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WB gives facilitation for mega projects in new policy

WB gives facilitation for mega projects in new policy
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The new Industrial Policy 2013 of the West Bengal government is to offer facilitation for mega projects. Even the state industry praised the waiver of stamp duty and other business friendly measures announced in the policy. The Bengal Chamber of Commerce and Industry president Kallol Datta said that it is a forward looking and pragmatic policy.

The Bengal Chamber feels the final policy will boost investments to a great extent as the number of incentives in terms of VAT refunds, waiver of stamp duty, and registration and electricity duty have been exhaustively offered.

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