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2013-08-30

Mamata Banerjee reveals West Bengal\'s industrial policy

Mamata Banerjee has declared the industrial policy, textile policy, and medium and small and micro enterprises (MSME) policy of its government.

Mamata Banerjee has declared the industrial policy, textile policy, and medium and small and micro enterprises (MSME) policy of its government. She also revealed that the public-private-partnership was welcomed in the state but inappropriate incentive schemes for setting up industries in the State would not be allowed.

 

Mamata Banerjee, Chief Minister, West Bengal, says, "The three policies have been cleared, but fiscal incentives for setting up units in West Bengal would be considered by her government only on the basis of performance by the industries and we welcome PPP projects and expect the State's manufacturing sector to generate employment for 66 lakh people in five years".

 

"It is often found that industries bag the incentives on various counts, but their performance on parameters like employment generation and production are not upto the mark. We will give incentives only after assessing their performance and the government was now working out five such conditions on the basis of which the assessment would be made." she added.

 

She also emphasised on cluster development policy saying that every district would have one and industries could be located within such a cluster. She said that Textiles was a neglected segment in the State, although it had a rich tradition and good potential.

 

West Bengal government would continue with its hands-off policy on land acquisition but it would be done only on a case-by-case basis, after checking that the requirements of the industry which faces problems on account of holding private land in excess of the land ceiling laws.

 

 

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