Overview
- The state cabinet cleared the draft industrial policy on Wednesday and scheduled Chief Minister Suvendu Adhikari to unveil it from Nabanna on November 5.
- The policy promises a package of incentives, a faster single-window clearance system that bundles approvals into one process, and stricter land-allocation rules to ensure allotted land is used for industrial projects.
- Government statements present the plan as a way to cut bureaucratic red tape, attract new investors and generate large-scale permanent employment.
- Ministers also approved renaming a farmer-support scheme and ordered a direct-transfer payout for registered farmers on November 5, though published accounts conflict on the exact payment amount and beneficiary count.
- The draft was prepared by a group of ministers from June under the direct supervision of the chief minister and industries minister and follows the Adhikari administration’s post-May 9 push to speed fund releases and revive industry in districts such as Hooghly and Bankura.