Lok Sabha Question No. 4728 (UNSTARRED), answered on 2019-07-22
Subject: Borrowings from Foreign Countries
Ministry: FINANCE
Asked by: M. Selvaraj

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## LOK SABHA UNSTARRED QUESTION No. 4728

TO BE ANSWERED ON MONDAY, JULY 22, 2019/ASHADHA 31, 1941(SAKA)

## BORROWINGS FROM FOREIGN COUNTRIES

## 4728. SHRI M. SELVARAJ:

Will the Minister of FINANCE be pleased to state:

- (a) the details of the Government borrowings, loans, credits  and grants from foreign countries especially  from  Non-Governmental  foundations  and  voluntary  organizations  as  on  date, category/foundation/country-wise;
- (b) the details of rules under which it can be availed from foreign companies;
- (c) the details of restrictions, if any, for utilizing such funds in India; and
- (d) the details of pending loans and credits as on date?

## ANSWER

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

(a) to (d):  India accepts external assistance from bilateral partners in the form of loans, grants  and  technical  assistance  for  development  of  infrastructure,  social  sector  and  for enhancement of knowledge/skills of Indian nationals at both Centre and States level.  The policy  guidelines  on  official  development  assistance  for  development  cooperation  with bilateral partners issued on 07.12.2015, is available at 'https://dea.gov.in/sites/default/files/GuidelineBDC\_2.pdf'.

The details of country-wise borrowings for various projects as on 12.07.2019 is at  Annexure-I.  Details of utilization of grants from different countries for the last four years is at Annexure-II.

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## Annexure-I referred to in reply to Para (a) to (d) of Lok Sabha Unstarred Question No. 4728 for 22.07.2019

Details of country-wise borrowings for various projects as on 12.07.2019

| Outstanding Government Loans as on 12/07/2019   | Outstanding Government Loans as on 12/07/2019   |
|-------------------------------------------------|-------------------------------------------------|
|                                                 | In INR Crore                                    |
| Bilateral Partner                               |                                                 |
| Germany                                         | 14,940.53                                       |
| France                                          | 5,793.88                                        |
| Italy                                           | 2.14                                            |
| Japan                                           | 1,25,921.15                                     |
| Russian Federation                              | 10,100.25                                       |
| United States of America                        | 701.30                                          |

## Annexure-II referred to in reply to Para (a) to (d) of Lok Sabha Unstarred Question No. 4728 for 22.07.2019

## Details of utilization of grants from different countries for the last four years

| In INR Crore             | In INR Crore   | In INR Crore   | In INR Crore   | In INR Crore   |
|--------------------------|----------------|----------------|----------------|----------------|
| Bilateral Partner        | 2015-2016      | 2016- 2017     | 2017-2018      | 2018-2019      |
| Germany                  | 29.84          | 23.45          | 21.18          | 5.76           |
| France                   | 0.00           | -0.16          | 0.00           | 6.49           |
| Japan                    | 29.06          | 36.02          | 0.00           | 46.75          |
| United Kingdom           | 224.28         | -0.25          | 0.00           | 0.00           |
| United States of America | 4.7            | 0.00           | 0.00           | 0.00           |

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