Lok Sabha Debates

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Lok Sabha Debates 1LQWK6HULHV9RO;,,,1R )ULGD\'HFHPEHU 3DXVD 6DND /2.6$%+$'(%$7(6 (QJOLVK9HUVLRQ Sixth Session Ninth/RN6DEKD 9RO;,,,FRQWDLQV1RWR /2.6$%+$6(&5(7$5,$7 1(:'(/+, 3ULFH5V CONTENTS [Ninth Series, Vol. XII/, Sixth Session 19aOl1912 (Saka)] No.2, Friday, December 28, 1990/Pausa 7,1912 (Saka) CoLUMNS Oral Answers to Questions: 1-28 ·Starred Question Nos. 21, 22, 24, 33 Introduction of Ministers 12 Written Answers to Questions : 29-388 Starred Question Nos. 23,25 to 32, 29-50 34 to 40 Unstarred Question Nos. 231 to 429, 50-388 431 to 453, 455 to 461 Papers Laid on the Table 389-404 Committee on Papers Laid on the Table 404-410 (i) Fourth Report-Presented 404 (ii) Minutes-Laid 404 Re. Strike by N.D.M.C. Workers 410-424 426-428 Re. Shortage of Diesel in the Country 424-425 Re. Import of Coconut Oil from Sri Lanka 425-426 Business of the House 428-437 * The Sign + marked above the name of a Member indicates that the question was actually asked on the floor of the House by that Member. (ii) CoLUMNS Elections to Committees 437-442 (i) Agricultural and Processed Food 437-438 Products Export Development Authority (ii) Tobacco Board 438-439 (iii) Committee on Estimates 439-440 (iv) Committee on Public Undertakings 440 (v) Committee on Public Accounts 440-441 (vi) Recommendation for nomination of a 441-442 Member from Rajya Sabha to Committee on Public Accounts Business Advisory Committee 442 Seventeenth Report-Adopted Motion Under Rule 388 443 Questions listed for 31 .12.1990 and 1.1.1991 to be taken up on 9.1.1991 and 10.1.1991 respectively. Demands for Supplementary Grants (Jammu & 443-444 Kashmir). 1990-91-Statement presented Calling Attention to Matter of Urgent Public 444-450 Importance Situation arising out of recent developments in Surinam Prof. Vijay Kumar Malhotra 444 445-449 Shri Vidyacharan Shukla 444-445 449-450 Cantonments (Amendment) Bill 450-471 Motion to consider Shri Lalit Vijoy Singh 451-452 469-471 (iii) CoLUMNS Shri Harish Ra'l4al 452--455 Shri Girdhari Lal Bhargava 455--456 Shri Hamendra Singh Banera 456-458 Shri Mandhata Singh 458--459 Shri Satyagopal Misra 459--460 Shri Tej Narayan Singh 460--461 Shri P.R. Kumaramangalam 461--463 Shri Dau Dayal Joshi 463-464 Shri R.N. Rakesh 464--466 Prof. Rasa Singh Rawat 466 Shn K. Manvendra Singh 466--467 Clause 2 and 1 471 Motion to pass Shri Lalit ViJoy Singh 471 Bills Introduced 471--477 524 (1 ) Railway Protection Force (Amendment) Bill 471--472 (Substitution of new long title for long title, etc.) by Shri Basudeb Acharia (2) Protection of Civil Rights (Amendment) Bill 472 (Amendment of Section 3, etc.) by Shri Kusuma Murthy (3) Railway Protection Force (AmE;\ndment) Bill 472--473 (Substitution of new long title for long tile etc.) by Shri P.R. Kumaramanglam (4) Agricultural Transplantatio~orkers, 473 Welfare Bill by Shri Kusuma .• rishna Murthy (iv) COLUMNS (5) One-FalJ1ily One-Post (In GR7vernment 473-474 Service) Bill by Shri K. RamamurthY (6) Import and Export Trade Bill 474 by Shri K. Ramamurthy (7) Public Offices (Fixation of Public Holidays 474-475 and Working Hours) Bill by Shri K. Ramamurthy (8) National Highways (Amendment) Bill 475 (Amendment of section 5) by Shri K. Ramamurthy (9) Medical Termination of Pregnancy 475-476 (Amendment) Bill (Amendment of sections 3 and 4) by Shrimati Jayawanti Navinchandra Mehta (10) High Court at Madras (Establishment of a 476 Permanent Bench at Madurai) Bill by Shri A.G.S. Ram Babu (11 ) Abolition of Begging Bill 476-477 by Shri Kusuma Krishna Murthy (12) Borrowing (Fixation of Limit) Bill 477 by Shri Chitta Basu (~3) Constitution (Scheduled Tribes) 524 (Uttar Pradesh) Order (Amendment) Bill (Amendment of the Schedule) by Shri Hansh Rawat Disabled Persons (Rehabilitation and WeHare) Bill 477-522 by Shri Uttam Rathod-Withdrawn Motion to consider Shri Uttam Rathod 478-481 518-522 Shri Gulab Chand Kataria 481-482 483-486 Shri Mandhata Singh 483 486-491 (v) COLUMNS Shri Ramashray Prasad Singh 491-492 Shri Sivaji Patnaik 493 Shri Jagpal Singh 493-496 Prof. Prem Kumar Dhumal 496-498 Shri Surya Narayan Yadav 498-501 Prof. Rasa Singh Rawat 501-502 Shri Gopi Nath Gajapathi 503-504 Shri M.S. Pal 504-505 Shri Ram Lal Rahi 505-507 Shri R.L.P. Verma 507-509 Shri Dau Dayal Joshi 509-511 Shri Tej Narayan Singh 511-512 Shri A. Charles 512-514 Shri Rajendra Agnihotri 514-515 Shri Ramji Lal Suman 515-521 Constitution (Amendment) Bill (Amendment of 522-524 Articles 341 and 342) by Shri Ram Lal Rahi Motion to consider Shri Ram LaJ Rahi 522-524 LOK SABHA DEBATES LOKSABHA STATEMENT (a) and (b). The foreign exchange re- serves position excluding Gold and SDR is Friday, December 28, 1990/Pausa 7, as follows:- 1912, (Saka) (Rs. crores) 1.1.88 7145.19 The Lok Sabha met at 1.1.89 6218.14 Eleven of the Clock 1.1.90 5277.30 [MR. SPEAKER in the Chaitj 1990 month-end position ORAL ANSWERS TO QUESTIONS January 4871.01 [English] February 5559.97 Foreign Exchange Reserves March 5787.17 *21. SHRI LOKANATH CHOUDHURY: Will the Minister of FINANCE be pleased to April 5092.87 state: May 5403.55 (a) whether it is a fact that the foreign exchange reserve has been showing a di- June 5356.17 minishing trend for the last few years; July 5050.12 (b) if so, the details oft he yearly variation since the year 1988 and the month-wise August 5479.82 details for the year' 990 till date; September 4511.64 (c) the reasons therefor; and October 3820.45 (d) the remedial steps being taken to improve the foreign exchange reserve po- (c) Despite a strong growth in exports, sition? there was a decline in the foreign exchange reserves during 'inancia\ year "\ 9B9-90 due THE MINISTER OF FINANCE (SHAI to interalia. the rise in the import Bill and YASHWANT SINHA): (a) to (d). A statement large repayments to the IMF under the Ex- is laid on the table of the House. tended Fund Facility (EFF). 3 Oral Answets DECEMBER 28. 1990 Oral Answets 4 The reserves declined further during it started declining. As far as exports are 1990-91 due to a number of factors which concerned, in 1989-90, it was Rs. 14,417 include increase in import prices of P.O.L. crores during April-October as against the consequent upon the GuH crisis and a lull in figure of Rs. 19,149 crores in the current the external commercial borrowings. year, which records a growth of 33 per cent in the current year. During the same period (d) With regard to the decline in foreign in 1989-90 imports were Rs. 17,010 crores exchange reserves the Government has and in 1990-91 it went upto Rs. 22868 crores initiateq a number of measures to promote which represent a growth of 34 per cent in exports and curtail non-essential imports. rupee terms. So, exports actually went up by Attempts are also being made to augment 33 per cent and imports went up by 34 per foreign exchange earnings through capital cent. As a result ofthat, trade deficit increased inflows including accelerated disbursement from Rs. 2593 to Rs. 3719, which means a of external assistance. growth of about 33 per cent. So, the trade deficit has gone up in the current year also. SHRllOKANATH CHOUDHURY: Sir, As far as depleting reserves are concerned, the chart given shows that in 1989-90, there the hon. Member has asked a question, what was a decline due to two factors. I want to are the steps that we are taking. We are know whether our export was so planned taking a series of steps which also includes taking all these factors for which it has come an increased target for exports in t!1e r~_ down to such a low. What are the factors that maining period of the current year and :ili:: contributed to this in 1989-90 and whether it special emphaSis is being given on the EI>" was beyond our plan? The Government has ports of all the commodities and products planned to improv'il this all time low foreign which represent the growth areas in our exchange position by more exports. I want to exports. know, to promote exports, what are the ar- eas where the Government wants to promote SHRI LOKANATH CHOUDHURY: They it and to what extent in terms of rupee? They have also said in the reply that they are going have also said that to solve these problems, to curb the unwarranted imports. I want to they are going to outflow the foreign capital. know which are the areas where they wan! to I want to know to what extent the foreign curb it? My point is, in order to improve the capital is expected and being planned and export position, Governmentfeels necessary being negotiated? to extend the REP licence period from 18 months to 24 months. I would like to know SHRIYASHWANTSINHA:Actually, the whether the Government is considering to hon. Member has put three, four remove the balancing condition that has supplementaries in one. As far as detailed been laid down for export to USSR so that it question in regard to exports are concerned, will increase the foreign exchange position. I suppose, my colleague Shri Subramaniam Swamy is more competent to answer that. SHRI YASHWANT SINHA: As far as the imports are concerned the hon. Member is SHRI ZUlFIQUAR All KHAN: We do aware that after this crisis hit us a number of not think so.
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