The West Bengal government has announced the formation of a state-level Investment Synergy Committee (SLISC) aimed at simplifying the clearance process for investment proposals in the state.
This initiative, designed to promote growth and improve the “ease of doing business,” will expedite approvals and help set up industrial projects and other investments more efficiently.
West Bengal: Single-Window System For Faster Approvals
The newly formed committee will act as a single window for all investment-related clearances. As per the notification, the SLISC will play a key role in fast-tracking the process for entrepreneurs and investors. This move aims to eliminate delays and streamline approvals for business ventures.
In addition to the state-level committee, each district will have its own District-Level Investment Synergy Committee. These district committees will work in tandem with the state committee to ensure smoother implementation of investment proposals across the state.
Real-Time Monitoring & Grievance Redressal
One of the major objectives of the SLISC is to provide a centralized platform for all investment proposals and business-related services. By consolidating approval processes, the committee will help ensure timely decisions, reduce bottlenecks, and support investments in various sectors.
Moreover, the committee will offer real-time monitoring of the process, address grievances, and integrate data to enhance transparency and efficiency.
“The committee will convene fortnightly to review pending applications, allowing entrepreneurs and investors to present their projects for real-time resolution of queries,” the notification read.
This structure ensures that any issues or concerns can be addressed without unnecessary delays.
West Bengal: Stronger Investment Ecosystem for West Bengal
The secretariat assistance to the SLISC will be provided by the state’s Department of Industry, Commerce, and Enterprises. This collaboration aims to strengthen West Bengal’s position as a prime investment destination.
By providing unmatched support to investors, the state hopes to attract more businesses and boost economic growth.
A Strong Start with Bengal Global Business Summit
The announcement of the committee comes just days after the successful conclusion of the Bengal Global Business Summit (BGBS) 2025. CM Mamata Banerjee highlighted that the event had attracted investment proposals worth Rs 4.4 lakh crore. She further solidified the state’s standing as a growing hub for business and industry.
With the formation of the SLISC, West Bengal is set to accelerate its efforts to bring in more investments, creating a more business-friendly environment and driving economic prosperity in the state.
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