West Bengal to unveil new industrial policy ahead of Durga Puja celebrations
Chief Minister Suvendu Adhikari announced that West Bengal will launch a fresh industrial policy before the Durga Puja festival, promising incentives, streamlined land rules and a single-window clearance system.
At a government event in Kolkata where land was allotted to 33 new enterprises, Chief Minister Suvendu Adhikari said West Bengal will roll out a new industrial policy before the Durga Puja festival begins on October 10. A Group of Ministers headed by industry minister Tapas Roy has submitted a draft to the state chief secretary, and the policy will cover incentives, land-pooling, and a single-window clearance system for projects over ₹100 crore, eliminating the need to approach local bodies for permits.
Adhikari announced a budget of ₹5,000 crore for incentives linked to employment generation and promised to meet industrialists at least twice a month. He blamed the former Left Front and Trinamool Congress governments for shutting more than 54,000 industrial units and for the Tata-Singur controversy. The upcoming policy is positioned as a corrective measure to revive the state's economy, which he described as "insolvent-like".
Why it matters
The policy could reshape West Bengal's investment climate and impact regional employment prospects.
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