January 5, 2019
Special focus on infrastructure at BGBS 2019
The State Government has decided to give special importance to the highly successful infrastructure sector at the fifth edition of the Bengal Global Business Summit (BGBS) from February 7 to 8, 2019.
In the current financial year, that is, April 2018 to March 2019, the government has already spent Rs 33,000 crore for developing infrastructure. The amount has been spent across the State – in gram panchayat areas, towns and cities – for constructing roads, bridges, dams, irrigation canals and various other facilities and structures.
With so much being spent, it is but natural to focus on this sector at the BGBS, where representatives from top companies across the globe participate.
To make it easier for companies in all sectors, the Trinamool Congress Government has instituted the single-window scheme, wherein all permissions like fire, water, etc. can be obtained from a single place, and most of the processes have been made online too.
In the last six years, the revenue collection and the GDP of the State has doubled. Expenditure for infrastructure creation has also increased four-fold. There has been a stellar rise in electricity consumption and production. The State economy has moved from the seventh to the second among states. 8.23 per cent of the entire country’s manufacturing is from Bangla. The GVA growth rate of Bangla is 15.5 per cent.
Source: Sangbad Pratidin
