SBI Research's analysis of the West Bengal FY27 Budget says the government's policy focus has shifted towards investment, industrialisation, governance and technology, signalling a move towards long-term economic growth and capacity building.
SBI Research has said more than half of West Bengal's projected revenue receipts for FY27 will come from Central tax devolution and grants. The report also flags stagnant own-tax collections and weak non-tax revenue mobilisation as persistent fiscal challenges.
West Bengal's per capita income has slipped from being higher than the national average in 1978 to around 23% below it in FY25, according to SBI Research. The report says the state has fallen from fifth to 19th in the national ranking, highlighting a long-term decline in its relative economic position.
The Bengal CID has served Trinamool Congress MP Abhishek Banerjee a notice directing him to provide voice samples on June 30 after securing court approval in an investigation linked to his alleged remarks against Union Home Minister Amit Shah.
Eight people have died in the collapse of an under-construction warehouse shed in Kolkata's Taratala area. Five people have been arrested as the Army and NDRF continue rescue and search operations at the site.
In an exclusive coversation with The Statesman, it has been learnt that the state government has initiated a five-tier rescue and relief operation into the Taratala mishap.
Union Home Minister Amit Shah had inaugurated the new building of the police station in Bongaon on May 9, 2023.
The court has also directed him to be in police custody till June 29. Moreover, several new charges have been added to his case.
The redevelopment of the city’s iconic ghat was started in 2025 after a Memorandum of Understanding was signed between the Kolkata port and Adani Ports and Special Economic Zone Ltd.
According to police sources, the complaint was filed on Wednesday by two residents of Sarisha under the leadership of BJP leader Abhijit Das alias Bobby.
