Bengal govt needs to frame climate-friendly indus policy:CII

Kolkata, Nov 30 (PTI) The West Bengal government needs to design a climate-friendly industrial policy to promote sustainable development in the state, industry chamber CII has said.

As part of a project on developing ''Fiscal Instruments for climate-friendly industrial development in West Bengal, Odisha and Tamil Nadu'', CII reviewed state, national and international policies and short listed target sectors and fiscal instruments.

It carried out cost benefit analysis for sectors like, power, incentives for Waste Heat Recovery in Sponge Iron and other industries, building sector, waste sector and renewable energy.

"CII sincerely believes that a climate-friendly industrial policy will be instrumental in creating an environment for sustainable industrial development of the state and it will be a first of its kind policy in the country," the industry body said in a statement issued after the Fourth Steering Committee Meeting for mobilising low carbon investment and facilitate low carbon economic development.

The meeting was organised by CII Eastern region and the British Deputy High Commission, Kolkata.

"To formulate policy it is necessary that all the stakeholders such as, the relevant government departments, concerned industries and associations like CII, should sit together and formulate the implementation strategy," said Binay K Dutta, Chairman, West Bengal Pollution Control Board.

He said the implementation strategy should also be discussed with the departments concerned of other two states.

Department of Environment Principal Secretary R P S Kahlon said that government bodies such as Central Board of Taxes should also be included in the project as they have a huge role to play.