GOVERNMENT OF INDIA
Ministry of Finance
DEPARTMENT OF FINANCIAL SERVICES

RAJYASABHA
UNSTARRED QUESTION NO.1248
TO BE ANSWERED ON 1 ST DECEMBER, 2009/ 10 AGRAHAYANA, 1931 (SAKA)
Waiver of Crop Loan in Karnataka

1248. SHRI RAJEEV CHANDRASEKHAR:

Will the Minister of FINANCE be pleased to state:
(a)     whether the State Government of Karnataka has requested the Centre for the reimbursement of Rs. 1880/- crore on account of the waiver of the crop loans up to Rs. 25,000/• in 2007 by the State Government vide its letter C029CLS 2008 dated 26/9/08 addressed to the Prime Minister;
(b)     if so, the action taken by the Centre thereon; and
(c)     if not, by when action is likely to be taken?

ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI NAMO NARAIN MEENA)

(a) to (c): Yes, Sir. The Government of Karnataka had requested for reimbursement of an amount of Rs.1880 crore waived by it under the Karnataka State Government Debt Waiver Scheme of 2007. The matter was examined and it was found that the reimbursement requested by the Govt. of Karnataka did not fall within the scope of Agricultural Debt Waiver and Debt Relief Scheme 2008 (ADWDRS) of Government of lndia.