Final decision of sanction for a PCPIR in Bengal with Union Cabinet

The Union Government had agreed to grant a chemical hub to West Bengal in Haldia. However, the state Chief Minister has been lobbying to convert it into a PCPIR in a bid to attract greater investments in the State. The Centre seems ready to invest upto Rs 4,000 crore for the infrastructural development of the PCIPR for which a minimum of 25,000 hectares of land is required. Now the final decision of sanction for a PCPIR for Bengal was now pending with the Union Cabinet. The Union Minister suggested to the West Bengal Government to steer clear of the land acquisition process and leave it to the investors to deal with the farmers directly.