Rs 47.71 cr worth FDs generating Rs 4.30 cr interest every year: Himachal CM Sukhu in House

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday informed the House that several government departments in the state have Rs 47.71 crore worth Fixed Deposits (FDs) in different banks on which the departments have been getting Rs 4.30 crore interest every year.

He was responding to a question by Congress MLA Kewal Singh Pathania. Sahapur MLA Pathania had sought information on the number of Fixed Deposit Receipts (FDRs) and the interest earned through those. According to the information tabled in the House, Sukhu informed that at least 17 departments, including Language & Culture, Agriculture, Public Work Department (PWD), Tourism and Civil Aviation, Town & Country Planning Department, Planning Department, Ayush Department and others, have FDs.

The House was told that these FDRs were deposited in various government and private banks. These banks include Himachal Pradesh Co-Operative Bank, IndusInd Bank, The Shimla Urban Co-Operative Bank, Union Bank, PNB, SBI, HDFC etc.