RAILWAY MINISTER Mamata Banerjee has killed the future of Industrial investment in Bengal economy by sending off the leading investors both national and international off the state. Her drama of outburst at that time had fooled people, who now realize the farce. The fact that TATA brought out NANO from Gujarat, has opened peoples’ eyes.
Had she not intervened and stopped them, today Bengal would have got at least 15, 000 employment opportunities directly plus another 2 lakh indirect employment options. Moreover the economy would have got a push, bringing the attention of other lead investors. The lifestyle of the people in the area vis a vis the state, would have improved considerably. It is clear now that no private investor will dare take the risk to invest in Bengal as long as she is alive. So she tried to get the required investment from the centre to cover her election expenses. She did not succeed, so tears came to her eyes. In history, she will be termed as the demon that destroyed Bengal’s economic growth and the beautiful letter of Narendra Modi the Chief Minister of Gujarat, to her will bear testimony to it.
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Railway needs much more: With reference to forth coming railway budget and Railway bonds I will like to say that railway infrastructure needs to get doubled in next 5 years as against previous doubling in more than 63 years. Railway bonds of Rs 5000 crore are drop in the ocean. I will request railway to issue innovative, any money and tax free bonds with 4% interest of Rs 1 lac crore or more. Repayment and interest should be given to investor as railway service and not in cash. This move can provide railway enough money to carry on above mentioned target with bearable liability of Rs 7000 crore or more that too in form of services. Dr. Alok