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West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled
The Supreme Court on Monday said that a nine-judge Constitution bench will commence hearing on the contentious issue pertaining to the definition of the word 'industry' under the Industrial Disputes Act, 1947 from March 17. A bench of Chief Justice Surya Kant, and Justices Joymalya Bagchi and Vipul M Pancholi formulated questions for consideration. The top court asked parties to update their written submissions or submit additional fresh written submissions on or before February 28, 2026. It clarified that matter will be heard on March 17 and 18. "In our considered opinion, we have to adjudicate following issues: Whether test laid down in para 140 to 144 by Justice V Krishna Iyer in Bangalore water supply case on whether enterprise falls within definition of Industry lays down correct law? "Whether the Industrial disputes amendment act 1982 had not seemingly come into force and industry code had any legal impact on the expression 'industry'," the bench said. The top court said it