IT sector in Bangla: Improving in leaps and bounds

The information technology sector in Bangla has progressed in leaps and bounds under the leadership of Chief Minister Mamata Banerjee. The Trinamool Congress Government has created a favourable environment for the growth of the sector and its related industries in Bangla.

This is evident from a comparison of the achievements of the Information Technology & Electronics Department in 2010-11, which was the last year of the Left Front rule, and 2017-18:

· Plan Budget of the department: More than doubled, from Rs 93.7 crore to Rs 201.53 crore, signifying an increased focus on the information technology and electronics sector;
· Software export turnover: Grew by almost 2.5 times, from Rs 8,500 crore to Rs 21,000 crore. Bangla is thus gradually turning into a hotbed of cutting-edge technology;
· Employment in IT sector: Significant rise from 90,000 to 1.5 lakh, ushering in a tech-savvy generation
· Investment for creation of IT hardware clusters: Nil earlier to Rs 14.86 crore; thus, the State Government, for the first time, under the direction of Trinamool Congress, is focussing on the creation of hardware clusters
· Investment for creation of IT parks: Grew by more than 16 times, from Rs 37.18 crore to Rs 612.11 crore, thus bringing about an unprecedented focus on infrastructure creation – 15 IT parks have been completed and 10 more are under construction.

Under the direction of Mamata Banerjee, the department is bringing about an all-round development, opening numerous employment opportunities, both in software and hardware.

Rs 26000 crore investment in MSME and Textile sector: WB CM

West Bengal Chief Minister Mamata Banerjee said that her government had initiated a plan to invest over Rs 26,000 crore for the development of MSME and Textile sector.

She also said that a separate textile policy of state was being formulated by the government.

Replying to a question in the state Assembly, Banerjee said that under the plan MSME projects would be set up in joint ventures or through PPP model creating employment opportunities for six lakh people in the state.

The state government had earlier generated employment of 4.56 lakh people in the MSME sector in the last four years.

With this initiative there would be a massive improvement in the MSME sector and definitely the units like handloom, hosiery, zari and many other units, she said.

Replying to a supplementary, Banerjee said that since 2006 the previous Left-led regime had been able to set up only 49 MSME clusters with an investment of Rs 16,764 crore, but in the last four years her government set up 180 MSME units covering many districts with an investment of Rs 55,740 crore.

Describing development as a continuing process, the chief minister said that the state government has established synergies and offered comprehensive package to the investors in the MSME and textile sector.

With the setting up of new textile policy, the sector would also improve much faster. The state government is committed to promote MSMEs in the state by creating a sustainable financial ecosystem for the sector.

Considering the rapid growth of MSMEs in the state, the MSME & Textiles Department has already launched a Rs 200-crore Venture Capital Fund.

Replying to another supplementary, Ms Banerjee said that many more MSME clusters would come up in the state covering several districts to boost the sector.

 

Image courtesy: Anirban Mukhopadhyay