West Bengal to unveil new industrial policy

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KOLKATA, July 18: West Bengal Finance Minister Swapan Dasgupta said on Saturday that the state will unveil its new industrial policy on Independence Day, signalling the BJP government’s push to revive manufacturing through a sharper investment strategy and a departure from the erstwhile TMC dispensation’s hands-off land acquisition policy for industries.Addressing a capital markets conclave organised by the Confederation of Indian Industry (CII), Eastern Region, Dasgupta highlighted the need for a comprehensive land policy and stressed the importance of reusing land belonging to idle factories.
He also added that emphasis will be given to providing fiscal incentives for the industry.
In a separate event, Industries Minister Tapas Roy echoed Dasgupta’s contention, stating that the government is working on a comprehensive roadmap for industrial growth in the state.”The Bengal government is committed to creating an industry-friendly ecosystem and is working on a comprehensive roadmap to accelerate industrial growth across the state.
The objective is to position West Bengal as a leading industrial destination by 2027 through a transparent and modern industrial policy, supported by investor-centric reforms,” Roy said. (PTI)

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