West Bengal government to sell off DPL land to clear debts

Though West Bengal Chief Minister Mamata Banerjee has been vocal against the disinvestment policy of the central government and has often alleged that the Modi government is selling off major public sector units including in banking, insurance and steel but the state government has decided to go the same way by selling off or leasing out a portion of unused land of Durgapur Projects Limited (DPL), a loss-making power utility that was under a restructuring plan, to clear the firm’s debts.

KOLKATA: Though West Bengal Chief Minister Mamata Banerjee has been vocal against the disinvestment policy of the central government and has often alleged that the Modi government is selling off major public sector units including in banking, insurance and steel but the state government has decided to go the same way by selling off or leasing out a portion of unused land of Durgapur Projects Limited (DPL), a loss-making power utility that was under a restructuring plan, to clear the firm's debts. (IANS)

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