Tanmay Mondal
IIM graduate, Batch of 2014
The Department of Commerce and Industries is responsible for the promotion and regulation of industries, trade and commerce in the State of West Bengal. With the progressive liberalization in the Indian economy, the role and functions of the department have increased many folds. Instead of bringing new industries and focusing on creating healthy environment for business in the state the previous government was busy in closing existing industries.
Several major initiatives have been taken in last 34 months by the present government; as a result new industries are showing their interest to enter West Bengal.
Reconstitution of Core Committee
Core Committee has been re-constituted, comprising representatives from the Chambers of Commerce and the Honorable Chief Minister as its Chairperson. The main objective of this Committee is to implement industrial projects and immediately solve problems relating to industry.
Single-Window Shilpa-Sathi
According to existing procedures, investors need to submit an array of application forms to different government departments to get relevant licenses and registrations. It often results in un-necessary delays due to lack of inter- departmental co-ordination.
To assist the investors in setting up industries in West Bengal, the Government of West Bengal has launched Shilpa Sathi where an investor can submit a Common Application Form in the Single Window Cell at WBIDC.
New Industrial policy and interesting incentives
• New Industrial Investment policy proposals are now performance-based and incentive-driven.
• Since May, 2011, Rs 528.22 crore has already been paid as incentive.
Investment proposal and implementation
The department of Commerce and Industry has received investment proposals from different companies including Steel Authority of India Ltd, Matrix Fertilizers and Chemicals, Great Eastern Energy, Ultratech Cement, Reliance Cement, Emami Cement, ACC, BAPL, ESSAR and the total estimated investment is around Rs 1,40,000 crore, out of which Rs 78,000 crore investment proposal are in progress.
Transparency in distribution of lands for industries
• 39 plots (1,829.68 acres) have been distributed by Industrial Development Corporation.
• 15 modules (1, 78,853 sq.ft.) have been distributed by Industrial Development Corporation.
• The proposed investment is Rs 17,744.8 crore and proposed employment is 47,650.
• In the year 2012-13, Rs 10.49 crore subsistence allowance has been dispensed to landless families of Singur.
14 Y Clearances
According to 14Y clause of the WBLR Act, clearance has already been provided to 14 projects, and 13 more projects will get recommendation soon, as a result the proposed investment will be Rs 67000 crore. The State government has launched an attractive incentive scheme, through which more assistance will be provided in a specified time frame.
Remarkable strides made by big industries in the state
Upcoming big projects are: BAPL, Matrix Fertilizers and Chemical Ltd., South Asia Rubber and Polymers Ltd., Bengal Shipyard, Great Eastern Energy Corporation Ltd., Ultratech Cement Ltd., ACC Ltd., Patton International.
Present and upcoming industrial parks
• The Plasto Steel Park, Barjora; Panagarh Industrials Park, Panagarh; Vidyasagar Industrials Park, Kharagpur; Food Park, Sankrail; Garment Park, Beleghata; Shilpangan– light engineering park, Salt Lake.
• New Industrial Park proposed by West Bengal Industrial Development Corporation will be established at Goaltor, Haldia, Budgebudge and Ankurhati.
• The plot/site booking is going on for the required land for Food Park, Phase III at Sankrail, Howrah and Gems and Jewellery Park at Ankurhati.
• A rubber park is being established on a 95 acre site at Domjur, Howrah. The proposed investment for the park is Rs 1500 crore and proposed employment is 10000.
• Foundry Park is being established on a 924 acre site at Ranihati, Howrah. The proposed investment for the park is Rs 2500 crore and proposed employment is 30000.
• In order to implement Chemical Park project at Howrah, the West Bengal Industrial Development Corporation has proposed for a special purpose vehicle.
• The Growth Centre for the West Bengal Industrial infrastructure Development Corporation is operational in Coochbehar, Raninagar, Dabgram, Malda- I and II, Bishnupur, Kalyani I, II and III, Kharagpur, Uluberia, Haldia and Falta I and II.
• The West Bengal Industrial Infrastructure Development Corporation has proposed for new industrial park at Guptamoni, Haringhata (Nadia), Falta and Coochbehar.
West Bengal Mineral Development and Marketing Corporation
The WBMTDC has increased the production of Black Stone Mining at Trans-Damodar Coal Mine Project in Barjora, Bankura, at Panchami and Hathgacha-Jethia in Birbhum and at Palsara in Purulia.
Creating infrastructure for enhancing international business
• Providing more than Rs 50 crore in various projects such as Land Customs Station, Tissue culture project at Phulbari and Hili in Dakshin Dinajpur.
• The Land Customs Station has been working at Phulbari at India-Bangladesh border since 2012-13.
Enhancement of effort
Development programs have been organized through participation in various programs such as Bengal Leads, India International Trade fair, Pragati Utsav and Mati Utsav.
IIM graduate, Batch of 2014
The Department of Commerce and Industries is responsible for the promotion and regulation of industries, trade and commerce in the State of West Bengal. With the progressive liberalization in the Indian economy, the role and functions of the department have increased many folds. Instead of bringing new industries and focusing on creating healthy environment for business in the state the previous government was busy in closing existing industries.
Several major initiatives have been taken in last 34 months by the present government; as a result new industries are showing their interest to enter West Bengal.
Reconstitution of Core Committee
Core Committee has been re-constituted, comprising representatives from the Chambers of Commerce and the Honorable Chief Minister as its Chairperson. The main objective of this Committee is to implement industrial projects and immediately solve problems relating to industry.
Single-Window Shilpa-Sathi
According to existing procedures, investors need to submit an array of application forms to different government departments to get relevant licenses and registrations. It often results in un-necessary delays due to lack of inter- departmental co-ordination.
To assist the investors in setting up industries in West Bengal, the Government of West Bengal has launched Shilpa Sathi where an investor can submit a Common Application Form in the Single Window Cell at WBIDC.
New Industrial policy and interesting incentives
• New Industrial Investment policy proposals are now performance-based and incentive-driven.
• Since May, 2011, Rs 528.22 crore has already been paid as incentive.
Investment proposal and implementation
The department of Commerce and Industry has received investment proposals from different companies including Steel Authority of India Ltd, Matrix Fertilizers and Chemicals, Great Eastern Energy, Ultratech Cement, Reliance Cement, Emami Cement, ACC, BAPL, ESSAR and the total estimated investment is around Rs 1,40,000 crore, out of which Rs 78,000 crore investment proposal are in progress.
Transparency in distribution of lands for industries
• 39 plots (1,829.68 acres) have been distributed by Industrial Development Corporation.
• 15 modules (1, 78,853 sq.ft.) have been distributed by Industrial Development Corporation.
• The proposed investment is Rs 17,744.8 crore and proposed employment is 47,650.
• In the year 2012-13, Rs 10.49 crore subsistence allowance has been dispensed to landless families of Singur.
14 Y Clearances
According to 14Y clause of the WBLR Act, clearance has already been provided to 14 projects, and 13 more projects will get recommendation soon, as a result the proposed investment will be Rs 67000 crore. The State government has launched an attractive incentive scheme, through which more assistance will be provided in a specified time frame.
Remarkable strides made by big industries in the state
Upcoming big projects are: BAPL, Matrix Fertilizers and Chemical Ltd., South Asia Rubber and Polymers Ltd., Bengal Shipyard, Great Eastern Energy Corporation Ltd., Ultratech Cement Ltd., ACC Ltd., Patton International.
Present and upcoming industrial parks
• The Plasto Steel Park, Barjora; Panagarh Industrials Park, Panagarh; Vidyasagar Industrials Park, Kharagpur; Food Park, Sankrail; Garment Park, Beleghata; Shilpangan– light engineering park, Salt Lake.
• New Industrial Park proposed by West Bengal Industrial Development Corporation will be established at Goaltor, Haldia, Budgebudge and Ankurhati.
• The plot/site booking is going on for the required land for Food Park, Phase III at Sankrail, Howrah and Gems and Jewellery Park at Ankurhati.
• A rubber park is being established on a 95 acre site at Domjur, Howrah. The proposed investment for the park is Rs 1500 crore and proposed employment is 10000.
• Foundry Park is being established on a 924 acre site at Ranihati, Howrah. The proposed investment for the park is Rs 2500 crore and proposed employment is 30000.
• In order to implement Chemical Park project at Howrah, the West Bengal Industrial Development Corporation has proposed for a special purpose vehicle.
• The Growth Centre for the West Bengal Industrial infrastructure Development Corporation is operational in Coochbehar, Raninagar, Dabgram, Malda- I and II, Bishnupur, Kalyani I, II and III, Kharagpur, Uluberia, Haldia and Falta I and II.
• The West Bengal Industrial Infrastructure Development Corporation has proposed for new industrial park at Guptamoni, Haringhata (Nadia), Falta and Coochbehar.
West Bengal Mineral Development and Marketing Corporation
The WBMTDC has increased the production of Black Stone Mining at Trans-Damodar Coal Mine Project in Barjora, Bankura, at Panchami and Hathgacha-Jethia in Birbhum and at Palsara in Purulia.
Creating infrastructure for enhancing international business
• Providing more than Rs 50 crore in various projects such as Land Customs Station, Tissue culture project at Phulbari and Hili in Dakshin Dinajpur.
• The Land Customs Station has been working at Phulbari at India-Bangladesh border since 2012-13.
Enhancement of effort
Development programs have been organized through participation in various programs such as Bengal Leads, India International Trade fair, Pragati Utsav and Mati Utsav.
