The Finance Minister, Mr Pranab Mukherjee, on Sunday said that there has been a rise in the share of private investments in West Bengal.
As of December 2011, West Bengal has about 900 live investment projects worth Rs 6.11 lakh crore. It has a share of 4.4 per cent of the total investment announced by the Government and private sector in India.
The State's share works out to be 3.7 per cent in the total investments undertaken by different government projects.
“Close to 65 per cent of the total investment in West Bengal comes from the private sector and this is a clear indication that industrialists and investors are looking at the state with hope and expectations,” Mr Mukherjee said at a conference organised by the Associated Chambers of Commerce and Industry here today.
The State has, under Ms Mamata Banerjee led government, attracted investments worth nearly Rs 58,000 crore. Manufacturing sector has got the major share of it at 36.5 per cent, followed by electricity (29 per cent), services sector (18.9 per cent), mining (6.8 per cent) and real estate (6.1 per cent).