Online edition of India's National Newspaper
Monday, June 19, 2000
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Online edition of India's National Newspaper Monday, June 19, 2000 |
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Assam Govt. seeks Rs. 500 cr. Central loan
GUWAHATI, JUNE 18.The Assam Government today asked the Centre for
a Rs. 500 crore-loan for immediate financial relief.
The Chief Minister, Mr. Prafulla Kumar Mahanta, asked for the
loan in a memorandum to the visiting Union Finance Minister Mr.
Yashwant Sinha.
Mr Mahanta asked Mr. Sinha to write off Assam's outstanding debts
to the Centre, which till the last financial year, were estimated
to be Rs. 4,438 crores.
Mr. Mahanta thanked Mr. Sinha for his support in installing 1
lakh shallow tube wells last year. The Government plans to
install 1 lakh shallow tube well this year too. Mr. Mahanta urged
the Finance Minister to release sufficient funds so that Assam's
finances could be stablised over the one year.
- PTI
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