(c) Net funds required for completion of balance PMGSY projects including
two years of projection of PMGSY-II –
- Funds required for completion of works already sanctioned - Rs. 34,218
crore
- Funds required for balance sanctions –Rs 1,85,438 crore
- Total funds needed - Rs. 2,19,656
- Funds available in year 2011-12 –Rs 20,000 crore
- Net fund required during 12
th
FYP (at 2010-11 prices)-Rs.1,99,656 crore
Say - Rs. 2,00,000 crore
(d) Current source of funds: The following are the current sources of funds:
(i) Cess on High Speed Diesel (Rs. 0.75 / litre)
(ii) Budgetary Support
(iii) ADB funding
(iv) World Bank funding
(v) NABARD Loan
With present sources of funds, the project is not likely to be completed in time,
therefore, a additional financial support would become necessary.
2.4 Availability of funds in last 11 years.: Under PMGSY, the position of
availability of funds and release is as given below Table-2.2:
Table-2.2 (Figures in Rs. in crore)
S.
No.
Year (s) Allocatio
n
(CESS)
Allocati
on
(WB/
ADB)
Release
for
Progra
mme
Relea
se for
Admn
. Exp.
Release
under
ADB
assistance
Release
under
WB
assistance
Release
out of
NABAR
D Loan
Total
Releas
e
1 2000-01
2,375 - 2,435 0 2,435
2 2001-02
2,375 2,493 7 2,500
3 2002-03
2,340 2,497 3 2,500
4 2003-04
2,220 2,299 26 2,325
5 2004-05
2,220 2,111 37 93 220 2,461
6 2005-06
4,235 3,770 40 193 218 4,220
7 2006-07
3,726 3,770 40 193 218 4,220
8 2007-08
3,900 2,600 3,834 66 1,950 650 4,500 11,000
9 2008-09
4,530 5,380 151 2,000 250 7,500 15,280
10 2009-10
4,183 10,390 140 800 10 6,500 17,840
11 2010-11
4,434 - 21,325 185 800 90 - 22,400
Total
36,538 2,600 60,303 693 6,028 1,656 18,500 87,181