Following the footsteps of Maharashtra and Gujarat, the West Bengal government has unveiled its draft industrial policy after a long wait on May 18, to woo entrepreneurs by showcasing the state as an attractive investment destination. The policy stressed on sustainable development of labour-intensive micro, small and medium enterprises (MSMEs), with special emphasis on food processing and agro, textiles and apparel, leather and handicrafts.
The irregular supply of duck feathers is leading to a decline in the growth of the shuttlecock manufacturing industry in Uluberia town, West Bengal. This has been affecting the industry in a big way, and hampering the smooth flow of work.
Despite lacking in infrastructure, the manufacturers in the footwear industry in Rajabazar, West Bengal, are making their presence felt in several parts of the country and the world. The industry is fast growing, and is progressing in terms of exports.
Poor working conditions and low worker wages have been causing a decline in growth in the hosiery industry in Sovabazar, West Bengal. The industrialists are facing problems due to the lack of infrastructural facilities in the sector.
Unhealthy price competition among the industrialists has been causing major problems in the rubber industry in Raghudevpura, West Bengal. This has been affecting work and growth in the industry.
In an effort to mop up additional revenue for the debt-stressed state, West Bengal Finance Minister Amit Mitra Monday raised both the minimum and upper ceiling on Value Added Tax (VAT) by one percentage point each in his budget for 2013-14.
While microfinance institutions in Andhra Pradesh continue to be at a standstill, the industry has witnessed decent growth in the rest of the country, a report said Tuesday.
West Bengal has demanded the central government raise the dual control threshold of the centre as well as states in collection of proposed GST for the traders, state Finance Minister Amit Mitra said Sunday.
In a bid to lure international travellers into experiencing West Bengal's culture and heritage, the state tourism department is set to launch a mega tea tourism project in Sylee, an official said in Kolkata on Thursday.
Scarcity of water and unavailability of coal at cheap prices is hampering the growth of the roofing tiles industry in Bankura, West Bengal. These factors have become major hurdles in the smooth flow of operations in the industry, according to manufacturers.