"There were around 90 PSUs and corporations in the state which were sick and needed to be restructured. After restructuring their number has come down 44. There has been no job cut," Banerjee said in a state Assembly.
For example West Bengal Backward Classes Development & Finance Corporation will be merged with the West Bengal Scheduled Castes &Scheduled Tribes Development &Finance Corporation.
The West Bengal Fisheries Corporation Limited to be merged with the State Fisheries Development Corportion Limited.
Banerjee also announced that the state government has decided to increase the salary of MLAs by Rs 5 thousand every month.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
