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STATEMENT NO - 13
GUARANTEES GIVEN BY THE GOVERNMENT FOR REPAYMENT OF LOANS,
ETC., RAISED BY STATUTORY CORPORATIONS, LOCAL BODIES AND OTHER INSTITUTIONS (as
on 31st March, 2001)
Guarantees have been given by the State Government for due discharge of
certain liabilities like loans raised by Statutory Corporations, Co-operative
Institutions, Local Bodies, etc. These guarantees constitute contingent
liabilities on the State revenues.
The maximum amount guaranteed up to 31st March 2001 was
Rs.157,21.84 lakh against which the amount outstanding on that date was
Rs.75,73,39 lakh as principal and Rs.7,91.25 lakh as interest. Particulars of
guarantees given by the Government and Outstanding on the 31st
March 2001 are shown below:
(Rs. in Lakhs)
|
Sl.
No
|
Body on whose behalf guarantee has been given and
brief nature of guarantee
|
Maximum amount guaranteed
|
Sum guaranteed outstanding on 31st March
2001
|
|
Principal
|
Interest
|
|
I.
|
Statutory Corporation
|
|
1.
|
Tripura Road Transport Corporation, Agartala
Guarantee for purchase of Buses and Trucks
|
2,90.88
|
13.74
(Including interest)
|
NIL
|
| |
TOTAL :
|
2,90.88
|
13.74
|
|
|
II.
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Government Companies -
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| |
- Tripura Jute Mills Ltd., Agartala Guarantee for availing term loan
from Banks Rs.2,77.71 lakh and from other Financial Institutions
Rs.4,63.80 lakh.
|
10,39.78
|
1,67.72
|
84.93
|
| |
-
Tripura Forest Development and Plantation Corporation
Limited for repayment of loans and payment of interest for Development
of Rubber Plantation.
|
2,64,70
|
24.55
|
5,35.26
|
| |
- Tripura Small Industries Corporation Limited for obtaining Bank
loan for procurement of raw materials.
|
1,34,40
|
55.00
|
59.40
|
| |
-
Tripura Rehabilitation and Plantation Corporation
Ltd. for availing NABARD refinance for Rubber Plantation.
|
1,40.00
|
18.23
|
0.92
|
|
|
-
Tripura Horticulture Corporation Limited.
|
79.22
|
-
|
-
|
| |
-
Tripura Tea Development Corporation Limited for cash
credit facility.
|
45.00
|
|
|
| |
TOTAL :
|
17,03.10
|
2,65.50
|
6,80.51
|
|
Sl. No.
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Body on whose behalf guarantee has been given and
brief nature of guarantee
|
Maximum amount guaranteed
|
Sum guaranteed outstanding on 31st March
2001
|
|
Principal
|
Interest
|
|
III.
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Co-operative Institutions and Banks
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|
i)
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Tripura State Co-operative Bank Limited Guarantee for
:-
|
|
|
|
| |
- Getting refinance for NABARD in respect ST(SAO) Loan.
|
2,50.00
|
2,00.00
|
NIL
|
| |
-
Availing loan from world Bank Aided Rubber Project
from NABARD.
|
6,00.00
|
10,16.29
|
NIL
|
|
ii)
|
Tripura Co-operative Land Development Bank Limited
Guarantee for repayment of Principal and payment of interest on
debenture floated by the Bank.
|
10,00.00
|
11,35.69
|
22.48
|
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iii)
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Tachai Tea Estate Co-operative Society.
|
3.75
(Plus interest)
|
-
|
-
|
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iv)
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Tripura Co-operative Agricultural and Rural
Development Bank Ltd. for Block Guarantee accorded for availing NABARD
loans for floatation of SDD.
|
6.00.00
|
12,30.95
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NIL
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|
v)
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Tripura Scheduled Castes Co-operative Development
Corporation Limited for raising loan from National SC/ST Corporation.
|
1,42.75
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7,49.87
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NIL
|
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vi)
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OBC Corporation through agency of Tripura SC
Development Corporation for borrowing loan from NBCFDC.
|
5,00.00
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3,12.00
|
20.55
|
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vii)
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Fishermen Co-operative Societies (11 Nos.) Guarantee
for availing loan from NCDC for development of Fishermen.
|
24.67
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2.27
|
2.76
|
|
viii)
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Tripura Minorities Co-operative Development
Corporation for borrowing loan from NMFDC.
|
2,70.00
|
91.18
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NIL
|
|
ix)
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Tripura Apex Marketing Co-operative Society Ltd.
|
2,24.15
|
2,24.15
|
-
|
|
x)
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Tripura Scheduled Tribe Development Corporation for
raising loan from National SC/ST Corporation.
|
1,42.75
|
7,66,76
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NIL
|
| |
TOTAL :
|
37,58.07
|
57,29.16
|
45.79
|
|
Sl. No.
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Body on whose behalf guarantee has been given and
brief nature of guarantee
|
Maximum amount guaranteed
|
Sum guaranteed outstanding on 31st March
2001
|
|
Principal
|
Interest
|
|
IV.
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Municipality and Notified Area -
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i)
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Agartala Municipal Council :
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|
|
|
| |
- Guarantee provided to obtain loan from L.I.C.for augmentation of
Agartala Water supply Scheme.
|
84.50
|
|
|
| |
-
Guarantee given for raising loan for giving HBA to
Municipal Employees.
|
87.15
|
|
|
| |
-
Guarantee provided to obtain loan from HUDCO for
implementation SHASU scheme for housing under NRY.
|
9.33
|
|
|
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ii)
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Notified Area Authorities :
|
|
|
|
| |
- Loan raised from LIC on Govt. Guarantee for construction of
Market, Water Supply Scheme and housing and shelter upgradation.
|
92.00
|
39.28
|
23.34
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| |
-
Guarantee accorded for raising loan from HUDCO for
embodiment of 2 million housing programme in 11 Nos. of Nagar Panchayat
Areas.
|
12,89.97
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NIL
|
NIL
|
| |
TOTAL :
|
15,62.95
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39.28
|
23.34
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V.
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Other Institutions -
|
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i)
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Tripura Housing Board for borrowing HUDCO loan in
order to implement the scheme for EWS/LIG/ MIG&HIG Categories of
people.
|
5,00.00
|
NIL
|
NIL
|
|
ii)
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Tripura Khadi and Village Industries Board for
implementation of Khadi and Village Industries Scheme.
|
3,46.31
|
3,04.70
|
41.61
|
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iii)
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Public Works Department :
|
|
|
|
| |
- For raising loan from NABARD for RIDF-IV Project.
|
21,69,71
|
9,32,83
|
NIL
|
| |
-
For raising loan from NABARD for
RIDF-V Project.
|
45,01,17
|
1,98,.18
|
NIL
|
|
iv)
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Agriculture Department :
|
|
|
|
| |
(a)For raising loan from NABARD under
RIDF-VI
Project.
|
8,89,65
|
90.00
|
NIL
|
|
|
TOTAL :
|
84,06.84
|
15,25.71
|
41.61
|
|
|
GRAND TOTAL :
|
157,21.84
|
75,73.39
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7,91.25
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(Source: Compilation by AG, Tripura)
The State Government has taken an initiative to negotiate and
settle outstanding default cases guaranteed by the Government. Accordingly, the
cases of TSIC, TJML and TRTC have been fully settled , while in the case of
TFDPC, one loan has been settled and the other is awaiting final communication
from the Bank/ Financial Institution.
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M1inutes of Budget for the year 2002-03, Government of Tripura :