The West Bengal government has assured the business community that land will not be an issue for investors in West Bengal as the state has enough land bank with it to support fresh investments. Moreover, for easing formalities related to investments, the state’s single-window system, Shilpa Sathi, was made operational from Saturday.
Speaking at an Assocham meet, the state industry and commerce minister, Partha Chatterjee said, “In all the chamber meetings, it is the same question that I am facing. But land will not be a problem in West Bengal. In the last few months, no major investment groups have come up and asked for even 100 acres. We have enough land bank of sick units here. We can revive those units in public private partnership mode too.”
Meanwhile, ‘Shilpa Sathi’, the single-window channel to facilitate investors in the state was made operational by the state government . According to Chatterjee, through the single-window the state will monitor investment proposals in a better way and prospective investors should submit an eight-point check list with their applications.
“Earlier, there used to be a long application form. Now, the process is simple and will help us keep track of the progress of the clearance and financial status of the project,” he said. The investors should meet an eight-point checklist as per Shilpa Sathi guidelines. “It includes the number of phases of investments, the date completion of project, quantum of the land required, requirement from the government and human resource necessity,” he said. According to a top official, after the new government took charge, the state has received about Rs 2,000-crore worth investment proposals in small and medium sectors.
