opensansad/lok-sabha-qa huggingface dataset:
Lok Sabha Question No. 3346 (UNSTARRED), answered on 2016-08-05
Subject: Medical Colleges
Ministry: HEALTH AND FAMILY WELFARE
Asked by: RENUKA BUTTA

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

LOK SABHA UNSTARRED  QUESTION NO. 3346 TO BE ANSWERED ON 5 TH AUGUST, 2016

## MEDICAL COLLEGES

## 3346. SHRIMATI BUTTA RENUKA:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Medical Council of India (MCI) has identified large number of edical colleges established in the country are not complying with the rules and requirements laid down by the MCI;
- (b) if so, the details thereof along with the number of colleges identified, State - wise; and
- (c) the action taken/being taken by the Government on such erring medical colleges?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI FAGGAN SINGH KULASTE)

(a) to (c): Permission to Medical Colleges is governed by Section 10(A) of IMC Act, 1956 Permission for establishment/ renewal permission of a Medical College is granted by Ce Government  on  the  basis  of  recommendation  by  Medical  Council  of  I ndia  (MCI)  after assessment  as  per  Minimum  Standard  Requirements  under  the  MCI  Regulations,  1999.  The permission is initially granted for one year and is renewed on yearly basis subject to ve of achievements of annual targets. Medical Colleges wh ich fail to meet the Minimum Standards are not given permission/ renewal permission. For t he academic session 2016 - 7, 51 Medical Colleges were not granted renewal permission and 5 colleges were asked not to admit stud State/ UT - wise details are given in annexure.

List of Medical College which have been denied permission for admitting stud in MBBS Course for the academic session 2016 - 2017:

| S.No.   | Name of the States   |   Number of Medical Colleges |
|---------|----------------------|------------------------------|
| 1.      | Andhra Pradesh       |                            5 |
| 2.      | Bihar                |                            1 |
| 3.      | Haryana              |                            1 |
| 4.      | Karnataka            |                            5 |
| 5.      | Kerala               |                           10 |
| 6.      | Madhya Pradesh       |                            3 |
| 7.      | Maharashtra          |                            4 |
| 8.      | New Delhi            |                            1 |
| 9.      | Odisha               |                            3 |
| 10.     | Puducherry           |                            1 |
| 11.     | Punjab               |                            2 |
| 12.     | Rajasthan            |                            1 |
| 13.     | Tamilnadu            |                            7 |
| 14.     | Telangana            |                            3 |
| 15.     | Uttar Pradesh        |                            8 |
| 16.     | West Bengal          |                            1 |
| Total   | Total                |                           56 |
Lok Sabha Question No. 3345 (UNSTARRED), answered on 2016-08-05
Subject: Aircraft Carriers
Ministry: DEFENCE
Asked by: KIRTI VARDHAN SINGH

## GOVERNMENT OF INDIA MINISTRY OF DEFENCE DEPARTMENT OF DEFENCE

## LOK  SABHA

## UNSTARRED QUESTION NO.3345

TO BE ANSWERED ON THE 5 TH  AUGUST, 2016

## AIRCRAFT CARRIERS

3345.  SHRI  KIRTI VARDHAN SINGH:

Will the Minister of DEFENCE j{kk ea=h be pleased to state:

- (a) the total number of aircraft carriers in the country;
- (b) whether the Government has signed any agreement with the United States of America for building light aircraft carriers in the country;
- (c) if so, the details thereof and the manner in which such collaboration is likely to help Indian Navy to compete with military preparedness of other countries;
- (d) whether the Government proposes to acquire any aircraft carrier on lease from Russia; and
- (e) if so, the details thereof?

## A    N    S    W    E    R

MINISTER OF DEFENCE                                      (SHRI MANOHAR PARRIKAR)

j{kk ea=h

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- (a) Indian Navy has two aircraft carriers at present.
- (b) No, Madam.
- (c) Does not arise.
- (d) No, Madam.
- (e) Does not arise.

*******
Lok Sabha Question No. 3344 (UNSTARRED), answered on 2016-08-05
Subject: Dhanush Cannons
Ministry: DEFENCE
Asked by: C. MAHENDRAN

## GOVERNMENT OF INDIA MINISTRY OF DEFENCE DEPARTMENT OF DEFENCE PRODUCTION

## LOK  SABHA

## UNSTARRED QUESTION NO.3344

TO BE ANSWERED ON THE 5 TH  AUGUST, 2016

## DHANUSH  CANNONS

3344.  SHRI  C. MAHENDRAN:

Will the Minister of DEFENCE j{kk ea=h be pleased to state:

- (a) whether  the  Government  has  recently  inducted  three  indigenously  produced Dhanush Cannons in the Army / Military service;
- (b) if so, the details and the special features thereof;
- (c) whether  the Government has fixed any target to manufacture Dhanush Cannons; and
- (d) if so, the details thereof?

## A    N    S    W    E    R

MINISTER OF DEFENCE                                      (SHRI MANOHAR PARRIKAR)

j{kk ea=h

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- (a) & (b): Three  nos.  155  mm  x  45  Calibre  Artillery  gun  'Dhanush'  have been  handed  over  to  Indian  Army  in  June  2016,  for  undertaking  user exploitation.

## Special features of Dhanush guns are:

- (i) 8 km more range than BOFORS Gun.
- (ii) Modified Double Baffle Muzzle Brake.
- (iii) Modified  Loading  Trough  to  accommodate  Bi  Modular    Charge System (BMCS).
- (iv) Electronic  Suite  to  include  an  Enhanced  Tactical  Computer (ETC),  Intertial  Navigation  System  (INS),  Muzzle  Velocity  Radar (MVR) and Automatic Gun Sighting System (AFSS) for enhanced accuracy and auto laying of the gun.
- (c) & (d): An  indent  of  quantity  114  guns  has  already  been  placed  on Ordnance Factory Board (OFB).

*******
Lok Sabha Question No. 3342 (UNSTARRED), answered on 2016-08-05
Subject: Private Hospitals Research Centres
Ministry: HEALTH AND FAMILY WELFARE
Asked by: K. KAMARAAJ

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE

## DEPARTMENT OF HEALTH RESEARCH

LOK SABHA UNSTARRED  QUESTION NO. 3342 TO BE ANSWERED ON 5 TH AUGUST, 2016

## PRIVATE HOSPITALS RE SEARCH CENTRES

## 3342. DR. K. KAMARAJ:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) the number of private hospitals in the country which have been recognized as r se rch centres and are being given grants for research during the last three years; and
- (b) the achievements made by the said hospitals cum research centres?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SMT. ANUPRIYA PATEL )

- (a) & (b): The Department of Health Research (DHR) does not recognize private hospitals as research centres and does not provide any grant for research.
Lok Sabha Question No. 3340 (UNSTARRED), answered on 2016-08-05
Subject: Welfare and Security of MNREGA Workers
Ministry: FINANCE
Asked by: VINOD KUMAR SONKAR

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 3340

TO BE ANSWERED ON 5 th August, 2016/Shravana 14, 1938 (Saka)

## Welfare and Security of MNREGA Workers

†3340. SHRI VINOD KUMAR SONKAR:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government is considering to make the Pradhan Mantri Suraksha Bima Yojana of Rs. 12 and Pradhan Mantri Jeevan Jyoti Yojana of Rs. 330 compulsory for the welfare and security of crores of MNREGA workers and if so, the details thereof;
- (b) whether the Government has carried out any assessment of the benefits and security, the same is likely to bring to the MNREGA workers by making the aforesaid schemes compulsory;
- (c) if so, the details thereof; and
- (d) if not, the reasons therefor?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SANTOSH KUMAR GANGWAR)

(a) to (d): Any person within the age group of 18-50 years having a bank account can enroll for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for life insurance of Rs. 2 Lakhs. Similarly, any person within the age group of 18-70 years having a bank account can enroll for Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accidental death/disability insurance of Rs. 2 Lakhs. The subscribers can also be MGNREGA beneficiaries/labourers as well. The above two schemes are voluntary in nature as they can be self-subscribed and are not mandatory for any section of society.

As per Ministry of Rural Development, an advisory has been issued to States/UTs for opening of account of MGNREGA workers under Pradhan Mantri Jan Dhan Yojana and also to encourage their enrolment under the schemes namely; Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.

***********
Lok Sabha Question No. 3339 (UNSTARRED), answered on 2016-08-05
Subject: Growth Rate of Bank Deposit
Ministry: FINANCE
Asked by: DEEPENDER SINGH HOODA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO.3339

TO BE ANSWERED ON THE 5 th August, 2016/ Shravana 14, 1938 (SAKA)

## Growth Rate of Bank Deposit

## QUESTION

## 3339. SHRI DEEPENDER SINGH HOODA:

Will the Minister of FINANCE be pleased to state:

- (a) whether the growth in bank deposit in the country has plunged to an all time low and if so, the details thereof along with the reasons therefor;
- (b) whether the Government has taken any corrective measures to boost the bank deposits; and
- (c) if so, the details thereof?

## ANSWER

The Minister of State in the Ministry of Finance

## (SHRI SANTOSH KUMAR GANGWAR)

(a) to (c): The year-on-year growth of total deposits of Scheduled Commercial Banks (SCBs) as on March 2014, 2015 and 2016 was 13.71%, 10.66% and 7.61% respectively. The decline in deposits growth of SCBs is on account of low deposit growth in Public Sector banks (PSBs). The banks are autonomous institution guided by their Board run policies. The Government / Reserve Bank of India (RBI) has given autonomy to the Banks to design their product to attract deposits under RBI's regulatory framework.

*******
Lok Sabha Question No. 3336 (UNSTARRED), answered on 2016-08-05
Subject: Regulations on AYUSH System of Good Clinical Practice guidelines
Ministry: AYURVEDA,YOGA & NATUROPATHY,UNANI,SIDDHA AND HOMEOPATHY (AYUSH)
Asked by: PARASURAMAN K., R. GOPALAKRISHNAN, RAMDAS CHANDRABHANJI TADAS, KOTHA PRABHAKAR REDDY

## GOVERNMENT OF INDIA MINISTRY OF AYURVEDA, YOGA & NATUROPATHY, UNANI, SIDDHA AND HOMOEOPATHY (AYUSH)

LOK  SABHA UNSTARRED QUESTION NO.3336 TO BE ANSWERED ON 5 TH AUGUST, 2016

## REGULATIONS ON AYUSH SYSTEM OF GOOD CLINI CAL PRACTICE GUIDELINES

3336. SHRI K. PARASURAMAN: SHRI R. GOPALAKRISHNAN: SHRI RAMDAS C. TADAS: SHRI PRABHAKAR REDDY KOTHA:

Will the Minister of AYURVEDA, YOGA AND NATUROPATHY, UNANI, be pleased to state:

SIDDHA AND HOMOEOPATHY (AYUSH)

- (a) whether the Government has any set o f Good Clinical Practice guidelines;
- (b) if so, the details thereof;
- (c) the mechanism put in place by the Government to monitor effective implementation of th guidelines;
- (d) whether the Government proposes to amend/modify these guidelines; and
- (e) if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE (IC) OF THE MINISTRY OF AYURVEDA,

## YOGA & NATUROPATHY, UNANI, SIDDHA AND HOMOEOPATHY (SHRI SHRIPAD YESSO NAIK)

- (a) & (b): Yes, the Government published 'Good Clinical Practice Guidelines for Clinical Trials in Ayurveda, Siddha and Unani Medicine (GCP -ASU)' in the year 2013. These guidelines encompass the design, conduct, termination, audit, analysis, reporting and documentati on of the systematic  studies  involving  human  subjects  for  determining  the  safety  and  efficac Ayurvedic, Siddha and Unani (ASU) drugs. This document aims to ensure that the studies scientifically  and  ethically  sound  and  the  clinical  properties  of  th e  ASU  medicines  under investigation are properly documented. The guidelines seek to establish two cardinal pri of protection of the rights of human subjects and generation of authentic clinical tri ASU medicines.

Contd……….

(c) to (e) :   The GCP guidelines for ASU drugs at present are a guiding tool to the resea and do not bear any legal binding, yet the stakeholders are advised to adhere to the p prescribed in these guidelines while conducting clinical trials on ASU med icines. The guidelines are displayed for free download on the website of the Ministry of AYUSH.

Rule 158 - B of the Drugs & Cosmetics Rules, 1945 prescribes the regulatory requirements including  submission  of  proof  of  safety  and  effectiveness  for  licensing  of  ASU  d Enforcement  of  these  provisions  is  under  the  purview  of  the  State  Licensing  Author appointed  by  the  Sta te  Governments.  Directive  is  issued  to  all  State  Licensing  Authoriti Research  Councils,  National  Institutes,  Health  Universities  and  ASU  drugs  manufacturers' Associations to ensure registration of the clinical trials of AYUSH in the Clinical Trial stry of India (CTRI). Presently , the Government has no proposal to amend or modify GCP guidelines for ASU medicines.

……………
Lok Sabha Question No. 3335 (UNSTARRED), answered on 2016-08-05
Subject: North East Industrial and Investment Policy
Ministry: FINANCE
Asked by: KAMAKHYA PRASAD TASA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 3335

TO BE ANSWERED ON AUGUST 05, 2016/SHRAVANA 14, 1938 (SAKA)

## NORTH EAST INDUSTRIAL AND INVESTMENT POLICY QUESTION

## 3335: SHRI KAMAKHYA PRASAD TASA

Will the Minister of FINANCE be pleased to state:

- (a) whether  the  North  East  Industrial  and  Investment  Promotion  Policy  (NEIIPP),  2007  is  in vogue for promotion of industries in North Eastern region and if so, the details thereof along with the funds allocated for the same for the last three years and the current year; and
- (b) whether his Ministry received a communication from the Ministry of Commerce regarding allocation of additional funds for meeting committed liabilities accrued under various schemes of NEIIPP and if so, the response thereto?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ARJUN RAM MEGHWAL)

- (a) To promote industrialization in the States of North Eastern Region leading to overall growth of the region, the Government announced a package of fiscal incentives, namely the North East Industrial and Investment Promotion Policy (NEIIPP), 2007, w.e.f. 01.04.2007 for a period of 10 years.  The sunset clause for the scheme is 31.03.2017.  Incentives/benefits available under the scheme  include  (i)  Central  Capital  Investment  Subsidy  @  30%  of  investment  in  Plant  and Machinery, (ii) Central Interest Subsidy @ 3% of working capital loan availed for a period of 10 years from the date of commencement of commercial production (DOCP), (iii) reimbursement of insurance premium paid towards insurance of fixed capital assets for a period of 10 years from DOCP, (iv) Excise Duty exemptions based on 'Value Addition' norms specified by Department of Revenue for a period of 10 years from DOCP and (v) 100% Income Tax exemption for a period of 10 years from DOCP.

Fresh registration  of  industrial  units  for  claiming  benefits  of  the  schemes  under  NEIIPP, 2007 has been suspended w.e.f. 01.12.2014, since committed liabilities under the Package are far greater  than  Annual  budget  allocation.  However,  the  scheme  has  neither  been  cancelled  nor withdrawn.  Allocation funds under NEIIPP, 2007 for the last three years and current year is as below:-

(Rs. in crore)

| Financial Year              |   2013-14 |   2014-15 |   2015-16 |   2016-17 |
|-----------------------------|-----------|-----------|-----------|-----------|
| Allocation for NEIIPP, 2007 |       150 |     221.9 |       200 |       170 |

- (b) The First Supplementary Budget for 2016-17 has been placed in the Parliament.
Lok Sabha Question No. 3334 (UNSTARRED), answered on 2016-08-05
Subject: Supply of Unani Medicines under CGHS
Ministry: HEALTH AND FAMILY WELFARE
Asked by: E. AHAMED

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED  QUESTION NO. 3334 TO BE ANSWERED ON 5 TH AUGUST, 2016

## SUPPLY OF UNANI MEDI CINES UNDER CGHS

## 3334. SHRI E. AHAMED:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Government is aware that regular tenders are not being invited by CGHS Unani system for supply of medicines;
- (b) if so, the details thereof and the reasons therefor; and
- (c) the steps taken/being taken by the Government to ensure regular supply/ availability of Unani medicines in the CGHS dispensaries?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI FAGGAN SINGH KULASTE)

- (a) &(b):  Last tender for supply of Unani medicines on rate contract was valid till 31 - 12- 2014. Now, the new tender document for supply of these medicines has been finalised after obta the necessary approvals.
- (c): Following steps have been taken to ensure regular supply/availability of Unani medicin
- I. Unani Medical Store Depot has been computerized and online indents are being receiv with effect from February, 2016.
- II. Steps have been initiated to start online sub mission of indents for local purchase.
- III. Unani Medicines, which are not available at the Wellness Centre in Delhi & NCR medicines  which  are  outside  the  formulary,  are  procured  through  Authorized  Loc Chemists.  Provision  has  been  made  to  impose  penalty  i n  case of  delay  in  supply  of indented medicines by Authorized Local Chemists (ALCs).
- IV. In other cities, no Authorized Local Chemists are appointed and in case the medicin not  available  at  the  Wellness  Centre,  Additional  Director  (AD)  of  the  concerned procures them locally.
- V. Beneficiaries  are  also  permitted  to  purchase  the  non - available  medicines  from  open market and claim reimbursement.
Lok Sabha Question No. 3333 (UNSTARRED), answered on 2016-08-05
Subject: Spread of Pathogenic Bacteria
Ministry: HEALTH AND FAMILY WELFARE
Asked by: MAUSAM NOOR

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE

## DEPARTMENT OF HEALTH RESEARCH

## LOK SABHA UNSTARRED  QUESTION NO. 3333 TO BE ANSWERED ON 5 TH AUGUST, 2016

## SPREAD OF PATHOGENIC BACTERIA

## 3333. SHRIMATI MAUSAM NOOR:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a)  whether  the  Government  is  aware about  the  spread  of  pathogenic  bacteria burkholderia pseudomallei, if so, the details thereof; and
- (b) the steps taken by the Government to contain the spread of the bacteria in thecountry?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SMT. ANUPRIYA PATEL)

- (a): As informed by Indian Council of Medical Research (ICMR), Burkholderia pseudomallei, is the causative agent of Melioidosis disease. Burkholderia pseudomallei is  rapidly  gaining  recognition  as  the  etiological  agent  of  community  acqu pneumonia  and  septicemia  in  the  Indian  subcontinent.  Increasing  number  of  cases  are  b reported from the south western coastal part of Karnataka. Kas turba Medical College, Manipal has diagnosed nearly 300 cases of Melioidosis in the last 10 years.
- (b): Under  the  ad - hoc  project  funding  scheme,  Indian  Council  of  Medical  Research  has funded a project focusing on determination of epidemiology of sis Melioido using microbiological, environmental and molecular approach.
Lok Sabha Question No. 3326 (UNSTARRED), answered on 2016-08-05
Subject: Money Laundering
Ministry: FINANCE
Asked by: PR. SENTHILNATHAN

## 3326. Shri PR. Senthil Nathan :

Will the Minister of FINANCE be pleased to state :

- (a) Whether the Financial Action Task Force has found the cases of money laundering, evasion of tax,  violation  of  External  Commercial  Borrowings  /  Foreign  Currency  Convertible  Bond guidelines, etc.;
- (b) if so, the details thereof, company-wise;
- (c) the action taken so far by the Government thereon;
- (d) whether the domestic agencies have started investigation along with the foreign agencies on the basis of the said report; and
- (e) if so, the details thereof?

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION NO. 3326

## TO BE ANSWERED ON FRIDAY, AUGUST 05, 2016

SHRAVANA 14, 1938 (SAKA)

## Money Laundering

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SANTOSH KUMAR GANGWAR)

- (a) The Financial Action Task Force (FATF) is an inter-governmental body with the objective to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing. It is a 'policy-making body' which works to generate the necessary political will to bring about national legislative and regulatory reforms in these  areas.  FATF  does  not  have  the  jurisdiction  to  investigate  cases  relating  to  money laundering, tax evasion, violation of guidelines relating to ECB/FCCB, etc.
- (b) to (e) Does not arise.

* * * * *
Lok Sabha Question No. 3324 (UNSTARRED), answered on 2016-08-05
Subject: Attrition Rate of Doctors from AIIMS
Ministry: HEALTH AND FAMILY WELFARE
Asked by: PRAHLAD SINGH PATEL, RAJESH VERMA

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED  QUESTION NO. 3324 TO BE ANSWERED ON 5 TH AUGUST, 2016

## ATTRITION RATE OF DO CTORS FROM AIIMS

## 3324. SHRI PRAHLAD SINGH PATEL: SHRI RAJESH VERMA:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the attrition rate of doctors rom All India Institute of Medical Sciences (AIIMS), New Delhi have increased in recent years, if so, the details thereof during the last three years along with the reasons therefor;
- (b)  whether  the  attrition  rate  of  doctors from  AIIMS  is  attributable  to  better opportunities  in private sector, lack of facilities in AIIMS including residential and o her required facilities; and
- (c)if so, the details thereof along with the steps taken by the Government to reduce the attrition rate of talented doctors so a  to provide quality treatment to the patients visiting AIIMS?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI FAGGAN SINGH KULASTE)

- (a)& (b) : Twenty faculty members have left the service of All India Institute of Med Sciences (AIIMS), New Delhi on personal grounds from July, 2013 to June, 2016. Attrition is 2.26%.
- (c) : Steps  taken  to better  service  conditions  of  faculty  members  include  grant  of  Non -Practicing  Allowance,  Research  Allowance,  Learning  Resource  Allowance  and  periodical promotions through Assessment Promotion Scheme etc.
Lok Sabha Question No. 3323 (UNSTARRED), answered on 2016-08-05
Subject: Changes in the Business Loan Norms
Ministry: FINANCE
Asked by: HARI MANJHI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO.†3323

TO BE ANSWERED ON THE 5 th August, 2016/ Shravana 14, 1938 (SAKA)

## Changes in the Business Loan Norms

## QUESTION

## †3323. SHRI HARI MANJHI:

Will the Minister of FINANCE be pleased to state: (a) whether the Reserve Bank of India (RBI) / Insurance Regulatory and Development Authority (IRDA) has any plan / proposal for effecting changes in the business loan norms; (b) if so, the details thereof; and whether such changes are beneficial to Micro, Small and Medium Enterprises

(c) (MSME) sector and if so, the details thereof?

## ANSWER

The Minister of State in the Ministry of Finance

## (SHRI SANTOSH KUMAR GANGWAR)

(a) to (c): Reserve Bank of India has informed that the management of loan sanctioning / recovery activity in a bank is essentially an internal management function and each bank's Board is authorized to frame suitable policies. Accordingly, the norms for sanctioning business loans will be decided by individual banks as per their Board approved policy. IRDAI does not have any plan/proposal for effecting changes in the business loan norms.

- ******