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West Bengal attracts mettle:  
Over the last decade, West Bengal has experienced rapid growth. Today, the state has an industrial growth rate 1.1% higher than the national average. More than Rs. 9000 crores worth of new projects have been commissioned in the last four years. West Bengal is seconed only to Maharashtra in terms of companies established, 72,437, with paid up capital of Rs. 39,753 crores. In the year 2004 alone, 196 projects involving an investment of Rs. 2394 crores have been implemented in the State.

Facilitating all this is West Bengal industrial Development Corporation. The premier agency of the State’s Commerce and industry Department. Ready to provide every kind of support the investor needs.…
Help at hand:

WBIDC is a one-stop shop that takes care of the most diverse of needs:

Financing medium and large scale industries through various loan schemes.
Providing escort services and facilitating investment proposals through single-window agency ‘Shilpa Bandhu’ or State Investment Facilitation Centre (SIFC).
Promoting joint sector and assisted sector units in important industry segments.
Developing business, trade and industrial links with domestic as well as foreign institutions and companies.
Conceptualising new projects and providing assistance to entrepreneurs towards implementation and follow-up.
Managing and operating the state Incentive Schemes as a nodal agency of the State Government.
Developing various sector-specific industrial parks.
E-governance.
FINANCIAL ASSIATANCE
Details of various loan schemes
Promotional assistance
STATE INVESTMENT FACILITATION CENTRE (SIFC) – SHILPA BANDHU
‘Shilpa Bandhu’ or the State Investment Facilitation Centre (SIFC) acts as the single-window agency of the State Government for setting up industries.
SIFC offers assistance in the following areas:
Approvals from the Secretariat for Industrial Assistance and Foreign investment Promotional Board.
Registration by Directorate of Industries.
Clearance from the Pollution Control Board.
All clearances related to Power.
Identification, allotment, mutation / conversion of land and other infrastructural facilities.
Guidance to entrepreneurs on investment prospects in more than 200 ready projects developed by WBIDC.
Reach out through touch
In order to serve investors better, WBIDC has designed an e-governance package called 'Touch' to help it stay in touch with them. If comprises of an intranet, an integrated Workflow Application, a redesigned website with interactive features, a Financial Accounting Software and a Loan Accounting System than can be accessed over the internet.
INTRANET
WBIDC is one of the few Public Sector Organisations that is internally networked through an intranet. A 30 station network of computers linked through a central server enables it to stay in touch internally and work faster.
WORKFLOW APPLICATION
The Workflow Application in SIFC is a logical extension of the Intranet. This is a system for tracking all inputs into the system. Each individual task can be tracked from creation to completion.
Enabling grater monitoring
Quicker response to the client group.
INTERACTIVE WEBSITE
Through SIFC, the single-window agency and through its website, WBIDC reaches out to investors. The website has interactive pages and queries. Even project proposals can be submitted online. Primary inputs for the workflow therefore came directly from the client group. Information can be readily accessed through a search engine linked to three databases.
FINANCIAL ACOUNTING SYSTEM
Internally WBIDC has also installed a Financial Accounting System in order to work faster. Apart from routing features like Accounting Ledgers, Trial Balance, Profit & Loss Account, this system will have advanced MIS features like Cash Flow Statements, Ratio Analysis, Aging Analysis and Amalgamation of Subsidiary accounts.
LOAN ACOUNTING SYSTEM
On the Loan Accounting Package, loanees of the Corporation can log in to the WBIDC website and use their passwords to access their loan accounts for information.

The door to the future lies wide open. The possibilities are endless. The winds of trade are blowing. Prospective investors know that they will receive support from every level of the State Government.

Prosperity beckons.

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