"Land is not a problem for setting up industries in the state. We have enough land to offer for setting up industrial units," Mitra said, ruling out allegations that land has been a major hurdle for setting up industries or attract investment to West Bengal.
Talking to reporters after a meeting of the Standing Committee on Industries convened by Chief Minister Mamata Banerjee, Mitra said the state land bank has a pool of about one lakh acres of land, besides over 4,000 acres with the West Bengal Industrial Development Corporation (WBIDC), which could be offered for industrial purpose.
Elaborating steps by the state government, Mitra said for Registration Certificate-I or Registration Certificate-II, procedures have been simplified to benefit the investors.
For RC-I, now an investor in medium and big sector, would require six clearances instead of 20 required earlier.
Similarly for RC-II, investors would now require only five clearances instead of 16 sought earlier, he said, adding "this will benefit the industrialisation process."
For clearance related to water to run industries, investors had to rush to the Water Resources department, but now on they would get this clearance directly from a District Level Authority following decentralisation of the procedure, the Minister said.
Later, Trade Licenses would be issued for three years after submission of all required documents.
For incentives in the MSME sector, applicants would now require to submit only EM-2 (Entrepreneur Memorandum -2) Certificate. The need for submission of eligibility and registration has been abolished, Mitra said.
The state government has also extended the time to keep shops and business establishments open from 8 AM to 10 PM instead of 7 AM to 7 PM earlier on condition that the Labour Law was not flouted, he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
