Now Reading: Industry bodies welcome West Bengal’s sectoral approach in new industrial policy
-
01
Industry bodies welcome West Bengal’s sectoral approach in new industrial policy
Industry bodies welcome West Bengal’s sectoral approach in new industrial policy
West Bengal's government held a consultative meeting on Tuesday with industry bodies before finalising its new industrial policy. Minister Tapas Roy said the government is working on a war footing to unveil…
The Story in Brief
West Bengal's government held a consultative meeting on Tuesday with industry bodies before finalising its new industrial policy. Minister Tapas Roy said the government is working on a war footing to unveil the policy and will incorporate suggestions. A new land policy will be announced separately.
Industry associations hailed the proposed sectoral approach, with CII calling the meeting pragmatic. Finance Minister Swapan Dasgupta described the initiative as an 'enterprise policy' covering large, small and micro industries. BCC&I submitted recommendations on unlocking unused PSU land and industrial land allotment reforms.
The Indian Opinion
The claim that 'Brand Bengal' can be built overnight is exaggerated, as is the notion that a new policy alone will revive West Bengal's industry. The real test will be execution: how quickly the promised 'enterprise policy' translates into faster approvals and unlocked PSU land. Industry bodies welcomed the sectoral focus, but scepticism lingers over past delays. The question is not what is written in the policy, but whether the government delivers on its war-footing promise before investor confidence fades.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
