With reference to the West Bengal industrial promotion policy, consider the following statements: 1. The policy includes employer EPF contribution reimbursements for women and transgender employees. 2. The state saved Rs 50,000 crore to implement the new industrial promotion measures. 3. The policy provides financial assistance up to 120 per cent of eligible Fixed Capital Investment. Which of the statements given above is/are correct?

West Bengal government launches new industrial promotion policy to attract large investments

GS3Economy · S&T · Environment · Security· Industry, investment & MSMEs· Prelims + Mains· 6 November 2026

State-led industrial incentives and inclusive labor welfare: a GS3 Economy and Inclusive Growth case study.

Why in news

The West Bengal government launched a new industrial promotion policy to attract large investments and revive the state's industrial sector.

Background

The policy offers financial assistance up to 120 per cent of eligible Fixed Capital Investment. It includes specific incentives such as employer EPF contribution reimbursements for women and transgender employees.

Facts for Prelims

FactWest Bengal industrial promotion policy offers financial assistance up to 120 per cent of eligible Fixed Capital Investment
FactThe state saved Rs 30,000 crore to implement the new industrial promotion measures
FactPolicy includes employer EPF contribution reimbursements for women and transgender employees

Prelims practice question

With reference to the West Bengal industrial promotion policy, consider the following statements:

The policy includes employer EPF contribution reimbursements for women and transgender employees.
The state saved Rs 50,000 crore to implement the new industrial promotion measures.
The policy provides financial assistance up to 120 per cent of eligible Fixed Capital Investment.

Which of the statements given above is/are correct?

(a)1 and 2 only
(b)1 and 3 only
(c)2 and 3 only
(d)1, 2 and 3

Show answer

Answer: (b) 1 and 3 only — Statements 1 and 3 are correct. Statement 2 is incorrect: The state saved Rs 30,000 crore.

For Mains

Q. Discuss how state-led industrial promotion policies can foster inclusive economic growth and industrial revival in lagging regions of India.

Dimensions to cover in your answer

Incentive structure: Balancing high capital investment subsidies with long-term fiscal sustainability
Social inclusion: Leveraging EPF reimbursements to increase female and transgender workforce participation
Regional disparity: Addressing industrial stagnation through targeted state-level investment incentives

Keywords: Industrial Promotion · Fixed Capital Investment · Inclusive Growth · Fiscal Incentives · Labor Welfare

Full chronology for revision →Read the full news →Report a mistake in this note How notes are made Source: NDTV ↗Also: GS2 · Government policies & schemes Also: GS2 · Vulnerable sections (SC/ST, minorities, disabled, elderly, children)

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