Trinamool Congress chief Mamata Banerjee may hope to reap rich electoral dividends by pulling her party out of the UPA, but stands to miss proactive help from the Centre at a time when her state desperately needs central funds for key projects. Uncertainty looms over Bengal’s finances with its revenue pegged at Rs. 76,943 crore and expenditure at Rs. 83,801 crore for the current financial year. Its outstanding debt is set to soar to nearly Rs. 2.26 lakh crore.
Railway projects worth Rs. 70,000 crore may face an uncertain future if CP Joshi, the new railway minister, sets his priorities elsewhere.
Read More... (Courtesy Hindustan Times)
Didi's rhetoric will hurt West Bengal the most
All of India had hailed Mamata's historic victory because she came with the promise of a new dawn, but her opposition to reforms, to the idea of growth that we desperately need to rid ourselves of the dead weight of poverty, makes her no different than the political order she replaced.
The Left, in fact, had warmed up to business and India Inc has started seeing West Bengal with favourable eyes.
Read More... (Courtesy Daily Mail)
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Alliance Turns Opposition In West Bengal
Minorities In West Bengal To Get 500-Bed Hospital, Medical College Too
West Bengal To Get Funds From Centre For Sarva Siksha
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