Bengal government must restore investors' confidence: Governor

Haldia (West Bengal), Jan 17 (IANS) West Bengal Governor M.K. Narayanan Thursday batted for the Mamata Banerjee government's initiatives to attract investment in the state despite some hiccups, but reminded it of the "major responsibility" to restore confidence in industrialists.

"I think it (improvement in industrial relation) clearly needs detailed attention. A major responsibility of the government would be to restore confidence in industrialists. I am sure that it would be attended to," Narayanan said while addressing the valedictory session of the state government's investment summit "Bengal Leads" here.

The governor, however, lauded various efforts of the government and Chief Minister Banerjee, like setting up a land bank, and announcing a new IT policy commencing e-governance, to woo industrialists.

Hailing the one-and-half-year-old government for carrying out several measures for development, he said: "The state of West Bengal now ranks sixth in the overall growth in the country. In terms of governance, the state ranks second. These facts cannot and should not be ignored."

"Despite scepticism in some circles, Bengal is already on the growth trajectory," he clarified.

Narayanan also reminded the government of its responsibly to find out "suitable solutions" to land and land acquisition for industries.

Urging the government as well as the entrepreneurs to chalk out a middle path for land acquisition problems in the state, he said: "We only require you (investors) to also be sensible of the reality that the state cannot forego other sectors, specially agriculture."

"Both the government and the industrialists will need to be judicious for acquisition of suitable land since it is often difficult to acquire agricultural land. A joint effort by government and industry is required," he observed.

The governor also pointed out that it was "equally necessary" for the government to play its part to facilitate entry of private capital and create a proper investment climate.

Stating that comparisons being made in some quarters of the media with Gujarat in regards to attracting major investments were something "invidious", Narayanan said Bengal has already taken steps to facilitate investment. "I am aware that several issues have already been raised in this connection."

Supporting the chief minister's view that the state of the economy had been "stagnant" for almost three decades during the 34-year-long rule of the erstwhile Left Front, he urged the entrepreneurs to invest here.

"Bengal offers you a strategic partnership. The state is fully aware of its responsibilities," he added.

--Indo-Asian New Service

mdg/ssp/vd/vm

Matches

MORE TOP STORIES TODAY

Kallis, Narine star in Knight Riders’ crushing win

Kallis, Narine star in Knight Riders’ crushing win

An all-round display saw Knight Riders thump Mumbai Indians by 41 runs in the IPL-7 opener. More »

Pietersen to miss Delhi's first game

Pietersen to miss Delhi's first game

The former England batsman will have to lead the franchise as he is out of the match against Bangalore with a finger injury. More »

Srinivasan named in fixing report: SC

Srinivasan named in fixing report: SC

The court emphasised that the tainted administrator can no longer work for the BCCI. More »

'If you do the wrong thing it will be found out'

'If you do the wrong thing it will be found out'

'Everyone knows what is right and what is wrong and if you do the wrong thing it will be found out' More »

Why I'm not looking forward to the IPL

Why I'm not looking forward to the IPL

Welcome to another season of a league that many watch but few trust. More »

Mitchell Johnson may quit T20s for Test cricket

Mitchell Johnson may quit T20s for Test cricket

Australia's Mitchell Johnson may quit limited-overs cricket to prolong his test career with an eye on the 2015 Ashes series in England, the fast bowler… More »

There's a lot going on: Fleming

There's a lot going on: Fleming

He experienced anxious moments in the lead-up to the tournament as the courts decided on whether to suspend the franchise, he said, but stressed that the… More »

Latif couldn’t work with tainted players

Latif couldn’t work with tainted players

Former Pakistan cricket captain Rashid Latif said Tuesday he turned down the job of national chief selector because he could not work with ex-players tainted… More »

We are not over-confident: Bailey

We are not over-confident: Bailey

Indian Premier League — George Bailey-led Kings XI Punjab will face Chennai Super Kings on Friday. More »

Taxing issue — BCCI hits roadblock

Taxing issue — BCCI hits roadblock

MoU between BCCI & its units to avoid double taxation delayed after a few decline to share details. More »

Big runs expected, with bat and ball

Big runs expected, with bat and ball

Royal Challengers Bangalore: Their main concern, once again, is the fast bowling More »

Black Caps pick rookie duo for West Indies

Black Caps pick rookie duo for West Indies

New Zealand selectors included two new caps in a 15-man Test squad named Tuesday to tour the West Indies, with injury-hit spinner Dan Vettori's future… More »

The stage is set for IPL-7 to start

The stage is set for IPL-7 to start

The Preview — Defending champions Mumbai Indians take on Kolkata Knight Riders More »

Srinivasan appeals to court to allow BCCI comeback

Srinivasan appeals to court to allow BCCI comeback

He was aggrieved by the allegations against him during the hearing. More »

Klinger on his exit from South Australia

Klinger on his exit from South Australia

Michael Klinger has revealed he felt compelled to leave South Australia after being told he would be only a fringe part of the Redbacks' plans for next season, and disputed the suggestion that he left… More »

India: cricket's Brazil

India: cricket's Brazil

They are tough to beat with a big talent base exposed to good facilities. (CYCSPL) More »

Delhi Daredevils say no to gifts

Delhi Daredevils say no to gifts

Franchises are doing their bit to refurbish the image of the tainted league. More »

India-Pakistan Test series likely in 2015

India-Pakistan Test series likely in 2015

The revival of Indo-Pak Test ties could take place in UAE. More »

Kohli hopes to end RCB trophy drought

Kohli hopes to end RCB trophy drought

'This time around we will hope to go few more steps ahead and actually get that trophy' More »

Gavaskar can help IPL regain glory

Gavaskar can help IPL regain glory

Apart from the foreign players a lot of behind-the-scene activity has taken place in selecting the Indian domestic players. More »

Tendulkar, Ganguly to promote soccer

Tendulkar, Ganguly to promote soccer

Leading Spanish club Atletico Madrid and former cricketers Sachin Tendulkar and Sourav Ganguly are among the owners of eight franchises of a new Indian… More »

This isn’t my first trip to India: Neesham

This isn’t my first trip to India: Neesham

Kiwi all-rounder wants to utilise the India leg to explore the country’s tourist attractions. More »

Ishant wanted to quit ODIs

Ishant wanted to quit ODIs

Says his mother made him change his mind. More »