Need support of all to bring economy back on track: Raj CM

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Press Trust of India Jaipur
Last Updated : Mar 13 2015 | 8:13 PM IST
Blaming the previous Congress government in Rajasthan of derailing the state's economy, Chief Minister Vasundhara Raje today said it was a big challenge for the government to bring it back on track and said it would not be possible without the support of all.
She said that two major decisions - to set up an oil refinery in Barmer and Metro Rail project in Jaipur - were examples of how the previous Ashok Gehlot government worked with short-sightedness and for political gain to derail the economy.
Raje said the government will not go ahead with the refinery project unless the conditions of the project were in the favour of the state.
She said the process of renegotiation with the HPCL was on and the last meeting took place in February 20 this year.
"The previous government committed to give interest free annual loan of Rs 3,736 crore per annum for a period of 15 years. Despite this huge investment and infrastructure facilities, the state's equity decided was just 26 per cent. So it was necessary for our government to review the project.
"The process is on and we will not go ahead on the project unless the conditions of the project in the favour of the state," she said.
Raje, during her first budget last year, had announced to renegotiate the refinery project.
Continuing her attack on the previous government over its decisions, Raje said that the former government misled people for political gain.
"An impression was created by the previous government that lakhs of people will get job opportunities due to the refinery project but the reality is that refineries today are highly automated and just a few hundred, maximum 700-800 can be employed in the refinery directly.
"Indirectly, not more than its ten per cent people can employed," she explained.
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First Published: Mar 13 2015 | 8:13 PM IST

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