The chief minister said the government would "give ex-gratia payment of Rs.16,000 each to the 168 employees of the two channels for the month of May." To acquire the two channels Mamata Banerjee will have to pass an ordnance or a legislation which will need the President's signature.
The Left has called it a "waste of public money" and has said the move raises legal and ethical questions. "We don't think the state government has the legal right to acquire private TV channels. Moreover, how ethical is it to acquire the assets of a company which is being probed for a scam, and especially when the matter is sub-judice," Leader of Opposition Surjya Kanta Mishra said.
The opposition also wants to know why only these two channels. The Saradha group, which collapsed after its chit fund went bust, had around 10 channels with around 1300 workers. Mr Mishra wants to know what about the rest of the more than 1000 employees.
The two Bengali channels were bought by the Saradha Group in 2011. However, the management served closure notices in April this year, allegedly without giving salaries pending for three months.
The Saradha group collapsed last month, wiping out the savings of lakhs of small investors in West Bengal. Sudipta Sen, the owner of the group, was arrested from Jammu and Kashmir along with two colleagues last month days after he went missing as cheques from the chit fund that he ran began to bounce.
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