Kolkata: The Mamata Banerjee-led West Bengal government has borrowed Rs. 113,105 crore (approrimately) since coming to power in 2010-11.
Of this borrowed amount, nearly 94,600 crore has gone towards servicing debt of the previous Left Front government, State Finance Minister, Amit Mitra, said during his budget speech today.
“….the State government has taken additional loan of only 18,571.44 crore in five years,” he said.
Praising the government’s effort to accelerate the state’s growth, Mr. Mitra said that infrastructure sector spending increased by 4.5 times. Agriculture spending increased by 7 times over 2015-16.