Kolkata, December 4 (NationPress) The Bharatiya Janata Party (BJP) has asserted that West Bengal, under the Trinamool Congress administration led by Mamata Banerjee, has become a "no-go zone" for industries, leading to a significant decline in investments and soaring unemployment rates.

According to BJP's Information Technology Cell chief, Amit Malviya, in a recent social media update, Bengal is suffering from a severe loss of jobs and investments, being pushed two decades back while other states attract global capital. He emphasized that the Trinamool Congress government has made the state unappealing for industries.

Malviya's statements were underscored by recent data from the Union Ministry of Commerce, highlighting a mass departure of companies from West Bengal.

The BJP leader reported that 207 companies have exited the state in the past six months alone, with a staggering 6,895 companies leaving since Banerjee took office in 2011, following the end of the 34-year Left Front rule.

He pointed out that not only small enterprises are fleeing; even large, publicly traded companies have left Bengal, citing a list that includes Netweb Technologies, Gallantt Ispat, and Eureka Forbes among others.

Experts and economists suggest that two significant barriers to attracting investment are the state government's non-involvement in land acquisition for industries and its refusal to establish Special Economic Zones (SEZ). Given the fragmented nature of land holdings in the state, potential investors are deterred from establishing large facilities.

The state’s policy against new SEZs further dissuades investors in the Information Technology and services sectors.