MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) & (b) A table showing funds allocated and released to Maharashtra, including Mumbai,
during the last three years and the current year, for various purposes under Grant No.35
operated by the Ministry of Finance, is annexed. In addition to this, Rs. 594.57 crore as
Re-capitalisation Assistance under Short Terra Co-Operative Credit Structure (STCCS)
revival package and Rs. 189.31 crore under Viability Gap Funding (VGF) has been released
to Maharashtra during the last three years and current year so far.
(c) & (d) Based on ongoing assessment of the overall and inter State development priorities
and absorptive capacity of States, Government of India provides assistance to supplement the
developmental efforts of States with due regard to inter-se Plan priorities within overall
availability of resources,