Lok Sabha Question No. 1871 (UNSTARRED), answered on 2023-03-13
Subject: Open Market Borrowing by States
Ministry: FINANCE
Asked by: Aparupa  Poddar

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF EXPENDITURE

## LOK SABHA UNSTARRED QUESTION NO. 1871 TO BE ANSWERED ON MONDAY, 13 th  MARCH, 2023 22 PHALGUNA, 1944 (SAKA)

## Open Market Borrowing by States

## 1871. SHRIMATI APARUPA PODDAR:

Will the Minister of FINANCE be pleased to state:

- (a) whether the  Government  has  approved  and  disbursed  Rs.  8,154  crore  to  the  States  under Article 293(3) of the Constitution of India for raising Open Market Borrowing (OMB) and if so, the details thereof; and
- (b) whether during the month of October, 2022, as per the recommendations of the 15th Finance Commission, a total of Rs. 15,121.99 crore was also released to the States therefor and if so, the details thereof, State/UT-wise including West Bengal, Meghalaya and Tripura thereof?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- (a) Yes Sir, the consent of Government of India under Article 293 (3) of the Constitution of India for raising Open Market Borrowing (OMB) of Rs. 8,000 crore and Rs. 154 crore have been allowed  to  the  State  Governments  of  Haryana  and  Meghalaya  respectively  in  the  month  of October, 2022.
- (b) Yes  Sir,  during  the  month  of  October,  2022,  as  per  the  recommendations  of  the  15 th Finance Commission, a total of Rs. 15,121.99 crore was released to the States as grant. State-wise details of the amount released is given in Annexure .

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Annexure referred to in the answer of part (b) of Lok Sabha Unstarred question no. 1871 for 13.03.2023

State-wise detail of release of Finance Commission grants during the month of October, 2022

(Rs. In crore)

| Sl. No.   | Name of State    |   Total grants released during the month of October,2022 |
|-----------|------------------|----------------------------------------------------------|
| 1         | Andhra Pradesh   |                                                  1016.25 |
| 2         | Assam            |                                                   775.9  |
| 3         | Bihar            |                                                  1921    |
| 4         | Chhattisgarh     |                                                   331.8  |
| 5         | Goa              |                                                     2.4  |
| 6         | Haryana          |                                                    80.59 |
| 7         | Himachal Pradesh |                                                   781.42 |
| 8         | Kerala           |                                                  1720.83 |
| 9         | Maharashtra      |                                                  1525.41 |
| 10        | Manipur          |                                                   192.5  |
| 11        | Meghalaya        |                                                    86.08 |
| 12        | Mizoram          |                                                   134.58 |
| 13        | Nagaland         |                                                   394.7  |
| 14        | Punjab           |                                                   788.5  |
| 15        | Rajasthan        |                                                  2058.57 |
| 16        | Sikkim           |                                                    46.57 |
| 17        | Tripura          |                                                   368.58 |
| 18        | Uttar Pradesh    |                                                  1106.6  |
| 19        | Uttarakhand      |                                                   657.45 |
| 20        | West Bengal      |                                                  1132.25 |
|           | Total            |                                                 15122    |

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