Lok Sabha Question No. 3311 (UNSTARRED), answered on 2019-12-09
Subject: Repayment of Loans by Andhra Pradesh
Ministry: FINANCE
Asked by: Geetha Viswanath Vanga

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE

## LOK SABHA UNSTARRED QUESTION NO.  3311 TO BE ANSWERED ON MONDAY, 09 th  December, 2019 18 AGRAHAYANA, 1941 (SAKA)

## Repayment of Loans by Andhra Pradesh

## 3311. SHRIMATI VANGA GEETHA VISWANATH:

Will the Minister of FINANCE be pleased to state:

- a) whether the Government has any details of the loans to be repaid by the Government of Andhra Pradesh to Centre, World Bank, Asian Development Bank, NABARD and other financial institutions and banks and re-payment made during the last three years and the current year, particularly after the implementation of the Andhra  Pradesh State Reorganisation Act;
- b) if so, the details thereof, institution-wise and the purpose thereof, work-wise;
- c) whether Andhra Pradesh has requested for relaxation in loan repayment/re-scheduling of loans and if so, the details thereof and the action taken by various agencies so far, post bifurcation of the State;
- d) the details of the loans being utilised for each project in Andhra Pradesh;
- e) whether the liabilities and other loans crossed more than Rs. 2.56 lakh crore by the end of March 31, 2019 and if so, the details thereof; and
- f) the  details  of  the  comparative  assets  and  liabilities  of  each  State  during  the  last  three years and the current year compared to Andhra Pradesh, year-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANURAG SINGH THAKUR)

- (a) & (b) As per the provisions of Article 293 (1) of the Constitution of India, the executive power of a State extends to borrowing within the territory of India upon the security of the Consolidated Fund of the State within such limits, if any, as may from time to time be fixed  by  the  Legislature  of  such  State  by  law.  The  States  raises  funds/  loans  through externally  aided  projects  and  Open Market  Borrowing  (which are untied in nature) for implementing  schemes/  programmes  which  are  best  suited  to  their  local  needs  and requirements. As gleaned from State Finance Accounts and State Budget documents of Andhra  Pradesh,  the  details  of  outstanding  loan  to  be  paid  and  repayment  by  the Government of Andhra Pradesh to Central Government, financial institutions, etc. at the end of  March  of  2016-17  (FA)  to 2019-20(BE)  are  at Annex-I and Annex-II respectively .
- (c) Special Assistance Measure by way of repayment of loan and interest for the Externally Aided Projects (EAPs) signed and disbursed during 2015-16 to 2019-20 by the State was approved for the State Government of Andhra Pradesh, for additional Central share which the  State  might  have  received  during  2015-16  to  2019-20,  if  the  funding  of  Centrally Sponsored  Schemes  (CSS)  would  have  been  shared  at  the  ratio  of  90:10  between  the Centre and the State. In compliance to the same and based on the request received from the  State  Government  of  Andhra  Pradesh  in  financial  year  2018-19,  an  amount  of Rs.15.81  crore  has  been  released  towards  repayments  of  interest  liabilities  of  EAPs signed and disbursed by the State during 2015-16 to 2017-18 in financial year 2018-19.
- (d) The details of loans utilised for Externally Aided Projects (EAP) in Andhra Pradesh is at Annex-III.
- (e) & (f) As gleaned from Reserve Bank of India report titled 'State finances: A study of budgets of 2019-20', the state-wise details of outstanding liabilities at the end of March of 2016-17 (FA) to 2019-20 (BE) are at Annex-IV.

## Annex-I to reply to part (a) and (b) of Lok Sabha Unstarred question no. 3311 for 09.12.2019

## Outstanding Loan to be paid to Central Government, Financial Institutions etc.

(Rs. in crore)

| Particulars                                               | 2016-17 (FA)   | 2017-18 (FA)   | 2018-19 (RE)   | 2019-20 (BE)   |
|-----------------------------------------------------------|----------------|----------------|----------------|----------------|
| Open Market Loans                                         | 1,12,630       | 1,31,553       | 1,55,376       | 1,86,159       |
| Loans from Central Government                             | 9,025          | 8,977          | 9,804          | 11,039         |
| Loans from Other Institutions including NABARD, NSSF etc. | 28,153         | 28,261         | 27,639         | 26,282         |

(Source: Andhra Pradesh State finance accounts and state budget documents)

## Annex-II to reply to part (a) and (b) of Lok Sabha Unstarred question no. 3311 for 09.12.2019

## Repayment of Loan to Central Government, Financial Institutions, etc

(Rs. in crore)

| Particulars                                               | 2016-17 (FA)   | 2017-18 (FA)   | 2018-19 (RE)   | 2019-20 (BE)   |
|-----------------------------------------------------------|----------------|----------------|----------------|----------------|
| Open Market Loans                                         | 3,079          | 6,650          | 10,934         | 8,994          |
| Loans from Central Govt.                                  | 747            | 998            | 739            | 1,265          |
| Loans from Other Institutions including NABARD, NSSF etc. | 1,767          | 1,762          | 1,866          | 3,158          |

(Source: Andhra Pradesh State finance accounts and state budget documents)

## Annex-III to reply to part (d) of Lok Sabha Unstarred question no. 3311 for 09.12.2019

## Utilisation of EAP loans of Andhra Pradesh

| S.N.   | Particulars                                                                          |   2015-16 |   2016-17 |   2017-18 |   2018-19 |   2019-20 (till 04.12.2019) |
|--------|--------------------------------------------------------------------------------------|-----------|-----------|-----------|-----------|-----------------------------|
| 1      | Asian Development Bank                                                               |      0    |      0    |    523.16 |    245.2  |                      572.6  |
| a)     | 3424-IND Visakhapatnam- Chennai Industrial Corridor Development Program              |      0    |      0    |    398.27 |      0    |                      443.17 |
| b)     | 3430-IND Visakhapatnam- Chennai Industrial Corridor Development Programme- Project-1 |      0    |      0    |    124.89 |    245.2  |                      129.42 |
| 2      | Asian Infrastructure Investment Bank                                                 |      0    |      0    |      2.58 |    143.67 |                      337    |
| a)     | 0009-1-IND Andhra Pradesh 24x7 - Power for All Project                               |      0    |      0    |      2.58 |    143.67 |                      114.8  |
| b)     | L0063A-IND Andhra Pradesh Rural Roads Project                                        |      0    |      0    |      0    |      0    |                      215.19 |
| c)     | L0079A-IND AP Urban Water Supply Septage Mgt Improvement Pj.                         |      0    |      0    |      0    |      0    |                        7.02 |
| 3      | GODE Germany                                                                         |      0    |    185.45 |    144.86 |      0    |                        0    |
| a)     | Green Energy Corridors- Intra State Transmission System in Andhra Pradesh            |      0    |     35.79 |    144.86 |      0    |                        0    |
| b)     | Green Energy Corridors- Intra State Transmission System in Andhra Pradesh            |      0    |    149.66 |      0    |      0    |                        0    |
| 4      | GOJP Japan                                                                           |    682.48 |    572.9  |    293.87 |    105.27 |                       45.42 |
| a)     | IDP-174 Hussain Sagar Lake and Catchment Area Impro. Proj.                           |     21.11 |     17.63 |      0    |      0    |                        0    |
| b)     | IDP-178 Transmission System Modernization& Strengthening Project in Hyderabad        |     28.66 |      0    |      0    |      0    |                        0    |
| c)     | IDP-181 Andhra Pradesh Irrigation& Livelihood Improvement Project                    |     94.78 |     91.36 |     40.7  |      0    |                        0    |
| d)     | IDP-193 Hyderabad Outer Ring Road Project Phase-1                                    |      9.78 |    -38.27 |      0    |      0    |                        0    |
| e)     | IDP-193A Hyderabad Outer Ring Road Project Phase-1                                   |      1.32 |      0    |      0    |      0    |                        0    |
| f)     | IDP-198 Hyderabad Outer Ring Road Project (Phase-II)                                 |    176.78 |    160.86 |    156.32 |     52.96 |                       35.35 |
| g)     | IDP-198A Hyderabad Outer Ring Road Project (Phase-II)                                |      2.02 |     20.68 |      4.99 |      6.53 |                        0.98 |
| h)     | IDP-216 Andhra Pradesh Rural High Voltage Distribution System Project                |    347.22 |    320.64 |     91.04 |     45.78 |                        0    |

(Rs. in crore)

| i)   | IDP-216A Andhra Pradesh Rural High Voltage Distribution System Project             |    0.81 | 00.00   |    0.82 |   00.00 |   00.00 |
|------|------------------------------------------------------------------------------------|---------|---------|---------|---------|---------|
| j)   | IDP-260 Andhra Pradesh Irrigation and Livelihood Improvement Project (Phase 2) (I) |    0    | 00.00   |    0    |    0    |    9.08 |
| 5    | IBRD International Bank for Reconstruction and Development                         |  551.75 | 591.94  |  377.85 |  647.06 |  316.06 |
| a)   | 4857-IN Andhra Pradesh and Telangana Commun. Based Tank Management Project         |    9.64 | 00.00   |    0    |    0    |    0    |
| b)   | 7792-IN Andhra and Telangana Road Sector Project                                   |   95.32 | 65.17   |   55.56 |   24.42 |   41.77 |
| c)   | 7816-IN Andhra Pradesh and Telangana Municipal Development Project                 |  263.2  | 160.44  |  105.89 |   25.32 |   96.42 |
| d)   | 7897-IN Water Sector Improvement Project                                           |  183.59 | 366.33  |  212.54 |  184.39 |    0    |
| e)   | 8755-IN Andhra Pradesh 24x7 - Power for All Project                                |    0    | 00.00   |    3.87 |  215.06 |  171.98 |
| f)   | 8910-IN AP Integrated Irrigation and Agriculture Transformation Project            |    0    | 00.00.  |    0    |  198.88 |    0    |
| g)   | 8945-IN Andhra Pradesh Health Systems Strengthening Project                        |    0    | 00.00   |    0    |    0    |    5.9  |
| 6    | IDA International Development Association                                          |   54.4  | 150.25  |  201.12 |  328.28 |  197.06 |
| a)   | 4291-IN Andhra Pradesh and Telangana Commun. Based Tank Management Project         |    9.2  | 23.11   |    0    |    0    |    0    |
| b)   | 4653-IN Andhra Pradesh Rural and Telangana Water Supply and Sanitation Project     |   44.15 | 9.51    |   50.09 |   10.46 |    0    |
| c)   | 5576-IN Andhra Pradesh Rural Inclusive Growth Project                              |    1.06 | 21.23   |  111.16 |   95.07 |   76.57 |
| d)   | 5694-IN Andhra Pradesh Disaster Recovery Project                                   |    0    | 96.40   |   39.88 |  222.75 |  120.49 |
| 7    | IFAD / F A D                                                                       |    0    | 00.00   |    0    |   35.62 |   64.25 |
| a)   | 2000001749 Andhra Pradesh Drought Mitigation Project                               |    0    | 00.00   |    0    |   35.62 |   64.25 |
|      | Total ( 1 to 7)                                                                    | 1288.63 | 1500.54 | 1543.44 | 1505.09 | 1532.38 |

## Annex-IV to reply to part (e) and (f) of Lok Sabha Unstarred question no. 3311 for 09.12.2019

## Total Outstanding Liabilities of State Governments (As at end-March)

(Rs. in Crore)

| State             | 2016-17 (FA)   | 2017-18 (FA)   | 2018-19 (RE)   | 2019-20 (BE)   |
|-------------------|----------------|----------------|----------------|----------------|
| Andhra Pradesh    | 2,54,283       | 2,29,334       | 3,06,010       | 3,41,270       |
| Arunachal Pradesh | 5,670          | 6,969          | 8,003          | 8,959          |
| Assam             | 44,037         | 49,310         | 57,746         | 68,322         |
| Bihar             | 1,39,069       | 1,56,981       | 1,68,426       | 1,85,612       |
| Chhattisgarh      | 43,397         | 55,050         | 68,191         | 79,705         |
| Goa               | 16,903         | 18,642         | 20,485         | 22,401         |
| Gujarat           | 2,43,357       | 2,68,263       | 2,97,996       | 3,25,962       |
| Haryana           | 1,49,412       | 1,67,262       | 1,84,112       | 2,06,072       |
| Himachal Pradesh  | 47,244         | 51,030         | 53,940         | 59,009         |
| Jammu and Kashmir | 61,969         | 67,887         | 74,741         | 82,332         |
| Jharkhand         | 67,350         | 77,586         | 83,549         | 91,281         |
| Karnataka         | 2,11,169       | 2,45,951       | 2,78,561       | 3,17,581       |
| Kerala            | 1,91,623       | 2,16,499       | 2,38,122       | 2,66,484       |
| Madhya Pradesh    | 1,56,066       | 1,73,137       | 2,00,035       | 2,34,979       |
| Maharashtra       | 3,96,001       | 4,32,479       | 4,42,724       | 5,02,697       |
| Manipur           | 8,831          | 9,565          | 10,427         | 10,911         |
| Meghalaya         | 9,244          | 10,158         | 10,794         | 11,984         |
| Mizoram           | 6,681          | 7,547          | 7,722          | 8,176          |
| Nagaland          | 9,562          | 10,399         | 10,077         | 10,978         |
| Odisha            | 71,984         | 1,03,066       | 1,11,475       | 1,33,316       |
| Punjab            | 1,82,584       | 1,95,174       | 2,12,297       | 2,29,632       |
| Rajasthan         | 2,55,472       | 2,81,663       | 3,07,022       | 3,43,909       |
| Sikkim            | 4,689          | 5,911          | 6,814          | 7,667          |
| Tamil Nadu        | 2,83,620       | 3,26,636       | 3,61,793       | 4,04,993       |
| Telangana         | 81,821         | 1,60,296       | 1,44,591       | 1,68,725       |
| Tripura           | 11,852         | 13,384         | 14,676         | 16,518         |
| Uttar Pradesh     | 4,73,348       | 5,17,585       | 5,63,127       | 6,02,160       |
| Uttarakhand       | 44,508         | 53,071         | 57,977         | 64,688         |
| West Bengal       | 3,37,611       | 3,71,072       | 4,00,434       | 4,37,039       |
| Total             | 38,09,357      | 42,81,905      | 47,01,864      | 52,43,360      |

Source: Reserve Bank of India report published in September 2019

Note:  SDL of Rs. 38,468.46 crore under Andhra Pradesh reflects transfer to Telangana due to bifurcation of the state of Andhra Pradesh.

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