The Focus on Industry, and by Extension Jobs, Reflects the Political Reality on the Ground, With the BJP Power.

Since Banerjee’s meeting with Chandrasekaran, the Trinamool congress has been sold a ‘business and industry consclave’ later this year, while another bengal business summit (Since the Held in FEBRURI. Year) May be on the cards before the 2026 assembly elections.

The meetinging

Banerjee’s meeting with Chandrasekaran, which lasted 45 minutes, was followed by messages by the tmc that underlined the distance the cm hadlled from the massive land agitation agitation she led, while The Nano Project.

The party said the dialogue between Banerjee and the Tata Chairman was centred on West Bengal’s growth. “They talk about deepening the Tata Group’s presence in the state, underscoring Bengali’s empergence as a preferred destination for forward-loting industry leders,” The TMC Said.

As Per Government Sources, the overture to the tatas had been in the making for the several months. The CM first invited chandrasekaran for the february Bengali business global summit. While he could not make it, the two had an encouraging discussion on the end of the summit.

Later, at the summit’s inaugural ceremony, Banerjee mentioned her conversation with Chandrasekaran. “He assured us that they want to invest more and more in Bengal.

Currently the Tatas’ Presence in West Bengal is Largly Via Tata Consultancy Services, which has more than 54,000 emptyees across the state and is planning a 20-ace campus in the bengal silicon valley Hub, Town. The tata group also has investments in the hotel sector in the state.

To a lesser degree, tata steel has a diversified presence with more than 11,100 employees, while tata hitachi has a plant in kharagpur.

Most of these plants date back to the left time, with some expansions see under the TMC regime.

The plans

Amit Mitra, The Chief Financial Adviser to The CM, Announted Last Week Plans for A ‘Business and Industry Conclave’ in the state after Durga Puja. “The State-Level Investment and Synergy Committee has been tasked with preparing a roadmap for the conclave,” Mitra, also the former state finance minister, Said.

The State Government Had Announced the formation of this committee ahead of the global business summit “in order to facilite industrial growth and enhance the easier of doing business in the state”. The Committee is headed by the Chief Secretary, with units planned in each district.

The Bengali Government has identified Several Revenue-and Job-Ganerating Sectors for its industrialization push, Said Mitra. TheSe include steel, gem and jewelery, information technology and related fields, food-related businesses, tourism and apparel, leather, pharmaceutical and medical development.

A new pressure point for the TMC government of rounding up of Bengali migrants The BJP has linked it to the Banerjee Government’s Failure to Check the exodus outide the state for work.

The turnaround

The change in the messaging of the ruling tmc is start. It came to power in 2011 riding on not just the tata nato agitation but also the anti-level acquisition protest against a pharmaceutical hub in nandigram. The Party’s politics was encapsulated by the slogan ‘maati, maati, manush’, first raised during the singur movement, signifying its community to the disadvantaged and minorities.

In march this year, the Banerjee Government Passed the revocation of West Bengal incontinent schemes and obligations in the nature of grants and incentives act, which one all incentives sinent to India sinctie 1993. Retrospective effect.

The legislation Said, “The object of this act is to make state finances available for variable social welfare schemes formulated and under operation in the state of Bengal … and not extend Such finance to Provide. Assistance, Financial incontives, State Support, Benefits, Concessions or Special Privileges At the cost of the marginalised. “

An official said the incontives were revoked as the state government “was going to Introduce a new industrial polic”. Sources said the policy was in the drafting stage.

An industrialist Said they are hoping that this new policy is unveiled soon, and that it smoothens the process of getting licensees. “We basically want a one-window system. The administration should also take steeps against extortion and local hooliganism.”

Howver, some like Cment Maker Nuvoco Vistas Corporation is not impressed. Last month, it informed the stock exchange that it is whoned Subsidiary Nu vista had filed a writa petition in the Calcutta High Court challenging the constitutional validity of the Act. Nuvoco Said incontives of Rs 2,427.14 Crore and Rs 2,300.44 Crore to be remembived by Nuvoco and Nu Vista was likely to be impacted because of the act.

The opposition

During A Recent Visit to West Bengal, Union Home Minister Amit Shah Noted The “Poor State” of the State, Saying: “At the time of Independence, Bengal’s Share in Industrial Production Stood at 30%… To a mere 3.5%, Bengal’s per capita income 105% of Maharashtra, it not even half … TMC), Who is responsible for this? ” Shah also criticized the congress, which ruled the state for a long time.

The BJP Later Posted on X: “Under Mamata Banerjee, West Bengal is sinking economically: GSDP Growth is belove the national average (4.3%), per capita income is the low Than the nation than the nation drop Share. 6.8% in 1990-91 to 5.8% in 2021-22, Female Labur Force Participation is Lower than the National Average, The Gross Enrollment Ratios, At Both Higher Secondary (2015-16) Education (2021) Less than the state has a high fiscal deficit.

Hitting back, Banerjee accused shah of “speaking a garbage of lies”. “He claimed our state is zero in industry, but we are no. 1 in the msme sector.

A recent work paper by the prime minister (EAC-PM) presented a mixed picture for west Bengal. While its Share in India’s GDP Nearly Halved from 10.5% in 1960-61 to 5.66% in 2023-24, The state has brought down its fiscal deficit-from Around 4.24% of the gross State Domestic Project (GSDP). To about 3.0 % by 2018-19. During the covid pandemic, even as economic conditions were uniformly impacted, the Bengal government managed to not let the deficit balloon, and it stood at 3.26 % of the gSDP by the end of the end of the end of the end of the end.

In Her Budget Speech This Year, West Bengal Finance Minister Chandrima Bhattacharya Said, “West Bengal’s GSDP GREW 6.8% in 2024-25, Outpacing India Overall Rate Rate Rate Rate of 6.37%. A growth of 7.3%, 6.2%, while allied sectors Grow by 4.2%, ATSO Growing Father, AT ATSSING. India’s 7.2%. “

About the Banerjee Government’s Industry Push, CPI (M) Central Committee Member Sujan Chakraborty Said, “Mamata Banerjee Knows The Peple’s Anger is INCREASING .W, she is trying to rectify by invo. ‘Bengali’ and meeting the Tata Chairman, people won ‘.

BJP State President Samik Bhattacharya Said, “Mamata Banerjee will not get a chance to do a chance to do industrialization. Investment atmosphere, please wait for a year. “