Kolkata to have new financial hub in Rajarhat

Kolkata, Oct 7 (Calcutta Tube) Kolkata will have a new financial hub in Rajarhat in North 24 Parganas district this month.

‘We are planning infrastructure projects in the state. We have decided to set up a financial hub in Rajarhat township. I hope to open that hub in October and the finance minister would come to inaugurate it,’ Chief Minister Buddhadeb Bhattacharjee told industrialists in an interactive session organised by the Confederation of Indian Industry (CII) here Wednesday.

This was the first appearance of the chief minister in any industry body meeting after the Singur debacle in the state in 2008.

Singur, 40 km from here, turned into a battleground since May 2006 after the state’s Left Front government announced global auto major Tata Motors would roll out Nano, the world’s cheapest car, from there.

Opposition party of the state Trinamool Congress-led protesters demanded return of 400 acres of the 997.11 acres acquired from farmers. Finally, Tata Motors in October 2008 moved the small car plant to Sanand in Gujarat.

Talking about land acquisition, Bhattacharjee said the central government should enact the new Land Acquisition Act as the current one, prepared in 1894, was very old. ‘We can’t go with the 1894 Act anymore.’

Regarding agricultural marketing rules in the state, he said: ‘The state is conservative in encouraging big retails in agricultural sector as it will affect thousands of small agricultural players. We should not hurry. We are changing our policy. Any decision in haste might create problems for many other farmers.’

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