THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANANDRAO VITHOBA ADSUL):
(a) and (b) The activities of National Bank for Agriculture and Rural Development (NABARD)
are monitored by Government on an on-going basis. An in depth review of its operations is
conducted by its Board of Directors comprising amongst others, senior representatives from
the Ministries of Finance, Agriculture and Rural Development and the Reserve Bank of India
(RBI). The activities of NABARD are also reviewed by the Central Board of irectors of RBI
every year. An annual review of NABARD`s activities is also tabled in Parliament alongwith
the annual report of the institution. The details of the State-wise refinance assistance
provided and the loans given to State Governments including the State of Himachal Pradesh
for the last three years are given in the Statement-I enclosed.
(c) NABARD has reported that deficiencies observed in the implementation of projects under
Rural Infrastructure Development Fund (RIDF) in States include, inter-alia, inadequate budgetary
provision,poor progress in implementation, non-receipt of project completion reports, delay in
land acquisition, low level of drawls, deviation irom approved estimates, inadequate monitoring,
etc.
(d) The State-wise details of the RIDF projects cleared during the last two
years are given in the Statement-ll enclosed. The details of the RIDF projects
sanctioned/approved by NABARD in HimachaL Pradesh during the last two years are given in
the Statement-IIIenclosed.
