Mamata Banerjee Announces Mega Coal Project

Mamata Banerjee's Big Announcements at Bengal Global Business Summit 2025

West Bengal Chief Minister Mamata Banerjee created a buzz at the Bengal Global Business Summit 2025. Her biggest announcement? The start of coal extraction from the Deucha Pachami block in Birbhum. This isn't just any coal block; it's one of the largest in the world, boasting 1240 million tonnes of coal and 2600 million tonnes of basalt reserves. The project is set to begin immediately, promising a new era of growth and opportunity for the state.

A Boost for Jobs and the Economy

Banerjee highlighted the immense potential of Deucha Pachami. She declared that this initiative will create over one lakh jobs in the coming years. More than that, this project promises to solve West Bengal's power problems for the next 100 years. She expressed gratitude towards the local people, mentioning that land acquisition and compensation were successfully completed. The project is expected to lead to many more supporting industries, bringing millions of people into the economic fold. This is truly transformative news for the state.

Inter-state Collaboration and International Interest

The summit saw participation from other states and countries. Jharkhand Chief Minister Hemant Soren praised West Bengal's progress as a hub for industry and investment, both domestically and internationally. He stressed the importance of inter-state collaboration for mutual growth. Bhutan's Minister of Agriculture and Livestock, Younten Phuntsho, also attended, emphasizing the strong relationship between Bhutan and West Bengal, especially concerning sustainability and economic growth. He highlighted improved connectivity to Siliguri as a key driver for development in both regions. This showcases the global interest in West Bengal's economic development.

Major Investments Pour into West Bengal

Leading industrialists showed their faith in West Bengal's future. Sajjan Jindal, Chairman and MD of JSW Group, announced a massive Rs 20,000 crore investment in the power sector—the company’s largest investment in the state to date. He also hinted at doubling this investment based on future demands. JSW is also exploring investment in Durgapur Airport. Mukesh Ambani, Chairman of Reliance Industries Limited, also spoke highly of West Bengal, highlighting the state's talented population and its potential. Reliance, having already invested over Rs 50,000 crore, plans to double its investment in the next decade. These significant investments signal strong confidence in the state's economic prospects and underscore the impact of the Bengal Global Business Summit.

West Bengal's Economic Growth Story

Chief Minister Banerjee concluded the event by highlighting West Bengal's impressive economic progress. The state has seen remarkable growth across various sectors, including a 4.73x increase in tax revenue, a 13.85x rise in capital expenditure, a 13.38x surge in social sector investment, and a 10.17x growth in agriculture and allied sectors. These figures paint a clear picture of inclusive and sustainable development underway in West Bengal. The future looks bright for this state, with significant potential for further growth and prosperity. This is indeed breaking news with great implications for India's business landscape.

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