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Mamata has reason not to munch

Mamata has reason not to munch
The West Bengal chief minister Mamata Banerjee's palate will not be able to appreciate the taste of the Congress menu till her demand for a three-year moratorium on interest payment is met.

A delay in taking concrete decision about West Bengal's financial demands has made Banerjee abstain from attending the third anniversary dinner of the United Progressive Alliance (UPA) government, which Prime Minister Manmohan Singh hosted at his 7, Race Course Road, residence on Tuesday evening.

The UPA held this power-packed dinner to celebrate its third anniversary of its second term in office, while coming out with a report card highlighting the steps taken in various sectors.

Even though her representative railway minister Mukul Roy, along with a few other Trinamool Congress MPs marked their presence during this powerful celebratory dinner, she skipped it despite an official invitation.

Banerjee's main demand is about a three-years moratorium on the interest payment to the Central loans. It comes round to about Rs 22,000 crore annually. The Centre has made no commitment on her demands yet. But, she has strongly argued that it has become very difficult to manage the finances of the state due to this accumulated interest, which she blames on the Left rule.

The Trinamool supremo feels that it was the Centre which allowed the successive Left governments to increase their overdraft limit, which jeopardised the financial health of the state.
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