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Heavy industry portfolio to remain with Sena: Thackeray

The Shiv Sena would continue to hold the heavy industry ministry and would not demand a new portfolio with a view to ensuring the stability of the National Democratic Alliance government at the Centre, Sena supremo Bal Thackeray said in Mumbai on Thursday.

Thackeray told newsmen that he was satisfied with the heavy industry portfolio and had no intention of demanding another one for the new Sena MP who was likely to replace Union Minister for Heavy Industries Manohar Joshi, who has been nominated to the post of Lok Sabha Speaker.

"We do not wish to destabilise the central government at this juncture by demanding a new portfolio," the Sena chief said adding, the name of the Sena MP who was to replace Joshi was likely to be announced Thursday evening.

Reacting to Joshi's nomination as the Speaker of the Lower House, he said Joshi was an intelligent person who could very well handle any situation.

To a query on the co-operatives bank scam in the state, he opined that nothing was likely to come out of it since the "ruling parties and several senior politicians were involved in the scam."

He also disclosed about the likelihood of unearthing of Rs 500 million scam involving a senior Congress leader.

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