West Bengal govt begins disbursal of compensation to consenting landowners in Deocha Pachami
Around 150 landowners were handed over compensation cheques, land rights documents and appointment letters for jobs by district administration today while Chief Minister Mamata Banerjee handed over cheques to 50 persons at Nabanna today.

Around 150 landowners were handed over compensation cheques, land rights documents and appointment letters for jobs by district administration today while Chief Minister Mamata Banerjee handed over cheques to 50 persons at Nabanna today. More than 1500 landowners have agreed to offer land, the CM said.
“Around 1500 landowners have offered their land. The project will offer more than one lakh employment and people will be benefitted,” Banerjee said.
The Deucha-Panchami coal block, which has an estimated reserve of 2.1 billion tonnes, was allocated to the state by the Centre in 2018.
West Bengal chief minister Mamata Banerjee announced in November 2021 that the first phase of the project in Dewanganj and Harinsngha blocks will start in areas with less deep coal deposits. The total land area for the project is 3,400 acres, out of which 1,000 acre is owned by the state government, she said, adding that the area has 12 villages and 21,000 people reside in the area.
Meanwhile, with the aim of industrialization, West Bengal Chief Minister Mamata Banerjee on Wednesday said the state government's target is to uphold Bengal as the future industrial destination. She held an industrialist’s meet at Nabanna, the state secretariat, in Kolkata.
Banerjee, while addressing an industry meet at Nabanna, said a Slovenian company has shown interest in investing in Bengal.
Industrialist Sanjiv Goenka said, “We must project Bengal with a leader who is decisive, a reliable investment scenario and a message that if industrialists do investments in Bengal, their investments will be protected in Bengal. These can help draw investments to Bengal. If we can project this to the industry leaders outside in Bengal and seek investments.”
Goenka also noted that the Deucha Panchami coal mine will not only generate investments but will also create opportunities for downstream steel and power projects.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.