During the closing session of the seventh Bengal Global Business Summit, Chief Minister Mamata Banerjee highlighted West Bengal’s significant stride in attracting investments, revealing that the state had secured proposals exceeding ₹3.76 lakh crore. Emphasizing the magnitude of this achievement, she pointed out that this remarkable figure resulted from the signing of 188 Memorandums of Understanding (MoUs) and Letters of Intent (LoIs). This impressive influx of investment proposals signifies a promising outlook for the state’s economic growth and development.
Additionally, Banerjee addressed the stringent scrutiny faced by industrialists from central investigating agencies, expressing concerns about the heightened scrutiny they endure. Her mention of these agencies “breathing down the neck” of these entrepreneurs likely signifies the challenges businesses face navigating regulatory and investigative frameworks. Amidst the positive momentum generated by the substantial investment figures, her remarks underscore the complexities and obstacles present in the contemporary business environment.