22, Jun 2026
West Bengal Budget 2026-27 Receives Positive Response from Industry Leaders Across Key Sectors
“We applaud the bold budget presented today, the welfare of citizens is obviously the Top Agenda .
Specifically for businesses, the three blockbuster industrial reforms: completely dismantling the corrupt ‘Syndicate Raj,’ slashing stifling local red tape for mega-investments, and finally targeting the archaic Urban Land Ceiling Act. These are massive, historic strides toward a Viksit Bangla.
However, Bengal‘s industry rightfully expected an absolute knockout punch. The writing was already on the wall; a mere bureaucratic review is a half-measure. The government must bypass all further delays, and entirely abolish this obsolete Urban Land Ceiling Act immediately. Bengal cannot afford to waste another single second of our economic future.”
“The West Bengal Budget 2026-27 has laid significant emphasis on infrastructure development, employment generation and investment promotion, all of which are important drivers of economic growth and housing demand.
From a real estate perspective, the proposed infrastructure investments, enhanced connectivity initiatives and the announcement of a second airport in the Kolkata region have the potential to unlock new growth corridors and support residential, commercial, industrial and logistics-led development.
The proposed industrial policy and focus on faster approvals are also encouraging steps that can strengthen investor confidence and accelerate economic activity across the state.
The continued focus on housing through PM Awas Yojana, coupled with measures that support job creation and income growth, should further strengthen end-user demand in the housing market.
We are optimistic about West Bengal‘s growth prospects and its emergence as the country’s top priority destination for investment and development.”
Mr. Sahil Saharia, CEO, Shristi Infrastructure Development Ltd.“The West Bengal Budget 2026-27 has outlined several progressive measures for the real estate and infrastructure sectors. The proposed industrial policy, focus on ease of doing business, monetisation of surplus government land, and continued emphasis on affordable housing are expected to create new opportunities for investment and development across the state. These initiatives will help strengthen West Bengal‘s position as an attractive destination for real estate and infrastructure growth”.
The state‘s focus on both healthcare infrastructure and human capital development in the sector which reflects the strategic understanding that sustainable healthcare growth requires investment in capacity, talent and accessibility simultaneously. If implemented effectively, these measures can significantly enhance healthcare outcomes and further position West Bengal as a leading healthcare destination in Eastern India.”
Dr. M.S. Purkait, Medical Superintendent, Techno India DAMA Hospital.
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- By Neel Achary