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WB Govt has not taken SAL: CPI(M)

Written by: Staff

Hyderabad, Oct 24 (UNI) Making it clear that the Marxist-led government in West Bengal had not taken any Structural Adjustment Loan (SAL) from the World Bank, CPI(M) Politburo member and Andhra Pradesh Secretary B V Raghavulu today demanded the Rajashekhara Reddy government reveal its agreements with the World Bank in the next Assembly session.

Challenging the critics of the Marxist party to make public any SAL obtained by the Left Front government in West Bengal, he warned that the party would launch a massive agitation if the government did not place its agreements with the World Bank in the coming Assembly session.

Terming as a 'blatant lie' the World Bank Managing Director Greame Wheeler's reported statement that the bank had nothing to do with running the economy of the borrowing country, the Marxist leader claimed that SAL had been renamed as 'Developmental Loans'.

Addressing mediapersons here he said the TDP should make its stand clear on the issue before his party could join hands with it on joint stirs.

The party delegation would visit those places, where the government proposed to set up Special Economic Zones (SEZ), from October 26 to collect the views of those people whose lands would be taken up by the government, he added.


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