Recovery stood at Rs. 8,680 crore in FY 2016-17 and Rs. 7,106 crore in FY 2017-18 (upto 31.12.2017). India received Rs 36,400 crore from the successful resolution of Bhushan steel while the remaining 11 cases (of the total 12) will be able to easily retrieve about Rs 1 lakh crore. Approximating the figures, the amount stands somewhere around Rs 1.5 lakh crore (if recovered)and not Rs 4 lakh crore as claimed the PM.
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