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Finance Department - Government of Gujarat Guarante - Finance Department
 
 
Guarantees>Outstanding Guarantees over the years

Outstanding Guarantees over the years


Year

Outstanding guarantee
 (Rs. In Crores)

% Change

1992-93

5930.81

19.66

1993-94

6113.18

3.07

1994-95

7084.26

15.89

1995-96

6994.10

-1.27

1996-97

7530.49

7.67

1997-98

9067.24

20.41

1998-99

11198.42

23.50

1999-00

13449.54

20.10

2000-01

17297.52

28.61

2001-02

18723.40

8.24

2002-03

19000.99

1.48

2003-04

17624.54

-7.83

2004-05

15683.27

-12.38

2005-06

14079.30

-10.23

2006-07

12700.66

-9.79

2007-08

11560.68

-8.98

2008-09

10339.89

-10.56

2009-10

9979.76

-3.48

  Net Guarantees issued by the State Government during last 10 years

 

Rs. In Crore

Year

Guarantee Given During The Year

Vacation of Guarantee

Net issuance of Guarantee

1999-2000

3831.90

1580.78

2251.12

2000-2001

5859.97

2012.00

3847.97

2001-2002

3386.22

1960.34

1425.88

2002-2003

3407.91

3130.31

277.60

2003-2004

2404.58

3781.00

-1376.42

2004-2005

1383.87

3325.21

-1941.34

2005-2006

1238.43

2842.35

-1603.92

2006-2007

747.00

2128.50

-1381.50

2007-2008

229.50

1369.47

-1139.97

2008-2009

34.88

1316.31

-1281.43

2009-2010

34.28

394.42

-360.14

In the year 2009-10, total guarantee of Rs. 34.28 Crore has been given whereas, Guarantees amounting Rs.394.42 Crore have been vacated during the year. Thus more guarantees have been vacated, than issuance of fresh guarantee due to adherence to the guarantee guidelines and vigorous pursuit for vacation of unused guarantee, partial vacation to the extent of payment of loans etc. This has resulted in reduction of over all outstanding guarantees as compared to previous year.