Wednesday, July 20, 2016

Mamata Banerjee desperate to get industries - forms another board to resolve problems


Mamata Banerjee, the chief minister of West Bengal, is desperate to get industries to be set up in the state and has, therefore, announced the formation of yet another board to resolve problems faced by investors and expedite the process of industrialization.
The name of this new board is Industrial Development and Promotional Board and it has been set up to meet every week to resolve problems and process new proposals. The board will have to submit a report to the CMO every Saturday and CM feels this will expedite the (industrialization) process.
This has been reported in telegraphindia.com dated 20 July 2016.
The government already has West Bengal Industrial Development Corporation and several other such panels and the rigid stand of the administration on land acquisition and SEZ status are the main impediments to industrialization and these that needed to be addressed in order to attract investments. Some feel that the latest decision of the government reveals its desperation to attract investments that had eluded Bengal during its first stint.
Soon after coming to power, the chief minister had created a core committee on industries - she herself chairs this committee which includes several industrialists and government officials. It is supposed to meet regularly to take note of the ground situation but the meetings are irregular.
Moreover, since the government has promised to create jobs for youths over the next five years, hence the urgency is all the more evident.


Image courtesy wikimediacommons.org

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