West Bengal Budget 2026-27: A Vision for Viksit Bangla

The West Bengal Budget 2026-27, the first budget of the new Government led by the Bharatiya Janata Party in West Bengal, outlines the newly elected Government’s vision of building a “Viksit Bangla” in alignment with the national objective of “Viksit Bharat”. The Budget seeks to achieve balanced economic growth through a combination of fiscal prudence, infrastructure creation, industrial development, employment generation and targeted social welfare measures. The Government has emphasised administrative reforms, investment promotion and technology-driven development while committing to strengthen governance and improve service delivery.

The Budget adopts a growth-oriented strategy focused on improving the ease of doing business and attracting fresh investment. Key proposals include re-examining the Urban Land Ceiling policy to unlock developable land, introducing an investment-promotion framework with an allocation of ₹5,000 crore, and prioritising industrial development, green energy and emerging technologies. The proposal for a single-window clearance system for projects with proposed investments of ₹100 crore and above is intended to simplify approvals, reduce procedural delays and encourage large-scale private investment.

The proposed development of a deep-sea port at Dadanpatrabarh in Purba Medinipur district through the public-private partnership model, along with new airport proposals for Malda, Purulia and Balurghat, could provide a significant boost to the State’s logistics, connectivity and industrial ecosystem. The proposed IT park in Siliguri and a start-up policy with a special focus on MSMEs further strengthen the Budget’s emphasis on entrepreneurship, regional development and job creation.

Overall, the Budget presents an ambitious roadmap to accelerate economic growth through industrial expansion, infrastructure creation, MSME support, urban reform and technology-driven entrepreneurship. Its success, however, will depend on timely implementation, clear policy guidelines, transparent project execution and the State’s ability to convert proposed reforms into measurable investment, employment and service-delivery outcomes.

About the Author:

Rajarshi Dasgupta is a seasoned indirect tax practitioner with over 22 years of experience advising domestic and multinational businesses on GST, Customs, and indirect tax matters. His practice spans tax advisory, dispute resolution, GST implementation, cross-border transaction structuring, supply chain optimisation, and regulatory compliance. He has successfully represented clients before tax authorities and appellate forums across India and is recognised for his expertise in GST litigation, GCC tax regimes, and data privacy compliance.

Image Credits:

Photo by Doidam10 on Canva

Overall, the Budget presents an ambitious roadmap to accelerate economic growth through industrial expansion, infrastructure creation, MSME support, urban reform and technology-driven entrepreneurship. Its

POST A COMMENT