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Bengal govt plans to attract ₹37,000-cr investment through textiles parks

Related Keywords: ambitious plan to attrat investment, boost textile sector, chief minister, facilitate business, Hosiery Park, Integrated textile park, issue provisional certificate of clearance for projects, knitwear garment Park, Mamata Banerjee, provide employment, through textile clusters or parks, trade licenses, West Bengal government

The West Bengal, Chief Minister Mamata Banerjee on Monday announced that in a bid to facilitate business in the state, the government has made an ambitious plan to attract around ₹37,000 crore in the State through 10 textiles clusters or parks.

The proposed projects planned which includes setting up of parks to fetch a total estimated investment of more than ₹37,000 crore to boost the textile sector and these will also provide employment to 6 lakh people.

Bengal jute industry faces another blockade as Punjab declines to buy jute bags

Related Keywords: annual jute production, Bengal jute industry, Indian jute mills association, jute bags, Mamata Banerjee, plastic bags, Punjab Government

The Indian Jute Mills Association efforts to reinforce the jute industry which is heading toward debacle seems to have failed as Punjab, the highest consumer of jute bags has deciding not to buy about two lakh bales or about 4 percent of Bengal’s annual produce. This is an immense blow of state’s labour intensive industry that is weighed down by rising stocks, lack of orders, a number of closures and labour violence. The hassled jute industry in Bengal suffered another setback on Friday with Punjab, reluctant on buying jute bags.

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