CM Mamata forms state-level committee to fast-track investment approvals in Bengal

West Bengal Chief Minister Mamata Banerjee has officially announced the creation of a State-Level Investment Coordination Committee aimed at expediting the approval process for investment projects in the state. The committee will oversee coordination across several departments, including Fire Services, Environment, Land Revenue, Finance, Housing, and Industry. Its primary objective is to eliminate bureaucratic delays and ensure that investment approvals are granted swiftly, thus fostering a more business-friendly environment in West Bengal.

The committee will be chaired by Chief Secretary Manoj Pant and will consist of 16 members, including senior secretaries from key departments such as Industry, Finance, and Energy. The committee is tasked with meeting every 14 days to monitor progress on ongoing investment projects, identify potential hurdles, and resolve issues promptly. By ensuring that inter-departmental coordination is streamlined, the committee will aim to prevent delays that could impede the approval process for critical business ventures.

Additionally, the committee will include top police officials to address any security-related concerns that may arise during the implementation of large-scale projects. This inclusion highlights the committee’s comprehensive approach to investment facilitation, ensuring not only regulatory smoothness but also safety and security for businesses. The state government intends for this initiative to enhance the overall efficiency of the approval process, thereby increasing investor confidence and contributing to job creation, industrial growth, and economic development in the state.