1. West Bengal budget allocates 250 crore aid to workers, farmers post demonetisation crisis

West Bengal budget allocates 250 crore aid to workers, farmers post demonetisation crisis

In order to help those who have returned back to their state after loosing jobs due to government's demonetisation move, West Bangal government has proposed a grant of Rs 50,000 each to such 50,000 workers.

By: | Published: February 11, 2017 10:22 AM
Mamata Banerjee, West Bengal, TMC, Demonetisation, State Budget, West Bengal Budget, Amit Mitra, Finance Minister In order to help those who have returned back to their state after loosing jobs due to government’s demonetisation move, West Bangal government has proposed a grant of Rs 50,000 each to such 50,000 workers. (Source: IE)

In order to help those who have returned back to their state after loosing jobs due to government’s demonetisation move, Mamata Banerjee-led Trinamool Congress (TMC) in West Bangal has proposed a grant of Rs 50,000 each to such 50,000 workers. The state government has portioned a total amount of Rs 250 cr for this purpose in the annual Budget that was announced on Friday. TMC has also allocated Rs 100 cr as a ‘special assistance fund’ for the farmers who were hit by demonetisation.

Speaking to The Indian Express, West Bengal chief Minister and party supremo Mamata Banerjee said, “Every state in the country is experiencing economic slowdown due to demonetisation and West Bengal is also suffering. Under the present economic slowdown, it is a challenge for us to continue with all our social welfare projects.”

“Recently, demonetisation has forced thousands of skilled workers from across the country to return to the state. These workers are living in pitiable conditions. We have decided to create a data bank of such workers who will be provided a grant of Rs 50000,” she added further.

As per the Budget statement, the amount allocated to these workers will help them to start their own business. “I have not come here to tell lies, but only to state facts. We are having difficulties in creating employment opportunities for our people. Still, we have allocated a budget of Rs 250 crore in this Budget to help the skilled workers. No other state has taken such a measure so far post-demonetisation,” said Banerjee.

She said the Budget was presented ‘with a warm heart’, as compared to the Centre’s ‘directionless’ and ‘heartless’ Budget. “Despite all difficulties, we have been able to somehow sustain the growth in our state. However, the cure for a serious illness cannot be found in a day. It will take six-seven months to cure the disease,” she said.

When asked about the consequences after this move, state Finance Minister Amit Mitra said, “The adverse effect of demonetisation is now reflected on the employment and life of the common people. Due to the tsunami of demonetisation, the lives of lakhs of unorganised workers in small and micro businesses and dreams of farmers are now shattered.”

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“In our state, it has affected lakhs of workers engaged in tea gardens, jute industries, leather industries, textiles, handicrafts as well as self-help groups. This disaster has not only affected Bengal, but the trade and industry of the entire country,” Mitra added further.

Justifying the state’s move to allocate funds to workers and farmers, the Budget Statement said, “Our farmers were affected as they could not procure fertilisers, seeds etc. The operative credit, on which a large section of our farmers are dependent, was completely paralysed due to demonetisation. A special assistance fund of Rs 100 crore will be created to mitigate the sufferings of these farmers.”

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