LOK SABHA
Funds to the tune
of Rs.23.832 crore have been raised from the market by the Indian
Railway Finance Corporation Limited (IRFC) on behalf of the Railways
till end of November this year for part financing the Railway
Plan and an amount of Rs.10,387 crore has been repaid by IRFC
till the same period.
Amounts of Rs.1,429
crore, Rs.1,621 crore and Rs.1551 crore were paid towards interest
by IRFC on behalf of Railways during the last three years, namely
1999-2000, 2000-01 and 2001-02 respectively. Such funds are used
only for development purpose such as procurement of higher capacity
better design rolling stock.
This information
was given by Shri Bandaru Dattatraya Minister of State for Railways
in a written reply to a question by S/shri Ramsheth Thakur and
A.Venkatesh Naik in the Lok Sabha today.
