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This is an archive article published on April 21, 2012
Now,Mamata sets 15-day deadline for moratorium on interest payment
TMC govt has inherited a debt burden of over Rs 200k crore on loans taken by Left Front regime.
Written by Express News Service
Kolkata | April 21, 2012 09:57 PM IST
2 min read
2 min read
WEST Bengal Chief Minister Mamata Banerjee today issued a 15-day ultimatum to the UPA government to accept her demand for a three-year moratorium on the payment of interests on the huge financial debt taken during the Left regime.
Stating that she had inherited a debt burden of loans adding up to over Rs 2,00,000 crore from the Left Front government,Banerjee said: How can I carry out development work,pay salaries and allow people of Bengal to live if the income is Rs 21,000 crore and interest payout is Rs 22,000 crore.
Addressing a convention of block development officers,she said: The Centre has to accept our demand…we cannot pay the interest… this is simply unacceptable. I have been pleading for the past one year and have waited for a year. But it is high time now,and they have to accept the demand.
Stating she would not tolerate it if the Centre obstructed the path of development in the state,she said: I will wait for 15 days more to hear the Centres decision…. otherwise I will make it a big issue.
Mamata govt to launch own daily,channel
Chief Minister Mamata Banerjee announced on Saturday that her government would have its own newspaper,Dainik Paschimbanga,and a television channel,Paschimbanga,to properly highlight its work.
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