Lok Sabha Question No. 2167 (UNSTARRED), answered on 2016-07-29
Subject: Investment Proposal
Ministry: FINANCE
Asked by: RAJU ALIAS DEVAPPA ANNA SHETTI

## MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

LOK SABHA

INVESTMENT PROPOSALS"

UNSTARRED QUESTION NO. 2167 TO BE ANSWERED ON JULY 29,2016

## QUESTION

## SHRI RAJU SHETTY:

## Will the minister of FINANCE be pleased to state:

- (a) The details of proposals of large investment cleared by the Government during the last three years and the current year;
- (b) The details of large investment proposals which are still pending with various Ministries and the reasons for their pendency;
- (c The total investment, both domestic and foreign; infrastructure projects in the last three years
- (d) Whether there has been a decline in the investments the said period, if so, the details thereof and the reasons therefore during
- (e) The taken by the Government to boost investments in infrastructure sector? steps

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (Shri Arjun Ram Meghwal)

- (a) Year wise break up for  proposals of  large  investments cleared by the government during the last three years and the current is annexed. year
- (b) No proposal for  large investment are pending with the Government.
- (c) & (d) The total investment both domestic and in the infrastructure project is as under: foreign
- (e) Government has taken various to boost investments in infrastructure  sector, which includes launching of innovative financial vehicles such as Infrastructure Debt Funds (IDFs), Real Estate Investment Trusts (REITs) , Infrastructure Investment Trust (InVITs) , National  Infrastructure Investment Fund   (NIIF) laying down a framework for  municipal bonds, issuance of Tax Free Bonds, allowing complete pass through of income tax to securitization trusts   including trusts of Asset Reconstruction Companies (ARCs) , bringing in 5/25 Scheme to extend long tenor loans to infrastructure projects, take-out finance, flexible structuring and refinancing of project loans, higher credit exposure limits  for single and group borrowers, and single NBFCINBFC Asset Financing Company and Infrastructure Financing Company in case excess exposure is to infrastructure sectors, amendment in investment norms of insurance companies, Employees' Provident Funds, etc\_ steps

| Year                      | Amount (Rs:in crore)   | Amount (Rs:in crore)   |
|---------------------------|------------------------|------------------------|
|                           | FDI                    | Domestic               |
| 2013-14                   | 7,508                  | 9,24,307               |
| 2014-15                   | 4,652                  | 10,28,235              |
| 2015-16                   | 727                    | 12,38,517              |
| 2016-17 (till 31/05/2016) | 131                    | 12,69,688              |

## STATEMENT REFERRED IN UNSTARRED QUESTIONNO.2162

## Proposals for investment approved bY Government Jarge

## 2013

|    | Name of the Proposal            | FDI (in Rs: Crore)   |
|----|---------------------------------|----------------------|
| 1  |                                 | 10,500               |
| 2  | Ms Yes Bank Limited, Mumbai     | 2,650                |
| 3_ | Ms Jet Airways India Ltd.       | 2,058                |
| 4  | Ws IDFC Trustee Company Ltd;    | 5,500                |
| 5  | Ms Mylan Inc: USA               | 5,168                |
| 6  | Ws Axis Bank Limited, Ahmedabad | 6,266                |
| 7. | The Federal Bank Ltd , Kerala   | 1,400                |
| 8  | Ws CGP India Investments Ltd,   | 10,141               |

## 2014

| Sl.No   | Name of the Proposal                             | FDI (in Rs. Crore)   |
|---------|--------------------------------------------------|----------------------|
| 1       | Ms GlaxoSmithklinePte. Ltd.                      | 6,390                |
| 2       | Ms Prizm Payments Services Pvt. Ltd              | 1,540                |
| 3       | Ws KKR Floorline Investments PTE: Ltd, Singapore | 1,434                |
| 4       | Ws India Alternative Energy Trust,Mumbai         | 1,555                |
| 5       | Ms Medreich Limited                              | 1,800                |
| 6       | Ms HDFC Bank Ltd                                 |                      |
| 7 .     | Ws Lupin Limited                                 | 6,099                |
| 8_      | Ws HDFC bank Limited                             | 10,000               |

## 2015

|   SI. No. | Name of the Proposal                        |   FDI (in Rs. Crores) |
|-----------|---------------------------------------------|-----------------------|
|         1 | Ws Aurobindo Pharma Limited, Hyderabad      |                  2165 |
|         2 | Ms Glenmark Pharmaceuticals Limited, Mumbai |                  2022 |
|         3 | Ms Torrent Pharmaceuticals Limited          |                  3000 |
|         4 | Ms Mylan Laboratories Limited               |                  4960 |

## 2016

|   SI: No. | Name of the Proposal   |   FDI (in Rs  Crores) |
|-----------|------------------------|-----------------------|
|         1 | Yes Bank               |                  6885 |
|         2 | Axis Bank              |                 12973 |

## Annexure