Bengal’s land policy scaring away investors: Dasmunsi

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December 17, 2012

Raghunathpur (West Bengal) — Congress leader and union Minister of State for Urban Development Deepa Dasmunsi on Sunday alleged that the Trinamool Congress-led West Bengal government's land policy was driving away investors.

"The so-called land policy in the state is not clear on several grounds and has resulted in confusion among industrialists. As a result, people are wary of investing here," she said here.

December 17, 2012

Raghunathpur (West Bengal) — Congress leader and union Minister of State for Urban Development Deepa Dasmunsi on Sunday alleged that the Trinamool Congress-led West Bengal government's land policy was driving away investors.

"The so-called land policy in the state is not clear on several grounds and has resulted in confusion among industrialists. As a result, people are wary of investing here," she said here.

"West Bengal's land policy has created confusion among investors. Thus they are hesitant of investing here," the minister said at the foundation-stone-laying ceremony of Damodar Valley Corporation's (DVC) power project in Purulia district, around 250 km from state capital Kolkata.

She warned the Mamata Banerjee government not to indulge in politics over land.

"The policy of our Congress party is clear. But those who are ruling the state with lot of vigour and energy and without much sense, I would request them not to indulge in politics over land," she said at the event.

Dasmunsi also alleged that the state was overcharging industry for electricity.

She said Bengal charged Rs.5.50 per unit for electricity supplied while rates in other states were lesser.

"DVC charges Rs.4.15 per unit and it is one of the lowest. This gives a good opportunity to supply power to industry at low cost," she added.


Courtesy: IANS