Don’t miss the latest developments in business and finance.

Mitra rubbishes opposition's claim of slow industrialisation

Image
Press Trust of India Kolkata
Last Updated : Jun 09 2015 | 8:02 PM IST
Rejecting the opposition's allegations of deteriorating and slow industrial growth in the state, West Bengal Finance Minister Amit Mitra today said projects worth Rs 91,230 crore have been started in the four months of 2015.
Of the total projects initiated, Rs 32,000 crore is in power sector and Rs 47,000 crore in manufacturing and transport, Mitra informed the Assembly during his reply for approval of grants for Commerce and Industry department.
The projects had started within four months of the Global Bengal Summit where MoUs worth Rs 2.34 lakh crore were signed, he added.
Informing the House on the ongoing previously announced projects, he said 435 industrial projects had been either implemented or under implementation.
He added that 224 investment proposals are in the pipeline, entailing an investment of Rs 1.14 lakh crore.
Opposition members of the House had leveled allegations of slow industrial progress under the current government, contradicting industrial output data besides charging the government of being a mute spectator to closing of jute mills and tea gardens, among others.
Meanwhile, the House cleared the grant demands for public enterprise and industrial reconstruction department and IT placed today.

More From This Section

First Published: Jun 09 2015 | 8:02 PM IST

Next Story