West Bengal is likely to unveil a new industry policy in its upcoming budget on June 22, which will include streamlined land acquisition plans to boost industrial growth. The announcement was made by the Chief Minister during a recent address, highlighting the state's commitment to creating a conducive environment for businesses.
Key Features of the New Policy
The proposed policy aims to simplify the process of land acquisition for industrial projects, addressing a long-standing hurdle for investors. By ensuring seamless land availability, the state government hopes to attract more investments and generate employment opportunities. The policy is expected to cover various sectors, including manufacturing, technology, and infrastructure.
Target for Women Empowerment
In addition to the industry policy, the Chief Minister set a target of creating 10 lakh 'Lakhpati Didis' (women with annual income of one lakh rupees) through self-help groups during the current financial year. This initiative is part of the state's broader efforts to empower women economically and promote entrepreneurship at the grassroots level.
The budget session is scheduled to begin on June 22, and the industry policy is anticipated to be a major highlight. Stakeholders are optimistic that the new measures will revitalize West Bengal's industrial landscape and drive sustainable development.
