Huge investments announced at BGBS 2016

A lot of investments were announced by top industrialists at the Bengal Global Business Summit 2016.

Here is a list of some of the big investment decisions announced.

However, this is just a partial list. There will be thousands of crores more worth of industrial investments, many of which are on the way to being finalised.

 

Sector-wise investment break-ups:

  • Manufacturing and infrastructure development – Rs 1,16,958 crore (TCG – Rs 20,000 crore, Zhongtong Bus – Rs 1500 crore, Sree Cement – Rs 500 crore, Ambuja Cement – Rs 350 crore, Great Eastern – Rs 1700 crore, and others)
  • Power – Rs 8462 crore
  • Animal Research Development – Rs 45 crore
  • Fisheries – Rs 115 crore
  • Transport – Rs 9384 crore (logistics park in Baidyabati – Rs 5000 crore, Howrah freight terminal – Rs 2000 crore, and others)
  • Tourism – Rs 450 crore
  • Food Processing – Rs 230 crore
  • Urban Development – Rs 29,000 crore (Ambuja Township near Baruipur and 16 other townships)
  • Higher Education – Rs 2150 crore (Amity University – Rs 2000 crore, and others) IT and Telecom– Rs 8650 crore (Airtel – Rs 3500 crore, ITC Infotech – Rs 1650 crore, and others)
  • MSME – Rs 50,000 crore
  • Healthcare – Rs 1360 crore
  • Technical Education – Rs 2500 crore
  • Textile – Rs 50,000 crore
  • Transport – Rs 9384 crore

 

Other investments

  • Deep sea port at Sagar Island (Bhor Sagar) – Rs 40,000 crore
  • SAIL – Rs 40,000 cr expansion project
  • Druk Air will soon start flights from Bhutan linking Andal and Durgapur
  • Zhongtong Bus & Holding Company of China signed its first anchor investment deal with WBIDC, where each would have an 11% stake; it will start manufacturing buses in Bengal.
  • MoU between Calcutta Goods Transport Association and the State Transport Department for a Rs 5000 crore project in Baidyabati, which would employ 10,000 people. It would be the biggest metropolitan logistics hub in greater Kolkata
  • MoU between WBMDTC and KIOCL for exploration, extraction and benefication of iron ore in West Bengal to invest Rs 850 crore
  • Bosch will crowdfund technology to decongest traffic
  • MoU between business consulting firm, Dynamics Fortunes of the UK and the State Agriculture Ministry to promote rice from West Bengal. It would benefit one lakh farmers
  • The Department of Technical Education signed six agreements – with Iron and Steel Council, Tata Steel, Maruti Suzuki, Leather Sector Skill Council and Tourism & Hospitality Skill Council – to benefit two lakh people
  • Hotels at the eco-tourism of Gajaldoba: Three-star resort by Sterling Holiday and two budget hotels by Summit Group and Seal Group
  • Shapoorji Pallonji & Co. Ltd. will make 2000 dwelling units for the weaker sections of society in Durgapur, their largest such project. Three thousand more such units would be constructed in the future
  • Mahindra & Mahindra will invest for the first time in West Bengal, in Vidyasagar area of Kharagpur
  • Joint venture between HP and WBHIDCO to set up two telemedicine hubs via remote consulting. This would be a part of HP’s CSR activities
  • MoU between the National Institute of Electronics and Information Technology (Government of India) and WEBEL in order to train two lakh youth in six centres over a period of three years

 

Cruise service connecting Kolkata to Murshidabad flagged off by WB CM

West Bengal Chief Minister Mamata Banerjee flagged off the Ganges Voyager-II cruise at the Millennium Park from Salboni through video-wall connectivity on Wednesday. The cruise will start from Kolkata and go to Murshidabad, stopping at historical spots dotting the banks of the river.

This cruise has been started to attract prospective investors who come to the state. The seven-night and six-day trip will offer amenities like spa, bar, lounge, cafe, restaurant and a library. The ship with 28 luxury cabins of ethnic theme will be of international standard. The first commercial cruise will set sail on January 14. It is already houseful with all foreign tourists on board. Operators said their travel partners from abroad have already booked their tickets for the first four years. The cruise is slated to be the main highlight of foreign investment at the three-day Bengal Global Business Summit starting from Thursday.

The ship is built at BN Bose Shipyard in Ghushuri, Howrah. The shipyard itself is a part of the state’s heritage. It was built for Rs 25 crore.

In Bengal, Ganga has two other similar cruises – from Kolkata to Allahabad and from Kolkata to Varanasi. Such cruises are very popular at Alleppey in Kerela where tourists enjoy a cruise through the backwaters on luxury houseboats.

Bengal is the destination for industries today: WB CM at Salboni

West Bengal Chief Minister Mamata Banerjee today inaugurated a cement plant at Salboni belonging to the Jindal Steel Works Group’s.

JSW’s cement plant marks the revival of the biggest investment proposal in Bengal since Independence -Rs 35,000 crore for an integrated steel, power and cement plant -would attract over Rs 800 crore.

The company plans to set up a 2.4 MT cement grinding unit followed by a 300 MW captive power plant at Salboni, involving a total investment of Rs 2,700 crore.

Speaking on the occasion, the Chief Minister thanked the Jindals for their initiative. “Development cannot take place by force, it needs to be done with love,” she said.

“We will set up a 300 bedded multi super hospital in Salboni in addition to an ITI & polytechnic college. This area will shine in days to come,” she added.

She said that Jindals wanted to expand their industries in Salboni but iron-ore was a problem. “There should be a national iron ore policy, it will bring about parity and ease the business process,” the CM said.

Reiterating that Jangalmahal is smiling, the Chief Minister added that Bengal is surging ahead in every sphere:

  • Gross Value Added (GVA) of India is 7.5% and that of Bengal is 10.5%
  • The increase in Per Capita Income in 2014-15 in West Bengal is 12.84% while that of India is 6.1%
  • The increase in Industry in 2014-15 in West Bengal stands at 8.34% while that of India is 5.6%
  • The growth in Agriculture, Forestry and Fishery in 2014-15 has been 6.49% while that of India is 1.1%

 

She also highlighted the social sector intiatives of the state:

  • 7.7 crore people have been brought under the Food Security Scheme. Rice & wheat is being given at Rs 2 per kg
  • There are 31 lakh Kanyashrees & around 40 lakh cycles being given under Sabuj Sathi
  • 58,000 artists will get a pension of Rs 1000 as well as opportunities in government programmes

 

She concluded her speech with the hope that lives of the local people will transform in the days to come.

WB CM inaugurates Jangalmahal Utsav

West Bengal Chief Minister Ms Mamata Banerjee today inaugurated the second edition of the Jangalmahal Utsav from the Medinipur College Ground, Paschim Medinipur. The Chief Minister also distributed prizes for the Jangalmahal Cup today.

The West Bengal Chief Minister also inaugurated the 300-bedded Onda Super Specialty Hospital and Chhatna Super Specialty Hospital today from the same venue. She also inaugurated the Critical Care Units of Medinipur Medical College & Hospital and Jhargram Zilla Hospital, as well as the SNCU of the Bishnupur Zilla Hospital.

The foundation stone of the new multi-storied building  of the West Bengal Health University also be laid by the Chief Minister through remote control.

The Jangalmahal Cup was held in the four districts of Paschim Medinipur, Bankura, Purulia and Birbhum with competitions held in sports like football, Kabaddi and archery.

The Jangalmahal Utsav, to be held from January 5 – 9, 2016, will focus on tribal music, folk songs from Bengal and also showcase the handicrafts from Jangal Mahal.

Highlights of her speech:

  • I love coming to Jangalmahal to see your smiling faces. There is a lot of talent & art in this region.
  • There were more than 42,000 participants this year in the Jangalmahal Cup. Similar sports programs are held in Sunderban as well.
  • I request all the participants to register in the Employment Bank.
  • There are 31 lakh Kanyashrees & around 40 lakh cycles being given under Sabuj Sathi.
  • This year alone we paid Rs 28,000 cr for the debts taken by previous Govt. In 4 years we paid over Rs 1 lakh cr.
  • 6 Multi Super Hospitals are ready in Medinipur district alone. There will be no need to run to Kolkata with sick patients.
  • Multi Super Speciality Hospitals are being set up in Salboni, Debra, Ghatal and Gopiballavpur also besides Onda and Chatna 2 today.
  • 108 Fair Price Medical Shops are operational across the state to provide medicines at cheaper rates to the common people.
  • 9 medical colleges have been set up besides a number of ‘Mother and Child Hubs’ across the State.
  • Critical Care Unit at Medinipur Medical College Hospital & Jhargram Hospital have been set up.
  • We are providing hospital beds free of cost and free treatment for the people of this state.
  • Funds have been given for Medinipur Aurobindo Stadium, land identified and fund allotted for Kharagpur Stadium.
  • 500 Karma Tirthas set up, 7.7 cr people have been brought under the Food Security Scheme. Rice & wheat is being given at Rs 2 per kg.
  • Development of the Kendu leaf collectors have been taken up & insurance programs have been taken up for them to ensure security.
  • We are aiming to include 35 lakh girls under Kanyashree and 16 lakh students under Shikshashree.
  • This area has immense tourist potentials like Mukutmanipur, Ayodhya Hills & Jhargram Rajbari which have been developed.
  • 58,000 artists will get a pension of Rs 1000 as well as opportunities in Govt programs.
  • We have set up ITI’s in Salboni, Lalgarh, Jhargram, Keshwari, Ghatal, Garbeta & other places in Jangalmahal.
  • Polytechnic colleges have been already set up at Medinipur and Ghatal.
  • The State Government is giving out Rs 20 Lakh as loan for higher education.
  • 59,000 students belonging to minority communities have got chance to pursue higher education.
  • We have given Rs 1.24 crores as scholarship to students.
  • 70 new police stations, 8 coastal police stations, 19 human rights courts, 45 women police stations, 88 fast track courts set up.
  • The Bengal Global Business Summit will be held, Bengal will move ahead.

Ambedkar Diwas to be observed today across the State

West Bengal Chief Minister Ms Mamata Banerjee on Tuesday initiated the state-wide celebration of “Ambedkar Dibas”  in respect to the legendary figure and to commemorate his 125th birth anniversary year in a befitting manner from Goalpokhor in Uttar Dinajpur.

The celebration of Bharat Ratna Dr B R Ambedkar’s 125th Birth Anniversary will be observed across the state today at district Sadars, Sub-divisions and at Block-levels through paying floral tributes to the Father of Indian Constitution and through other programmes.

The West Bengal Chief Minister on November 27, had announced that B R Ambedkar’s 125 birth anniversary will be celebrated in every block of the state on December 30.

“In honour of the great social reformer and architect of the Indian Constitution Dr B R Ambedkar, we have decided to celebrate Ambedkar Diwas all over the state on December 30 in a befitting manner,” she said.

The Chief Minister also said that a panchayat training centre, named after B R Ambedkar, would be set up in the state. “We will institute a chair in the name of Dr Ambedkar”, she said.

North Bengal can boast of its development today: WB CM

West Bengal Chief Minister Mamata Banerjee, while addressing students and beneficiaries of `Sabooj Sathi’ at Goalpokhar in North Dinajpur on Tuesday , said, “The deprived north Bengal in the past regime can boast of its development today .”

She also stressed on development of several tourist spots in north Bengal and opening of a secretariat -Uttar Kanya -at Siliguri. She also said: “Bagdogra will get night flights from January 21.“

The West Bengal Chief Minister spoke about the formation of a university at Raiganj college which she said has helped 74% people in North Dinajpur. She also announced 84 new projects for the district.

The West Bengal Chief Minister also listed out the developmental works that her government has completed.“We are committed to provide food grains to 7.70 crore people in the state. From January 27, people will get rice at Rs 2 per kg.“

On her Facebook post, the West Bengal Chief Minister wrote:

I have launched “Sabuj Sathi” today for Uttar and Dakshin Dinajpur from Goalpokhor and Tapan.

Thousands and thousands of my dear school-going children received cycles.

Many new projects were also flagged off and several thousands of beneficiaries received benefits under government schemes.

The new administrative building of Science and Technology Department in Bidhannagar was also inaugurated by me today. I have named it “Vigyan Chetana Bhaban”.

Today, I also initiated the state-wide celebration of “Ambedkar Dibas” on December 30 in respect to the legendary figure and to commemorate his 125th birth anniversary year in a befitting manner.”

We are reviving folk art of Bengal: WB CM at Lok Sanskriti Utsav

Biswa Bangla Lok Sanskriti Utsav for promoting folk artists was inaugurated today by West Bengal Chief Minister Ms Mamata Banerjee. The festival will continue till 1 January. A special floating stage has been set up at Lal Dighi near Writers’ Buildings for the event.

Two venues have been selected for holding the festival, namely Princep Ghat (4 PM – 8 PM daily) and Lal Dighi (3 PM – 6 PM daily).

Lok Prasar Prakalpa

Under the Lok Prasar scheme, folk artists are enrolled by the government, following which they perform at government programmes for publicising development works.

Folk artists receive a retainership fee of Rs 1,000, and in addition an opportunity for four performances, with Rs 1,000 paid for each. This means there is provision for a folk artist to receive at least Rs 5,000 a month.

Some popular folk dances of Bengal are Chhau, Natua, Raibeshi, Brita, Gambhira, Lathi, Santhal and Tusu, and there are around 50,000 enrolled folk artists.

Highlights of WB CM’s speech:

  • I welcome all the folk artists who have come here today from across the State and other countries.
  • Folk artists are our pride but have been neglected in the past.
  • We have registered 50000 folk artists under Lok Prasar Prakalpa. I am proud we are using folk artists for govt advertisements.
  • We are giving financial stipends to folk artists every month and they are performing at our functions.
  • The folk culture and heritage of Bengal was slowly dying but we are taking initiatives to revive them.
  • From jatra to handloom, we are helping revive the Bengali tradition and culture.
  • This year we have developed a new concept of setting up a floating stage on Lal Dighi.
  • In future we have plans to turn Lal Dighi into a cultural centre where events can take place.
  • We have worked hard to improve the infrastructure in the State.
  • Where there is peace, there is prosperity. Where there is progress, there is festivity.
  • I extend my festive greeting to all. Merry Christmas and Happy New Year to all.
  • Lok Utsav will be celebrated in every block of the State in future. What Bengal thinks today, the world will think tomorrow.

WB CM mulls eco-tourism, fisheries village at Nayachar

The West Bengal government was considering several projects, including a fisheries village, eco-tourism hub and a solar plant for Nayachar, an island on the Hooghly river in East Midnapore district, Chief Minister Mamata Banerjee said on Monday.

On Monday, Mamata Banerjee went around Nayachar with a group of industrialists trying to figure out the island’s suitability for eco-tourism or other similar projects.

Later, addressing a rally at Nandigram in East Midnapore, the Chief Minister said her government was planning to promote an eco-tourism project on the island.

“We will see what can be done at Nayachar. We are working on several ideas like a fisheries village, an eco-tourism project and a solar plant. We will discuss and take a decision,” she said.

Banerjee, however, firmly ruled out construction of a chemical hub. “We won’t allow any chemical hub there.”

WB CM plans to boost eco-tourism at Nayachar

In her three-day visit to East Midnapore, starting today, West Bengal Chief Minister Ms Mamata Banerjee visited Nayachar. The West Bengal Chief Minister traveled to Nayachar taking the water route.

The West Bengal Chief Minister was accompanied by a team of industrialists. The Chief Minister and the team of the industrialists scouted the place as a possible eco-tourism destination. From Nayachar the Chief Minister headed for Tekhali in Nandigram.

She later held an administrative review meeting at Nandigram.

On Tuesday, WB CM will attend an administrative meeting in Digha and will launch the helicopter service from there to Kolkata on Wednesday. After the launch, she will return to Kolkata in a helicopter.

Nandigram a milestone in my life: Mamata Banerjee

Chief Minister Mamata Banerjee today inaugurated 106 projects and lay the foundation stone of 42 more in East Midnapore district. She also launched the ‘Sabuj Sathi’ project in the district during a public meeting at Nandigram.

WB CM distributed different agriculture and fishing equipment, pattas, cycles, loans to the beneficiaries. Besides this, many people received financial assistance under different schemes. Students got bicycles under Sabuj Sathi scheme.

The Chief Minister laid the foundation stones for the office the district magistrate and an administrative building, water supply projects, bus stands, godowns, road projects, irrigation projects, State Welfare Home at Contai, animal welfare centres, health centres and some other projects.

The CM inaugurated Matangini Hazra Women’s College (Phase I), district training centre, water supply projects, public welfare training centre, road projects, renovation of canals, bridges, several new attractions at Digha, besides some other projects.

Highlights of WB CM’s speech:

  • We have inaugurated and laid the foundation stones for several projects in different sectors today.
  • Three new ITIs will come up in East Midnapore. 4 new multi super speciality hospitals will come up in this State.
  • We are developing Krishak Bazars for our farmers. We have given compensation to 7 lakh people after floods in Midnapore.
  • 1.5 lakh students will get cycles under Sabuj Sathi scheme in this district. By January, 25 lakh students will get cycles.
  • From 27 January, 2016, 7 crore people in Bengal will get food grains at Rs 2/kg. We are ensuring ‘Food For All’.
  • 100% coverage has been achieved for mid-day meal, rural electrification in East Midnapore.
  • 30 lakh girls have been registered under Kanyashree scheme.
  • We have registered 14 lakh SC/ST students under Sikshashree scheme.
  • We are providing loans and subsidies to self-help groups in the state.
  • I have never forgotten Nandigram. Singur-Nandigram have been milestones in my life.
  • I can never forget the sacrifices made by people of Nandigram. We can never forget the atrocities in the name of sunrise.
  • The atrocities carried out in Nandigram were a dark chapter in the history of Bengal. We will never allow them to repeat.
  • We have approved Ghatal Master Plan for flood prevention.
  • We have taken several initiatives in education sector for Nandigram.
  • We are planning to promote environment-friendly, eco-tourism at Nayachar. We will not allow chemical hub there.
  • We are allocating Rs 10 crore for a new higher secondary school here.
  • We will build a Martyr’s Memorial and a Cultural Convention Centre here.
  • It is because of your struggle that we came to office in 2011.
  • We have not achieved financial freedom till now. We increased our revenues but Centre takes away major share of our taxes.
  • The Left incurred huge debt. We inherited their legacy. Neither Congress nor BJP govt at Centre helped us.
  • We have introduced reservation for OBCs and minorities without reducing the no. of seats for general category.
  • We believe in ‘Health for All’. Beds and medicines at govt hospitals are free. We have set up fair price medicine shops.
  • The logo of Sabuj Sathi scheme was made by me. It signifies the power of youth. They will win over the world one day.
  • Despite all the financial hardships, the amount of work we have done in the last four years is unmatched.
  • আর নেই দরকার বামফ্রন্ট সরকার। চাই মা-মাটি-মানুষের সরকার।
  • ভুলতে পারি নিজের নাম, ভুলবো নাকো নন্দীগ্রাম। নন্দীগ্রামের আরেক নাম সংগ্রাম, সংগ্রাম।
  • I am happy to be back in Nandigram. Stay safe, stay healthy.