JOINING HANDS: State secretaries of CPI and CPIM) K. Narayana and B.V. Raghavulu discuss strategies in Hyderabad on Sunday. Photo: P.V. Sivakumar

HYDERABAD: The Left parties have demanded that the State Government place before the Assembly the documents pertaining to the agreements it entered into with the World Bank for the third structural adjustment loan.

Speaking at a seminar here on Sunday, the Left parties' leaders including CPI(M) State secretary B.V. Raghavulu and CPI State secretary K. Narayana criticised the Government for its `reluctance' to make public the agreement. "When Chief Minister Y.S. Rajasekhara Reddy is so confident that there are no conditionalities in securing the loans, why is he hesitant to release them?" they asked.

Mr. Raghvaulu asserted that the Left was not opposed to obtaining loans for infrastructure development, but was concerned about conditions involved in the structural adjustment loans (SAL).

Recalling the first two SALs obtained by the Government, he said the World Bank would provide loans only if the Government committed itself to some measures that were not in the interest of the State.

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