WB Govt to evacuate non-starters from industrial parks

Press Trust of India  |  Kolkata 

The government is working out a strategy to evacuate those who were allotted plots at industrial parks but have not started operations, the state Bharti said here today.

Bharti said that the was counting on to become the of a "spectacular growth" of the state and a steady and sustainable source of jobs for thousands of young men and women.

The programme was organised organized by the CII as part of an exercise to create a comprehensive platform for stakeholders to ensure easy and hassle-free capital for in the state.

Bharti said that focussing on the betterment of the is trying to provide them with innovations in strategy, help from the private sector and facilitation by the industry associations and chambers.

It would also host a two-day mega Conclave here on August 20 to promote the MSMEs in the state to the next level of growth and excellence and help them get finance, technologies and wider markets.

The Conclave would focus on lean manufacturing, rural entrepreneurship, SME listing (Initial Public Offering), export orientation for MSMEs, and institutional strengthening, he added.

Tojo Banerjee, vice-president, said the stock exchange has created a platform 'Emerge' for small and medium enterprise listing and IPO.

The platform was started in 2012 and till now more than 160 companies, including six from West Bengal, have raised capital on the it, he added.

Siva Kumaravel, General Manager, Syndicate Bank, stressed the need for an open and fair relationship between banks and businesses, while Pankaj Bajaj, CII Eastern Region MSME Subcommittee called for robust support structure relating to mentoring, financing, quality standards, marketing inputs and for MSMEs.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 28 2018. 21:30 IST