Question : FUNDS SPENT IN MAHARASHTRA



(a) the details of funds allotted to/spent in Maharashtra especially in Mumbai by the Ministry and its various organizations during the last three years and current year, so far;

(b) The purpose for which these funds were allotted/spent;

(c) whether the Government proposes to increase those funds; and

(d) if so, the details thereof?

Answer given by the minister


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,