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Tata Group’s investment announcement in West Bengal was ‘slip of tongue’ by Mamata Banerjee: Chief Secretary Dwivedi clarifies

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West Bengal Chief Minister Mamata Banerjee’s announcement about a proposed fresh investment by Tata Group at Raninagar in Jalpaiguri district was just a “slip of the tongue” on her part, state Chief Secretary H.K.Dwivedi has said.

On Monday afternoon, while addressing an event to hand over appointment letters to various beneficiaries under “Utkarsh Bangla,” a skill development scheme of the state government, the chief minister said that she is happy that the Tata Group will be investing Rs 600 crore at Japiguri’s Raninagar.

However, she did not divulge any further details on this count like the sector where the investment will take place or the time by when the investment will be made. On the other hand, there was neither any confirmation nor denial from Tata Group on this count.

Soon after, speculations started doing rounds prompting Chief Secretary Dwivedi to step in to set the records straight. “The chief minister did not intend to mean Tata Group. Actually, the investment at Jalpaiguri is by Hindustan Coca-Cola Beverages,” the chief secretary explained.

West Bengal Chief Minister Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee

At the same time, the West Bengal state secretariat of Nabanna issued a statement detailing the investment by Hindustan Coca-Cola Beverages at Raninagar in Jalpaiguri, the virtual inauguration of which was done by the chief minister herself on Monday from Kolkata.

The greenfield vertical unit built over Rs 6.9 acres of land and is meant for manufacturing juice and sparkling soft- drink items, has attracted a total investment of Rs 660 crore.

The unit will employ 100 individuals directly, while another 150 individuals will get indirect employment.

To recall, the Tata Group chairman, Ratan Tata announced the pull-out of Tata Motors’ small car, Nano factory from Singur in Hooghly district in West Bengal in October 2008 citing disruptive movement of Trinamool Congress, as the-then principal opposition party against the land acquisition for the project. Gujarat’s Sanand became the new destination of the Nano factory.

Since then, fresh investments by Tata Group in the state have just remained an illusion, even after 2011, when the 34-year-old Left Front regime collapsed in the state making way for the entry of Trinamool Congress regime with Mamata Banerjee at the helm.

Tata Group to invest Rs 600 cr in West Bengal: Mamata Banerjee

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Kolkata, Sep 12 (IANS) West Bengal Chief Minister Mamata Banerjee on Monday afternoon claimed that Tata Group will invest Rs 600 crore in Jalpaiguri district shortly.

Although she made this claim at an event to hand over appointment letters to various beneficiaries under ‘Utkarsh Bangla’, a skill development scheme of the state government on Monday afternoon, she did not divulge any further details on this count like the sector where the investment will take place or the time by when the investment will be made.

Till the time this report was filed, there was neither any confirmation nor any denial from the Tata Group on this count.

“We are happy that the Tata Group will be investing Rs 600 crore at Jalpaiguri’s Raninagar. The speciality of the project will be 66 per cent of the women employed there will be women. During the last one year, 45,000 women from West Bengal have been directly absorbed at different places,” the chief minister said.

To recall, in 2006, immediately after the seventh Left Front government came to power in West Bengal with Buddhadeb Bhattacharjee as the chief minister, Tata Motors announced setting up of its small car, Nano factory at Singur in Hooghly district in West Bengal. However, Trinamool Congress under the leadership of Mamata Banerjee started a massive movement against the project alleging forceful land acquisition by the state government for the project.

Finally in October 2008, the Tata Group chairman, Ratan Tata announced pulling out of Singur. Gujarat’s Sanand became the new destination for the Nano factory.

“I think some time back I mentioned that if somebody puts a gun to my head, you will pull the trigger or you take the gun away because I will not move my head. I think Ms Banerjee has pulled the trigger,” Ratan Tata said in October 2008 while announcing the pull-out of the Nano factory from Singur.

After that in 2011, the 34-year-old Left Front regime ended in West Bengal making way for the entry of Trinamool Congress regime with Mamata Banerjee as the chief minister. Since then, fresh investments by Tata Group in West Bengal have just remained an illusion.

NO CASH in ATMs? What’s Behind Sudden ‘run’ on Banks?

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It is more than 18 months since the whole country’s citizens were paraded on the streets by the Demonetisation 2016 and the days are here again with No Cash board greeting on ATMs, especially in non-BJP ruled states of Andhra Pradesh, Telangana and West Bengal. Karnataka facing elections next month has been partly spared from the cash crunch.

West Bengal Chief Minister Mamata Banerjee on Tuesday questioned whether a "financial emergency" was subtly imposed in the country. "Seeing reports of ATMs running out of cash in several states. Big notes missing. Reminder of #DeMonetisation days. Is there a Financial Emergency going on in the country? #CashCrunch #CashlessATMs," Banerjee tweeted.

Even BJP-ruled Madhya Pradesh, Maharashtra, Gujarat and coalition government in Bihar have reported cash crunch on Monday but Union Finance Minister Arun Jaitley categorically denied the reports of any cash crunch. "There is more than adequate currency in circulation," he reiterated, saying RBI figures show that Rs 18.17 lakh crore was in circulation.

Severe cash crunch was faced in India following Nov. 8 ban on high-value currency notes. Almost the entire country was seen in big queues before the banks, and the sordid saga continued at a stretch for 15 days.

However, this time, reports say that the cash crunch was a knee-jerk reaction to the latest Financial Resolution and Deposit Insurance (FRDI) Bill, being tabled in parliament. Rumours are widespread that it affects deposits if a bank goes bankrupt, though government has clarified that it is not the case.

In some states, this has led to a run on banks from where people are withdrawing deposits and collecting cash, especially, in Rs.2000 notes so as to hoard it easily at home.

Already huge bank defaults in Punjab National Bank, ICICI bank scam, and evasion of thousands of crores by big business magnates are making round every day in the country, leading to loss of people’s faith in the banking system. As of March 2018, bank deposits grew at 6.7 percent compared to 15.3 percent in 2016-17.

Opposition has described it as a "deliberate move” of the government. “News reports say that ATMs around the country are running of out of cash. Is it just gross mismanagement by the Modi Govt or is this a deliberate move? The people of the country forced to suffer even after 1.5 years of demonetisation show the acute failure of BJP government,” tweeted Congress.

West Bengal Governor Threatened Me, Alleges Mamata Banerjee

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The communal riots in West Bengal’s North 24 Parganas district on Tuesday night over a Facebook post have resonated in Raj Bhavan.

West Bengal chief minister Mamata Banerjee said Governor Keshari Nath Tripathi in a meeting in Raj Bhavan had “threatened” her over the communal clashes and described his behaviour like “a BJP block president” and not as governor. Tripathi, a former BJP veteran, served as Speaker of Uttar Pradesh Assembly and was appointed West Bengal governor in 2014.

The Raj Bhawan in its explanation said, “the Hon’ble Governor cannot remain a mute spectator of the affairs in the state.” It added further saying, “The talks between the Hon’ble chief minister and the Hon’ble governor were confidential in nature and none is expected to disclose it.”

Baduria in Basirhat sub-division of West Bengal’s North 24 Parganas district witnessed a mob fury over the arrest of a person. Shops in Keosha market, Banshtala, Ramchandrapur and Tentulia markets were shut down over the clashes, the police said.

However, after her meeting with the governor, Mamata said she felt offended that “I once even thought of leaving (quitting as chief minister)”. She told media: “Someone had posted something objectionable on Facebook. He was arrested. Where is the fault of my government.”

“I told police to stop it. They should have blocked the Facebook account. But, how many Facebook accounts can be blocked? If the police had opened fire, 200 people would have been killed.”