30 August, 2014 19:41 IST
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Not happy with existing land policy in Bengal, says FICCI
Source: IRIS (20-NOV-12)
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The Federation of Indian Chamber of Commerce & Industry (FICCI) on Wednesday said it was not happy with the existing land policy in Bengal which negates the state`s role in procuring land for private industry.

FICCI president RV Kanoria said the state government should focus on boosting agricultural productivity than preserving agriculture land.

``Dependence on agriculture must be reduced for the overall development of the economy. By blocking land acquisition for industry, the state is not doing justice to agriculture. For industrial development, land acquisition is a must,`` he said.

Naina Lal Kidwai, FICCI`s president-elect, hinted that the credit deposit ratio in Bengal cannot improve without big ticket investments since industrial health determines growth.

FICCI bosses, however, praised CM Mamata Banerjee for bringing about a sea change in the work culture and law & order. ``The chief minister has a positive attitude and wants to attract investments,`` said Kanoria.

Mamata claimed that the total number of man-days lost has come down to a mere 5,200 from the staggering 6.5 million in 2010-11.

Kanoria said FICCI would like to partner the state government in various sectors including textile, tourism and entertainment.

``Bengal has cheap labour. Technology is also available here. We will help the state develop its industry. We are very much interested in tourism and entertainment sector. The state has some wonderful beaches and most of them are yet to be explored,`` Kanoria added.


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