{
  "id": 18433615,
  "title": "West Bengal CM Suvendu Adhikari Unveils Investment Promotion Policy 2026, Offers Up To 120% Incentives To Boost Industrial Growth",
  "url": "https://urgent.news/2026/11/06/west-bengal-cm-suvendu-adhikari-unveils-investment-promotion-policy",
  "topic": "world",
  "section": "World",
  "published": "2026-11-06T03:19:07.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/india/west-bengal-cm-suvendu-adhikari-unveils-investment-promotion-policy-2026-offers-up-to-120-incentives-to-boost-industrial-growth"
  },
  "original_language": "en",
  "account": "On November 5, 2026, the Chief Minister of West Bengal, Suvendu Adhikari, introduced the State's new Investment Promotion Policy 2026 at Eco Park in New Town. The policy aims to create a favorable environment for investments, attract both domestic and international investments, and generate employment. Adhikari highlighted the policy's focus on heavy, medium, and small industries, transparent land allocation, and industry-friendly infrastructure.\n\nAdhikari expressed his pride in unveiling the ambitious roadmap designed to foster sustainable investment and high-value industries. He announced special incentives, up to 120 percent, for investing in plants and machinery, as well as incentives for small, medium, and large industries across various sectors. Adhikari also mentioned that the previous government had signed Memorandums of Understanding (MoUs) for infrastructure, and criticized Mamata Banerjee's government for not providing land for setting up industries.\n\nWhen asked about the Singur land dispute, Adhikari stated that 'something' will be resolved soon regarding the land. He mentioned that discussions were underway with the Ashok Leyland group to establish a significant unit on the abandoned Tata land at Singur. However, Adhikari did not provide further details until the situation is finalized.\n\nThe Chief Minister also announced that the government had spoken to Ashok Leyland regarding a Rs 650 crore investment in Singur. He assured that the government would neither use police force to evict landowners nor resort to violence against farmers, as previously done. Adhikari emphasized that the current government would not employ tactics similar to those employed by the Trinamool Congress (TMC) government during its tenure.\n\nCritiquing the previous government, Adhikari dismissed any 'gimmicks' or superficial promises made by the TMC. He acknowledged the high unemployment rate among young people and the exodus of migrant workers seeking employment opportunities. Adhikari mentioned that the government was in talks with HUDCO, NABARD, and the Asian Development Bank (ADB) for funds to purchase land. He proudly stated that the government already possessed land in Haringhata and Panagarh, and within the next few months, it would have a capacity of Rs. One lakh crore to initiate and support new ventures.",
  "summary": "Kolkata: The West Bengal government on Thursday released a new investment policy of the state to attract investment. In the presence of the Hon’ble Chief Minister, Shri Suvendu Adhikari, the ‘West Bengal Investment Promotion Policy, 2026’ was formally launched today. The policy aims to create a conducive investment environment in the State, attract domestic and international investments,……",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Hindu",
        "title": "West Bengal govt’s new investment policy promotes job-linked growth, incentives for plant and machinery",
        "url": "https://urgent.news/2026/11/05/west-bengal-govts-new-investment-policy-promotes-job-linked-growth",
        "published": "2026-11-05T21:47:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}