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Politics
West Bengal Considers Pooling Closed PSUs and Sick Firms into Land Bank
✍️ The Economic Times
🗓 02 Oct 2026, 08:37 PM
👁 7
The West Bengal government is exploring a plan to merge closed public sector undertakings and sick companies into a land bank, aiming to streamline asset management and boost revenue.
The West Bengal government is exploring a plan to merge closed public sector undertakings and sick companies into a land bank, aiming to streamline asset management and boost revenue.
The proposal would consolidate land holdings of defunct entities, enabling better utilization and potential sale.
By pooling these assets, the state hopes to reduce liabilities and improve transparency in handling dormant properties.
The plan is still under review, with no final decision yet; it is expected to be discussed in an upcoming cabinet meeting.
The proposal would consolidate land holdings of defunct entities, enabling better utilization and potential sale.
By pooling these assets, the state hopes to reduce liabilities and improve transparency in handling dormant properties.
The plan is still under review, with no final decision yet; it is expected to be discussed in an upcoming cabinet meeting.