SUGAR DEVELOPMENT FUND
During the period from April 1995 to March 31,
2001, the amount of loans sanctioned from the Sugar Development
Fund (SDF) for cane development and modernisation was Rs. 831.68
crores out of which the amount disbursed was Rs. 745.34 crores.
The amount of sanctioned loans from the SDF to
the sugar factories since 1985-86, the year in which the loans
were first sanctioned, till 2000-2001, was Rs. 1505.88 crores
for both modernisation and cane development. When compared with
the total amount of loan sanctioned from the SDF since 1985-86
to 2000-01 at an average of Rs. 94.12 crores per year, the amount
of loan sanctioned during the above mentioned period averaged
at Rs. 138.61 crores per year.
The amount of loan disbursed from the SDF to
the sugar factories (for both modernisation & cane development)
since 1985-86 to 2000-01 was Rs. 1428.93 crores, at an average
of Rs. 89.31 crores per year. Compared to this, the amount of
loan disbursed from April 1995 to March 31, 2001 averaged at Rs.
124.22 crores per year.
This information was given in Rajya Sabha today
by Shri V. Sreenivasa Prasad, Minister of State for Consumer Affairs
Food and Public Distribution, in reply to a question of Shri Almaduddin
Ahmed Khan (Durry) and Dr. Akhilesh Das.
