(a) whether financial and administrative irregularities in Agricultural Finance Corporation
Ltd.(AFCL), Mumbai have come to notice recently; and
(b) if so, the details thereof and reaction of the Government thereto?
(a) whether financial and administrative irregularities in Agricultural Finance Corporation
Ltd.(AFCL), Mumbai have come to notice recently; and
(b) if so, the details thereof and reaction of the Government thereto?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI NAMO NARAIN MEENA)
(a) & (b) :The Agricultural Finance Corporation Limited (AFCL), Mumbai is an autonomous body
and the Board of AFCL is empowered to take its own decision within the framework of Companies
Act, 1956. The Government of India is not holding any share capital in AFCL.