Mamata touts “political stability, no strikes” to draw investors.

• West Bengal Chief Minister Mamata Banerjee highlighted the state’s political stability and strike-free environment as a major attraction for investors at the 8th Bengal Global Business Summit.

• She announced the formation of a synergy committee to facilitate business ease in the State and highlighted that over 60% of the investment proposals from the past seven summits had been implemented.

• Mining will begin at Birbhum district’s Deocha Pachami coal block, with over 1 lakh people employed and several ancillary projects to come up.

• Banerjee highlighted the construction of six economic corridors and several initiatives such as the Tea Tourism Allied Business Policy, Data Centre Policy, Export Promotion Policy, and New and Renewable Energy Policy.

• She emphasized the State’s strength in promoting diversity and women empowerment through various cash incentive schemes.

• Jharkhand Chief Minister Hemant Soren expressed hope that the two States would become key investment destinations in the country.

• Industrialists praised Banerjee for organizing the event and urged Tata Group chairman N. Chandrasekaran to start a direct flight from Kolkata to Europe.