May 21, 2014
Bengal receives investment worth Rs 500 crore, over 1.5 lakh farmers will be benefitted
The West Bengal Cabinet met earlier todaywhere several pending investment proposals were cleared. Dr Amit Mitra, theMinister for Finance and Commerce and Industry, held a press conference afterthe meeting and informed the press about the projects that have been cleared.
The Gems & Jewellery Park in Ankurhati,Domjur has already received 32 applications from investors, out of which 5 havealready been cleared, the Industry Minister said. 25,000 sq feet modules ofland have already been allotted for the project. The 32 applications wouldrequire another 1. 25 lakh sq feet space in the said park. A new tower will be set up to meet the futuredemands.
The biggest investment cleared today was forVidyasagar Industrial Park in Kharagpur, where Biyani Group will invest Rs 500 crore.15,000 people will be employed in this food processing unit in the first phase.Around 1.5 lakh farmers will be benefitted by the Mega Food Park at Kharagpur.Around 25 companies will be a part of this food park.
The Food Parks in phase II and III havealso received 14 investment applications. Sugar & Spice has been allottedspace in Food Park III at Sankrail and will provide employment to at least 500people. The Rishi Bankim Industrial Park in Naihati has received a proposal foranimal feed.
Due to the two and a half month long LokSabha elections and Model Code of Conduct, the administrative decisions werepending. This is the first time the Cabinet met after Model Code of Conductlapsed.