2 weeks ago

Bengal Plans Separate Land and Industry Policies to Attract Investment

West Bengal wants to attract more businesses and investments.

The government plans to create one policy for industry and another for land.

The industry policy will also include plans to increase exports.

Land has been a major concern for companies considering new projects in the state.

Officials are studying land pooling as one way to make land available.

This could reduce the need for compulsory acquisition.

Industry Minister Tapas Roy said an initial industry policy may be released by August.

The policies are being discussed with business representatives before they go to the state cabinet.

Key facts

Industry minister: Tapas Roy
Policy structure: Land and industry policies are expected to be separate.
Export measures: The industry policy will include an export policy.
Land approach under consideration: Land pooling is being examined as an alternative that could reduce dependence on compulsory acquisition.
Target timeline: An initial version of the industry policy is targeted for release within August.
Consultation date: The Group of Ministers held a stakeholder consultation on August 11.
Next procedural step: The policy is expected to be placed before the state cabinet after the Group of Ministers' consideration.

telegraphindia.com · 2 weeks ago

theprint.in · 2 weeks ago