Bengal to set up -three more economic corridors for growth of economic activities and generate employment: Mamata

Kolkata, (UNI) West Bengal chief minister Mamata Banerjee on Monday announced to set up three economic corridors – Dankuni to Haldia, Dankuni to Kalyani, and Dankuni to Raghunathpur, which would help to create many ancillaryand generate huge employment opportunities across the state.

” Many industries will be coming up there in the near future as the state is not just the gateway to eastern India but the Gateway to the world,” she said while addressing a real estate session organised by CREDAI here in the city.

She pointed out that a number of countries have reviewed the situation and their target for investment in Kolkata and other economically important areas of the state.

” In the past two years,Rs 40,000 crore has been invested in the real estate sector and each progressing year the investment increases by 10 percent with over 44 lakh employees engaged in this sector,” the CM said

A joint survey conducted by CREDAI, Colliers India, and Liases Foras has stated that Kolkata witnessed the steepest rise in the country leaving cities like Delhi, Bengaluru, and Mumbai behind.

Banerjee rejected claims from some quarters that the state has no development and labelled it with violence only.

” Bengal is consistently defamed due to insistence and political interventions from some quarters to label it as a state with no development and only communal riots. This is absolutely wrong. If you come to the field, you will see Bengal is No.1 in every walk of life. Even when it comes to Ease of Doing Business, we are the best,” the CM said.

For Ease of Doing Business, the state has the land use policy, land map, and several online facilities for investments.

” During the pandemic, the real estate sector took a hit for 2-3 years. To overcome the situation the stamp duty was reduced by 2 pc and circle rates by 10 pc, which greatly helped the real estate sector to not only mitigate the adverse effects of Covid but also witness unprecedented growth in West Bengal, Banerjee added.

She also informed that the government has changed land policy, like instead of leasehold now providing freehold, meant that industrialists are free to work as it would generate business for the state.

” For instance, in the tea industry, we give 15 pc of the land for tourism purposes.Big hotels are set up in the Makaibari Tea Garden. This will develop tea garden areas. Darjeeling, Kalimpong, Kurseong, Alipurduar and Jalpaiguri.

“The freehold policy will give you the freedom so you are not made to go around in circles and receive combined clearance, ” she said.

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