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India News News

Centre doubles down on expanding credit availability in West Bengal

  • BY India News Newsdesk
  • June 9, 2026
  • 0 COMMENTS

New Delhi, June 9 (IANS) In a bid to help West Bengal contribute to India’s growth journey in industrial development, expanding entrepreneurial opportunities and employment generation, the government will hold roundtable meetings in all regions, with public sector banks (PSBs), leading industry bodies and MSME associations to expand credit availability.

According to Finance Minister Nirmala Sitharaman, who met West Bengal Chief Minister Suvendu Adhikari here, a renewed saturation drive of flagship schemes such as Pradhan Mantri MUDRA Yojana, Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana and PM SVANidhi will be undertaken to cover every eligible beneficiary under these schemes in the state.

They discussed ways to accelerate West Bengal’s development journey, in line with the vision of Prime Minister Narendra Modi. The issue of credit availability in the state across various sectors and the implementation of Central government schemes were discussed, according to an official statement.

Sitharaman also mentioned that the performance of West Bengal Gramin Bank will be reviewed, with a focus on strengthening financial inclusion and expanding access to formal credit in the rural areas of the state.

She assured support for the processing of eligible proposals from West Bengal under the Special Assistance to States for Capital Investment scheme (SASCI) to strengthen capital infrastructure across the state.

Sitharaman further urged the state government to expedite the implementation of reforms identified under the reform-linked component of the SASCI Scheme, according to the statement.

Meanwhile, West Bengal has been linked to Ayushman Bharat, the Central health insurance scheme, with a memorandum of understanding (MoU) between the state government and the National Health Authority (NHA).

—IANS

na/

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