THE DARBHANGA IMPROVEMENT TRUST BILL,BILL NO.7 OF 1934 IN THE BIHAR AND ORISSA LEGISLATIVE COUNCIL
Mr. W. B. Brett moved on behalf of the Government.He said that I need not repeat the story of what happened in Darbhanga on the afternoon of the 15th January 1934. It is sufficient to remind you that it was one of the three large towns in Bihar which suffered most damage in thee earthquake. Soon after the earthquake the Maharajadhiraja came forward with an office to lend a large sum of money to finance an Improvement Trust,which should replan the congested portions of the town and rebuild them in such away that they would not be such a source of danger to the lives of the inhabitants as they were in the last earthquake. When that proposal came to be considered and examined it was felt that there were certain difficulties in the way of an Improvement Trust working entirely with borrowed capital. As most of You are aware the Improvement Trusts are functioning in the big presidency towns of which Calcutta is the nearest and the best example. There the Improvement Trust can work on borrowed capital,because there is a keen demand for building sites, and if congested bazaars are opened up with good roads you can sell the site at a good price.But it is impossible to hope that you should get conditions like that in a town like Darbhanga. Darbhanga I should describe as a large country town and it is quite certain that an Improvement Trust there must lose a certain portion of the capital in carrying out a scheme of that nature . So the facts were faced , and the proposal was changed to its present form. As His Excellency has just told you , the Maharajadhiraja”s offer, as it now stands , is that he will make a free gift of five lakhs to the Trust and that he will further advance as such as much money is needed for work of the Trust up to a further total of nine lakhs. These nine lakhs will have to be repaid in the end, but the five lakhs will not. The latter sum is available for,and is expected to be used in , meeting the amount by which the outgoings of the Trust will probably exceed its receipts when it comes to excute the scheme. It is not enable such a Trust to be formed that I have introduced this Bill. Unless there is a properly constituted Trust, it is impossible for us to accept this most generous offer on the part of the Maharajadhiraja and the whole thing must fall to the ground.