360° Coverage : Prepare policy before investors meet, industry tells Bengal

4 Updates
Prepare policy before investors meet, industry tells Bengal
Photo Credit: DIBYANGSHU SARKAR, Getty Images

Prepare policy before investors meet, industry tells Bengal

Jan 28 2013, 3:09am CST | by

Kolkata, Jan 28 (IANS) With the West Bengal government postponing its Feb 13 industry meet in Mumbai, the business community has warned that unless the state finalises its industry policy, the event would end in a whimper.

Kolkata, Jan 28 — With the West Bengal government postponing its Feb 13 industry meet in Mumbai, the business community has warned that unless the state finalises its industry policy, the event...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Prepare policy before investors meet, industry tells Bengal

Jan 28 2013, 3:09am CST | by

Kolkata, Jan 28 (IANS) With the West Bengal government postponing its Feb 13 industry meet in Mumbai, the business community has warned that unless the state finalises its industry policy, the event would end in a whimper.

Kolkata, Jan 28 — With the West Bengal government postponing its Feb 13 industry meet in Mumbai, the business community has warned that unless the state finalises its industry policy, the event would end in a whimper.

Chief Minister Mamata Banerjee, in a speech at a recent investors' summit in Haldia, had said another industry meet would be held in Mumbai. But Industry Minister Partha Chatterjee later said the meet would be deferred due to lack of preparation and because the chief minister would be busy ahead of the state budget.

The three-day 'Bengal Leads' in Haldia during Jan 15-17 saw a lacklustre response from industry captains. The new industrial policy was expected to be announced at the meet but was not.

"My suggestion to the Bengal government is that it should prepare the policy before the Mumbai meet to showcase the state as an attractive investment destination. The government should show entrepreneurs what it is going to offer," Bengal Chamber of Commerce and Industry president Kallol Datta told IANS.

"We are waiting for the new industry policy," said Datta, also chairman and managing director of engineering company Andrew Yule, a public sector undertaking.

Bengal National Chamber of Commerce and Industry secretary D.P. Nag said the new industry policy would help the government woo investors and it was imperative to prepare it first before going for any meet.

"It will surely help the government in Mumbai and other places where such events are going to take place," Nag said.

Tata Steel Processing and Distribution managing director Sandipan Chakravorty said the industrial policy should clearly include policies of land, labour, infrastructure and monetary matters.

"We will expect the government to come out with specific policies regarding land, labour and infrastructure. The industrial policy should also have a monetary policy to tell probable investors from where they are going to get loans," Chakravorty said.

He said that about a month ago, industry experts gave the state their recommendations for the policy as asked by the industry department. "I think it is still in the discussion stage."

Industry sources told IANS that one of the reasons behind the Banerjee government's decision to defer the Mumbai meet might be its inability to finalise the policy.

"The draft of the policy is ready. But there has been some internal debates going on regarding some clauses. So the chief minister has not yet okayed it," a lobbyist told IANS on condition of anonymity.

"It is one of the main reasons for the postponement of the event," he said.

Asked whether the deferment of the event date would have any impact on probable investors, he said: "Who is bothered?"

Banerjee and her government have so far been facing an uphill task to woo investors to West Bengal as the state's land policy has drawn flak from entrepreneurs. The policy has taken out the state's role in land acquisition for industrial projects and asked industrialists to buy directly from landowners.

(Mithun Dasgupta can be contacted at mithun.d@ians.in)

IANS

Source: IANS

 
Update
4

2 weeks ago

Stony retaliation

Oct 9 2014 10:40am CDT | Source: Business Standard

In the vindictive world of West Bengal politics, Chief Minister Mamata Banerjee's frosty relationship with her predecessor Buddhadeb Bhattacharjee is well known. But it takes trivial extremes. Banerjee often takes her evening w ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

5 weeks ago

Widows from Bihar, Bengal should not come to Vrindavan: Hema

Sep 17 2014 3:20am CDT | Source: HeadlinesToday.in

After finding poor living conditions in a shelter home in Vrindavan which she visited Monday evening, Hema Malini had said that she would talk to West Bengal Chief Minister Mamata Bane ...
Source: HeadlinesToday.in   Full article at: HeadlinesToday.in
 

 
Update
2

7 weeks ago

Congress demands West Bengal CM's resignation

Sep 4 2014 10:04am CDT | Source: Business Standard

State Congress president Adhir Chowdhury today demanded that West Bengal Chief Minister Mamata Banerjee resign from her post till Saradha probe ...
Source: Business Standard   Full article at: Business Standard
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

US nurse beat Ebola released from hospital
Washington, Oct 29 (IANS/EFE) Amber Vinson, one of the two Dallas nurses who cared for an Ebola-infected Liberian man and then infected with the virus themselves, was released from Emory University Hospital in Atlanta Tuesday after a 10-day stay.
 
 
Chinese peacekeepers to help build Ebola quarantine center
United Nation, Oct. Oct 29 (IANS) The Chinese contingent of the UN Mission in Liberia (UNMIL) will help build an Ebola Quarantine and Control Center in the capital city of Monrovia, a UN spokesperson said here Tuesday.
 
 
Obama urges not to discourage health workers going to West Africa
Washington, Oct 29 (IANS) US President Barack Obama warned Tuesday that returning healthcare workers should only be monitored "in a prudent fashion" and not be discouraged from going to West Africa to help curb Ebola outbreaks.
 
 
Pakistan for normalised ties with India 'despite provocations'
Islamabad, Oct 28 (IANS) Pakistan Tuesday told a senior US official that it wants normalisation of relations with India despite the "recent provocation of hostilities" along the border and also sought the international community's intervention in the "core issue" of Jammu and Kashmir.
 
 
 

Latest from the Network

US unmanned spacecraft explodes shortly after launch
Washington, Oct 29 (IANS) An unmanned spaceship operated by a private US firm exploded just minutes after its launch Tuesday, media reported. The rocket blew up over the launch complex at Wallops Island, Virginia,...
Read more on Politics Balla
 
A$AP Rocky and Chanel Iman split
A$AP Rocky and Chanel Iman have reportedly ended their engagement. The 26-year-old rapper, who secretly proposed to the Victoria's Secret model in April after less than a year of dating, recently split from the 23-year-...
Read more on Celebrity Balla
 
Australian troops conduct G20 security training
Sydney, Oct 29 (IANS) Australian special forces troops have conducted G20 training exercises involving a mock hostage recovery operation in Brisbane Tuesday. Australian Defence Force spokesman for the G20, Maj. Gen....
Read more on Politics Balla
 
Nick Jonas angry over band split?
Los Angeles, Oct 29 (IANS) Pop star Nick Jonas is reportedly angry with his siblings over the breakup of their band - The Jonas Brothers. The trio disbanded in October last year after pulling out of a North American...
Read more on Celebrity Balla
 
Chinese peacekeepers to help build Ebola quarantine center
United Nation, Oct. Oct 29 (IANS) The Chinese contingent of the UN Mission in Liberia (UNMIL) will help build an Ebola Quarantine and Control Center in the capital city of Monrovia, a UN spokesperson said here Tuesday...
Read more on Business Balla
 
IS captures three gas wells in Syria
Damascus, Oct 29 (IANS) The Islamic State(IS) militants Tuesday captured three gas wells in Syria's central province of Homs, media reported. The IS captured the gas wells east of Palmyra in Homs after intense clashes...
Read more on Politics Balla
 
Jennifer Lawrence and Chris Martin's split wasn't dramatic
Jennifer Lawrence's split from Chris Martin reportedly ''wasn't dramatic.'' The 'Hunger Games' actress quietly decided to end her relationship with the Coldplay frontman a few weeks ago after four months of dating...
Read more on Celebrity Balla
 
Eddie Redmayne just wants to pay his mortgage
Eddie Redmayne says he is just trying to pay his mortgage. The 'Les Miserables' actor, who is set to marry antiques dealer Hannah Bagshawe in December, claims he doesn't consider himself ''a movie star'' and doesn't...
Read more on Celebrity Balla
 
Jane Lynch finalizes divorce
Jane Lynch's ex-wife Dr. Lara Embry received millions in their divorce. The 'Glee' star, whose split from clinical psychologist was finalized on Monday (10.27.14), following their separation in February 2012, reportedly...
Read more on Celebrity Balla
 
David McIntosh keen to marry Kelly Brook
London, Oct 29 (IANS) Following their recent reconciliation, actor David McIntosh says he wants to marry his on-off girlfriend Kelly Brook. The 28-year-old star is eager to wed the model in Mykonos, Greece, reports...
Read more on Celebrity Balla