Lok Sabha Question No. 2519 (UNSTARRED), answered on 2016-03-11
Subject: Loan from Asian Development Bank
Ministry: FINANCE
Asked by: C. MAHENDRAN

## Govemment  of India Ministry  of Finance Department  Economic Affairs

## UNSTARRED  gUES'|ION NO. es re TO BE ANSWERED  ON FRIDAY  -fl{E, t lTH MARCH ea$/Chattrasaka  le.9? ASIAN  DEVELOPMENT  BANK LOAN

## LOK SABI]A QUESTTON

2s19. Shri C. MAHENDRAN

Will the Minister  of Finance  be pleased  to state:

- (a) Whether  the Govemment has signed a loan agrcement  with Asian Development  Bank  (ADB) to improve urban services in two North\_Eastern cities;
- (b) Ifso, the details thereof:
- (c) Whether  such  projects  are planned/proposed  in southem  States;
- (e) Whether  the Govemment has any commitments before  the ADB for availing ofsuch loans; and
- (d) If so, the details  thereof, State-wise  including .Iamil Nadu;
- (f) lf so, the details thereofl.)

## ANSWER

## MINISTER  OF STATE IN THE MINISTRY OF FINANCE

(Shri Jayant Sinha)

- \ (a| A (b) Yes, Sk. Th{ Government  of tndia has signed loan atreements  with Asian Developm€nt  Bank (ADBIto  improve urban  services  in t{orth-Eastern cities.  The details are as follows:

Loan No- 2528- North Eastern Retion  Capital  Cities Development  lnvestment  programTranche-1 for US S25.537  Million for Aganala, Aizawl,  Gangatok,  Kohima and Shilong.

Loan\_No-  2834- North Eastern  Region Capital  Cities Development  tnvestment  program\_ Tranche-2 for US  S60  Million for Agartala, Aizawl,  Gangatok, Kohima  and Shilong.

Loan No.3337:  North  Eastern Region  Capital  Cities Development  lnvestment  program -Tranche 3 for  USSSO  million for Agartala and Aizawl.

- (c  )  &(d)  Yes. There  are some project  proposals  received  from southern  States of tndia for improvement  in Urban Services and  posed  to ADB. The details, State-wise including Tamit Nadu  are as follows:

| sl. No.   | Modality   | Profect Name                                                                   | lndicative Amount ($ million)   | lndicative Amount ($ million)   | State            | Expected of Approval   | Year   |
|-----------|------------|--------------------------------------------------------------------------------|---------------------------------|---------------------------------|------------------|------------------------|--------|
| sl. No.   | Modality   | Profect Name                                                                   | Regular + MFF full faciliw      | Regular + PFR                   | State            | Expected of Approval   | Year   |
| 1         | MFF        | Visakhapatnam- Chennai lndustrial Corridor Development Program +               | 500 0                           | 250.0                           | Andhra P ra desh | 20 16                  |        |
| 2         | Regular    | Visakhapatnam- Chennai lndustrial Corridor Development Program (Program Loan)' | 125.0                           | 125.0                           | Andhra Pradesh   | 2015                   |        |
| 3         | PFR        | Karnataka lntegrated Urban Water Management lnvestment Program (tranche 2l     |                                 | 75.0                            | Ka rnataka       | 2016                   |        |
| 4         | PFR        | I nfrastructure Development lnvestment Program for Tourism (tranche 4)         |                                 | 39.2                            | Tamil Nadu       | 2016                   |        |
| 5         | MFF        | Bangalore Cluster City Development lnvestment Program                          | 300.0                           | 100.0                           | Karnata ka       | 2017                   |        |