Govt incentives to be linked to job creation, not investment size: Tapas Roy
Times of India | 8 August 2026
Kolkata: State govt’s industrial incentives would be linked to employment generation and not to the quantum of investment, Bengal commerce and industry minister Tapas Roy reiterated on Friday.
Roy was speaking at ‘Uttoron 2026’ – a business conclave organised by Babshai Bangali Foundation.
“Our industrial incentive policy will not be linked to investment but to employment generation. We will encourage industries to generate jobs to ensure our youths can get jobs in the state. We want to bring investment as well as reverse the trend of brain drain,” Roy said.
Stating that 6,688 businesses had left the state during the previous Trinamool govt, Roy said militant trade unionism and non-cooperation of police and administration were the main reasons. “I have not inherited anything from the previous govt — no industrial policy, no land policy, no land bank, no ease of doing business, no conducive environment. It had also withdrawn incentives. The land given for industries was left unutilised. I consider myself a startup minister,” Roy said.
Outlining the success of the present govt since it assumed office in May, Roy said, “Mitsubishi wants to come to Bengal. In India, they have evinced interest in setting up a semiconductor unit here. We have also received investment interests from Ireland, Germany, Poland, the US and Dubai.”
On July 8, a Mitsubishi delegation of Teruo Fujita and Tomofumi Koyama met Roy and state finance minister Swapan Dasgupta to discuss the proposal.
Calling the industries “partners” of the govt for the development of the state, Roy urged investors to come forward and invest in Bengal.