(a) whether the Government have announced medium-
term loans for five crisis-ridden States to fund their opening deficit;
(b) if so, the total aid to be provided to these five Crisis-ridden
States;
(c) to what extent it will help these States which are facing a serious problem of overdrafts;
(d) whether this assistance would be recoverable or not; and
(e) if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS (SHRI ANANDRAO V.ADSUL)
(a) to (c) : A sum of Rs.3154 crores have been approved as a
Medium Term Loan to five States which faced acute cash imbalance in
2001-02, to enable them to tide over their cash imbalance.
(d) & (e): The assistance is recoverable, as it is in the form of a Medium
Term Loan for 5 years with a moratorium of two years on repayment of
principal.