Shutdowns may impact investments in West Bengal: Assocham
December 1st, 2009 - 5:52 pm ICT by IANS ( Leave a comment )
Kolkata, Dec 1 (IANS) Industry body Associated Chambers of Commerce and Industry of India (Assocham) has expressed apprehension about frequent shutdowns in West Bengal, and warned that such agitations could impact investments in the state.
“With the state’s assembly election due in 2011, West Bengal might be experiencing frequent bandhs (shutdowns) by various political parties and the flow of investment may be impacted,” Assocham secretary general D.S. Rawat said in a statement.
The report of the industry body came after the state experienced two shutdowns within a week’s time. While the Socialist Unity Centre of India called a dawn-to-dusk shutdown Nov 24, the Bharatiya Janata Party sponsored a similar protest Monday.
“The loss of production not only reduces the profit-making capacity of a company but it also affects its goodwill,” the chamber said and asked all political parties to keep from calling shutdowns.
- Bengal should set up nuclear plants, SEZs: Assocham - Nov 07, 2011
- Assocham for state's role in land acquisition for industry - Oct 09, 2011
- Assocham-UNIDO deal for two agro-clusters in Bengal - Oct 09, 2011
- Mamata calls for a stop to shutdowns - Aug 23, 2011
- India shuts down against hike in fuel prices (Roundup) - Jul 05, 2010
- Rationalise tax structure for aviation sector: Assocham - Nov 12, 2011
- Brand Hyderabad takes a beating due to Telangana turmoil - Oct 02, 2011
- India needs to invest in technology to raise exports - Sep 05, 2010
- Power shortages may hit industrial output: Assocham - Oct 18, 2011
- Assocham's development blueprint for Jharkhand - Oct 22, 2010
- State need only be facilitator in land takeover: Assocham - Jan 05, 2010
- Industrialists, economists slam frequent strikes - Sep 07, 2010
- Assocham wants stock broking firms to run banks - Nov 05, 2011
- Bengal traders' body calls shutdown against FDI - Nov 28, 2011
- Exempt steam coal from customs duty: Assocham - Aug 25, 2010
Tags: apprehension, assembly election, assocham, bharatiya janata party, chambers of commerce, chambers of commerce and industry, dawn to dusk, goodwill, industry of india, investments, kolkata, political parties, protest, rawat, secretary general, shutdowns, socialist unity, unity centre, west bengal