📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Business
Bengal Chambers Urges Land and Incentive Reforms to Boost Investment
✍️ Rediff MoneyWiz
🗓 11 Aug 2026, 08:48 PM
👁 30
The Bengal Chamber of Commerce & Industry has called for comprehensive land and incentive reforms to attract more investment to the state.
On Tuesday, the Bengal Chamber of Commerce & Industry (BCCI) released a statement urging the state government to implement comprehensive land and incentive reforms to attract foreign and domestic investment.
The BCCI highlighted the need to streamline land acquisition procedures, reduce clearance times, and introduce transparent criteria for granting incentives such as tax holidays and subsidies.
Industry experts cited the slowdown in new project approvals and the perception of bureaucratic red tape as major deterrents to investors.
The Chamber believes that timely reforms could boost the state's manufacturing output, create thousands of jobs, and enhance Bengal's competitiveness in the national market.
The BCCI highlighted the need to streamline land acquisition procedures, reduce clearance times, and introduce transparent criteria for granting incentives such as tax holidays and subsidies.
Industry experts cited the slowdown in new project approvals and the perception of bureaucratic red tape as major deterrents to investors.
The Chamber believes that timely reforms could boost the state's manufacturing output, create thousands of jobs, and enhance Bengal's competitiveness in the national market.