CAIT backs BJP for Bengal: traders cite 15 years of industrial decline
Synopsis
Key Takeaways
The Confederation of All India Traders (CAIT) on Friday, 8 May said West Bengal can once again emerge as a major hub of trade, industry and employment — but only if the state secures a transparent, investor-friendly government aligned with Prime Minister Narendra Modi's economic vision. The statement, made from New Delhi, comes amid heightened political activity ahead of the next Bengal assembly cycle and reflects the trading community's growing frustration with the current administration.
15 Years of Industrial Decline, Traders Allege
CAIT Secretary and Bharatiya Janata Party (BJP) Member of Parliament Praveen Khandelwal said the trade and industrial community in West Bengal is witnessing what he described as renewed hope over the possibility of a BJP-led government in the state. He alleged that industry, trade, MSMEs, traditional businesses and entrepreneurship in West Bengal have faced significant challenges over the past 15 years due to policy instability, declining investor confidence, migration of industries, syndicate culture and administrative pressure.