Politics

With funds worth Rs 22,000 crore already in the kitty, Why Mamata asked for more relief?

March 9, 2015

Earlier in the day, when Bengal Chief Minister Mamata Banerjee met Prime Minister Narendra Modi there was a speculation that whether the meeting was to talk about the CBI pilling pressure on Trinamool Congress or was it really about the word on debt relief.

Well, Prime Minister Narendra Modi’s reply to Mamata Banerjee has kept the CBI angle alive and it indicates that the Centre is not going to go easy on West Bengal government.

Responding to the request by Mamata Banerjee for debt relief and relief from interest payments, Narendra Modi said that the West Bengal has adequate funds to meet its development needs.

Narendra Modi said that the Union Government has decided to give West Bengal the royalty on coal and other minerals which will provide Rs 1,600 crore to the state annually. In addition, West Bengal will also get Rs 11,200 crore from the coal blocks that have been auctioned so far and there will even more revenue in future.

Expressing his belief in ‘Cooperative Federalism’ he said that the Central Government has also agreed to devolve 42% of the divisible pool of taxes to states for the next five years. He also pointed to the fact that West Bengal is getting an additional Revenue Deficit Grant along with only two other non-Special Category States.

Including all the other benefits that the state is getting, the additional transfers will add up to 22,000 crore, which is an increase of 80% as compared to the year 2014-2015.

The Prime Minister said that given all these financial benefits, West Bengal is better placed as compared to the past and has adequate funds to meet its development needs fully.

If there were so many funds already in the kitty of West Bengal government, the question remains-Why Mamata Banerjee met Prime Minister Modi?

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Copyright 2015 NewsGram

Narendra Modi Lays Foundation Stones For Thane Metro, Mass Housing Project

Present on the occasion were Maharashtra Governor C.V. Rao and Chief Minister Devendra Fadnavis besides other dignitaries and he later departed for Pune to lay the foundation stone for a Metro project there

NewsGram Desk

December 19, 2018

Virtually kicking off the BJP campaign for 2019 elections, Prime Minister Narendra Modi targeted the Congress governments for various lapses while laying foundation stones for Thane district Metro Rail and a mass housing project here on Tuesday.

In Kalyan, Modi performed the ground-breaking ceremony for the Thane-Bhiwandi-Kalyan Metro and the Dahisar-Mira-Bhayander Metro corridor projects to ease the transportation problems in these bustling towns, at an estimated cost of around Rs 33,000 crore.

Simultaneously, he also laid the foundation stone for an ambitious project to construct 90,000 homes for poor sections of society under the Pradhan Mantri Awaas Yojana (PMAY) to be completed within three years.

Speaking on the occasion, he said Mumbai and Thane are expanding and exerting huge pressures on the local resources, especially road and rail transports.

To mitigate the sufferings of the masses, many efforts have been taken up to improve the transport systems of the two cities in the past four-and-half years of the Bharatiya Janata Party (BJP) government, he said.

“India is the world’s only country where urbanisation is taking place at a fast pace. Mumbai is the centre of economic activities and will further expand in the coming time. Hence transportation is a vital link to the development of any city or the country,” Modi pointed out.

Targeting the previous Congress government, he said the first Metro project in Mumbai was taken up in 2006 and after eight years, only 11 km was started in 2014.

According to LocalCircles, each person who voted in the survey is registered with the portal with their detailed information and in many cases they shared their residential address. — PM lays stones for Thane Metro, mass housing project, IANS

“We don’t know why it was stuck. After 2014, we decided to increase the pace of laying Metro lines and the scale in the form of a Metro Net in the city. It will add 35 km within the next three years and between 2022 and 2024, Mumbai will have have around 275 km of Metro network,” Modi said.

To mark the Platinum Jubilee (75 years) of India’s Independence, he said the government is moving to ensure that every family in India has a permanent home to live.

“The goal here is to build 90,000 new homes for the poor which I am told will be ready in three years. Maharashtra will get 800,000 new houses for the weaker sections under the PMAY. Under this, we are directly crediting Rs 250,000 loan into the bank accounts, besides helping the lower and middle classes to get bank housing loans,” Modi said.

He said with the Real Estate Regulatory Authority (RERA) getting notified in most states, Maharashtra became the first to implement it, and it has resulted in huge transparency in all housing deals, which did not exist in the past 70 years.

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“Around 35,000 real estate projects across India and 27,000 real estate agents have been registered under RERA. According to a report, the speed of buying new homes has doubled in the past seven-eight months compared to the previous year,” Modi pointed out.

He reiterated that in the final four years of the previous UPA government, only 2.55 million homes were construction, but in the past four years of the present NDA government, 12.50 million houses have been constructed under the PMAY.

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