WB assembly passes WBSC & ST & OBC Dev Fin Corporation Bill

Image
Press Trust of India Kolkata
Last Updated : Aug 11 2017 | 7:57 PM IST
The West Bengal state assembly today passed the West Bengal Scheduled Castes and Scheduled Tribes and Other Backward Classes Development and Finance Corporation Bill, 2017.
The objective of the bill is to merge the existing West Bengal Scheduled Castes and Scheduled Tribes Development and Finance Corporation and the West Bengal Backward Classes Development and Finance corporation for better functioning and welfare of the scheduled castes, scheduled tribes and backward classes of the state.
"This merger is being done in the public interest to cater to the welfare of the SC, ST and OBC communities from a single window with a view to smooth running of the administration," state Backward Classes Welfare department minister, Churamani Mahato told reporters after the passage of the bill.
When asked whether there will be any job loss as two corporations are being merged, Mahato said, "no one will lose their jobs. The merger is done for better functioning so there is no question of employees losing their jobs".

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 11 2017 | 7:57 PM IST

Next Story