Bengal gets investment offers worth Rs 2.5 lakh crore: CM Mamata


West Bengal Chief Minister Mamata Banerjee said on Saturday that the Bengal Global Business Summit has attracted investment proposals worth at least Rs.2,50,104, crore.

Addressing industrialists on the concluding day of the summit, in which union finance minister Arun Jaitley and Delhi CM Arvind Kejriwal also participated, Mamata said the manufacturing sector has drawn proposals valued at Rs.1,60,958 crore.

She said the proposals received covered a wide range of sectors like mining, textile, power, IT and telecom, urban development, housing, tourism, health transport and education.

“Very restrictively speaking, whatever we counted the investment proposals are not less than 2,50,104 crores,” Mamata said.

On Friday, Delhi chief minister Arvind Kejriwal had invited industrialists to invest in Delhi, pointing out that he has simplified getting government permissions “within minutes” and “that too online”.


While addressing the inaugural event of the two-day Bengal Global Business Summit in Kolkata, Kejriwal admitted that in India doing business was difficult due to the red tape. He said that was why after his Aam Aadmi Party came to power in February last year with a landslide victory he has simplify procedural formalities required for doing business in Delhi.

Kejriwal also announced that he would soon organise a business summit in Delhi.

“The more I get deeper into governance, I realise how difficult it is to do business in the country. Nani yaad aa jati hai (one gets nightmares). Don’t know how you are managing. Go to any government department, without bribe no work gets done,” Kejriwal, who shared the stage with union finance minister Arun Jaitley, said.