of India Ltd. (TFCI) no guidelines have
been issued by Reserve Bank of India specifically for disbursement of funds by TFCI.
The disbursement to the assisted concerns is made by TFCI on execution of loan documents
and on compliance of pre-disbursement conditions as per policy approved by the Board in
accordance with the general prudential regulations and exposure norms prescribed by RBI from
time to time.
(b) TFCI has sanctioned financial assistance to six projects in the State of Haryana
involving a total amount of Rs. 4953 lakhs.
(c) and (d) The Government has received one complaint. The same is being examined.