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Consolidated Information on Central Plan Schemes

Indian Strategic Petroleum Reserves Ltd. has informed Under Secretary to the Government of India regarding the Consolidated Information on Central Plan Schemes & Centrally sponsored mentioned below :

Name of the Ministry / Department: Ministry of Petroleum & Natural Gas

Name of Scheme : Crude Filling in strategic storages reserves

1.Year of commencement and whether the scheme is still in operation

12th Five Year Plan (2012-13) ; Yes

2. Whether CPS or CSS

CPS

3. Executed by the Central/State Govt

Central

4. If closed or transferred to state, the relevant year

NA

5. Nature of activity and/Target groups

Setting up and maintaining strategic crude oil storage as an emergency response measure to short terms supply distribution.

6. Break up expenditure under the scheme

2012 -13-NIL*
2013 -14 - NIL*
2014 -15 - Anticipated (INR 11,300 crores)
2015 - 16 - Anticipated (INR 8500 crores)                 
2016 -17- Anticipated (INR 6600 crores)                   

*There is no expenditure upto 2013-14 as the scheme is yet to be approved by the Government.

7. Pattern of funding (Central & State), if funding pattern is sharing between Central and State, please state the sharing percentage.

The scheme is to be funded fully by the Central Government

 

8. Grant-loan ratio

It will be in the shape of grant

9. Physical Targets (T) and Achievements (A), if any year wise from 2007-08 to 2013-14

NA

10. State wise and year wise release of funds from 2007-08 to 2014-14.

NA

11. Financial returns expected and achievements thereof from 2007-08 to 2013-14

NA, As the activity is for strategic purposes

12. Comments on zero based budgeting

No Comments

Source-On Request