Trinamool accuses Centre of indulging in political vendetta

Asks the UPA govt to put a moratorium on interest payment on loans

Press Trust of India New Delhi
Last Updated : Aug 27 2013 | 4:53 PM IST
Trinamool Congress today hit out at Centre accusing it of "political vendetta" and meting out "step motherly treatment" to West Bengal over its demand for a three-year moratorium on interest payment on loans to the debt-ridden state.

Raising the issue during Zero Hour in the Rajya Sabha, Sukhendu Sekhar Roy (TMC) said the state is "reeling under severe financial crisis" as his party's government inherited the debt burden of over Rs 2,00,000 crore from the previous Left Front government.

"While we have no objection if other states are given benefits....The demand of West Bengal government to put a moratorium on interest of the Rs 2 lakh crore loan should also be met...Debt waiver for West Bengal should be worked out...We have inherited the debt burden from the previous government" that ruled the state for over three decades, Roy said.

Trinamool Congress was an ally of UPA-II government but had walked out of the alliance on the issue of FDI in retail last year. Roy said his party-led government in the state is being penalised for that.

"There has been political vendetta since we have withdrawn support from the UPA government," he said, adding that despite assurance by Finance Minister P Chidambaram "till date nothing has been done by the central government...There is step motherly treatment".

He recalled that the Finance Commission had also earlier categorised West Bengal as a debt state.

Roy demanded that the Centre should consider the state's demand in the right earnest.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 27 2013 | 4:40 PM IST

Next Story