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Reliance’s $2.4Bn Bengal Plan

Mukesh Ambani said India is racing ahead to become $10 trillion economy by 2030, and Bengal alone has the potential to become a trillion-dollar economy in the near future…reports Asian Lite News

Mukesh Ambani, the chairman of Reliance Industries, announced the group’s intention to inject an extra Rs 20,000 crore into West Bengal within the next three years.

Speaking at the seventh edition of Bengal Global Business Summit, Mukesh Ambani said the additional investment will be in the areas of digital life solutions, retail and bio-energy.

Mukesh Ambani said India is racing ahead to become $10 trillion economy by 2030, and Bengal alone has the potential to become a trillion-dollar economy in the near future.

“Today, from this podium, let me assure you that Reliance will leave no stone unturned to accelerate Bengal’s growth. Bengal has been one of the largest investment destinations for Reliance. After you invited me, Reliance has invested close to Rs. 45,000 crores in West Bengal. Today, I am happy to announce that we plan to invest an additional Rs. 20,000 crores in the next three years,” he said.

“These will be in three areas: First is to further enhance digital life solutions aimed at augmenting livelihoods in Bengal, and providing quality education, healthcare, and agricultural solutions at scale. JIO is about to complete the world’s fastest 5G rollout in India before the end of this year that is 2023. And we have covered most parts of Bengal,” he added.

He said Reliance Retail is also increasing its footprint in the state. “Our network of nearly 1000 Retail stores will expand to over 1200 within the next two years. Our retail business is supporting hundreds of MSMEs. We are bringing national fame to many regional brands of Bengal.

“Thanks to Jio Mart, 5.50 lakh kirana merchants in the State have been brought under the umbrella of modern organised retail, bringing them higher productivity, income and benefits of scale. We currently operate nearly 20 lakh square foot of warehouses in Bengal. And this will increase manifold,” Mukesh Ambani said.

He said Reliance has become India’s largest Bio-Energy producer, based on the company’s own indigenous developed technology.

“We target to establish 100 compressed biogas (CBG) plants in the next three years, consuming 5.5 million tonnes of agricultural residue and organic waste. We will also help farmers to grow energy plantations on a large scale. This would help mitigate nearly 2 million tonnes of carbon emissions and produce 2.5 million tonnes of organic manure annually,” he said.

“We are planning to set up CBG plants in Bengal that will enable Bengal farmers to increase their incomes. With our current and new investments in these three businesses, Reliance will march together with the great people of Bengal towards a future of shared prosperity, technological innovation, inclusivity, and harmony,” he added.

Mukesh Ambani lauded Chief Minister Mamata Banerjee, saying the state is today standing taller — more vibrant and more confident of scaling greater summits of success in the future–and this “transformation has taken place because of your visionary, strong and determined leadership”.

“Which is why, the people of Bengal have chosen you to lead them again and again…,” he added.

The RIL Chairman and MD said a prosperous Bengal will again become India’s gateway to South-East and Far-East Asia.

He also said that the Reliance Foundation “is deeply committed to participate in the resurgence of a Glorious Bengal”.

“Reliance Foundation has taken up an ambitious project to renovate and restore the famous Kalighat Temple in Kolkata, which is the seat of the reigning deity of Bengal. We are in the process of repairing the entire Temple Complex including the centuries old heritage structures and restoring the same to their original glory.”

Mukesh Ambani said Reliance Foundation is working together with the state government to make Biswa Bangla’s “high-quality handicrafts and handloom products available throughout all our retail channels across India”.

He said Reliance Foundation plans to set up a training institute in Bengal with the cooperation of the state government for the benefit of the younger generation of craftsmen.

Mukesh Ambani said he has no hesitation in recommending Bengal “as an ideal investment destination to all fellow investors and global businessmen”.

The seventh edition of the Bengal Global Business Summit (BGBS) kicked off with grandeur on Tuesday.

This summit serves as a cornerstone event for the West Bengal government, bringing together global corporate leaders, entrepreneurs, business delegations, academia, and think tanks to explore strategic alliances and gain insights into the state’s “burgeoning industrial ecosystem”. (ANI)

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Bengal Business Summit to Host ‘Largest Ever’ UK Delegation

Amongst the upcoming flagship projects in the state, Jangal Sundari Karmnagari Industrial Township is being setup over 4,000 acres in Purulia…reports Asian Lite News

The upcoming Bengal Global Business Summit (BGBS) is poised to host the United Kingdom’s largest-ever delegation, with a notable presence from diverse businesses and institutions. Scheduled for November 21-22 in Kolkata, the event will welcome a 55-member delegation representing the UK. The British Deputy High Commission expressed enthusiasm, noting the anticipation of fostering stronger economic ties.

Alex Ellis, the British High Commissioner to India, is eager to lead this substantial delegation, expressing hopes that the summit will provide opportunities for British businesses to expand in Bengal and vice versa. Among the companies participating are tech firms like Teknobuilt, AirNode, SmartViz, Xworks Tech, Hy-Met Limited, Cambridge Carbon Capture, and GreenEnco, along with established engineering companies such as Mott Macdonald.

Dr. Andrew Fleming, British Deputy High Commissioner to East and Northeast India, highlighted the commitment to fulfilling the promises outlined in the UK-India 2030 Roadmap, aiming to transform trade and investment between the two nations. In the previous edition of BGBS in 2022, 49 senior figures from the UK actively participated, underlining the growing importance of such events in fostering bilateral economic cooperation.

“West Bengal has been rapidly transforming itself into an economic powerhouse. With a combination of strategic geographical advantages, proactive government policies, skilled human resources, and a vibrant business environment, West Bengal has emerged as a key player in India’s economic growth story,” BGBS said in a statement.

“It is among the leading exporters with 12% of the country’s leather and 10% of iron & steel exports. MSMEs form the vital base of the industrial pyramid and West Bengal has the country’s second highest number of MSMEs (about 90 lakh units) which accounts for 14% of India’s MSMEs.”

Amongst the upcoming flagship projects in the state, Jangal Sundari Karmnagari Industrial Township is being setup over 4,000 acres in Purulia. Mining operations at Deocha-Pachami-Dewanganj- Harinsigha, the second largest coal block in the world is expected to start soon. We have ready-to-Invest Industrial Infrastructure with 200+ Industrial Parks/ Estates spread over an area of around 10,000 acres.

A 200-acre IT and Electronics Park (Silicon Valley) is being set up at Rajarhat. Three Industrial Growth Corridors are being developed at: Dankuni- Raghunathpur; Dankuni-Kalyani; Dankuni-Haldia to augment the pace of industrialization in Bengal. The state has two large container and bulk handling ports at Kolkata and Haldia and a new deep-sea port is coming up at Tajpur.

Bengal Global Business Summit (BGBS) is the flagship summit of the Government of West Bengal. The summit envisions to bring together corporate leaders, business delegations, entrepreneurs, academia, and think-tanks from around the globe with the purpose of making strategic and business alliances as well as to learn about the industrial ecosystem and business friendly initiatives of the state.

The 7th Bengal Global Business Summit will have Plenary Sessions, Parallel Global Conferences, Sectoral sessions for focus sectors, Country sessions with partner countries, B2Bs and B2Gs meetings to expand networks and meet potential partners.

ALSO READ-Bengaluru Leads with 1783 Women-Led Ventures

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Business India News West Bengal

Bengaluru Leads with 1783 Women-Led Ventures

The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022….reports Asian Lite News

Funding in women-led startups in India decreased from 183 startups in 2014 to a mere 7 this year to date, according to a new report.

The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022.

However, there was a sharp decline in 2023, with the number of rounds dropping to 185, according to a report from leading market intelligence platform Tracxn.

Zomato, Byju’s Lenskart and Zerodha are among India’s top 10 women-led startups.

Data suggests that Bengaluru hosts a significant 1783 women-led startups, in stark contrast to Ahmedabad, which has a total of 181 women-led startups.

Meanwhile, India saw a third consecutive drop in tech funding in a quarter this year, with the July-September period (Q3) becoming the least-funded quarter in the last five years.

Q3 2023 saw a significant drop in funding, with a total of $1.5 billion raised, marking a 29 per cent decrease from the previous quarter and a staggering 54 per cent decline compared to Q3 2022, according to Tracxn.

Late-stage rounds witnessed a 33 per cent reduction, while early-stage and seed-stage funding plummeted by 74 per cent and 75 per cent, respectively, compared to the same quarter last year.

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Environment India News West Bengal

Weather Alert: Low Pressure Over Bay of Bengal Turns Depression

Earlier on Tuesday, the IMD also said, a low-pressure area formed over the Andaman Sea is likely to intensify into a deep depression and cause heavy rainfall in parts of Odisha on November 16…reports Asian Lite News

A well-marked low-pressure area over the Bay of Bengal Sea moved westwards and concentrated into a depression on Wednesday, an India Meteorological Department (IMD) official said on Wednesday.

Speaking to ANI, IMD Visakhapatnam’s MD Sunanda said, “Fishermen are advised not to venture into the sea from Wednesday onwards.”

“A low-pressure area is formed over the Bay of Bengal…Later it intensified into a depression in the west-central Bay of Bengal. Due to this, from Wednesday onwards, along and off the Andhra Pradesh coast, wind speeds are increasing…Winds will be prevailing for the 2 days – November 15 and 16. So fishermen are advised not to venture into the sea from Wednesday onwards,” IMD Visakhapatnam, MD Sunanda said.

According to the Meteorological Department, the weather system is likely to move northwestwards initially and further north to northwestwards and intensify into a deep depression over the west-central Bay of Bengal off the Andhra Pradesh coast.

“Thereafter, it would recurve north northeastwards and reach over Northwest Bay of Bengal off Odisha coast on 17th morning & off North Odisha-West Bengal coasts on 18th November morning,” she added.

Earlier on Tuesday, the IMD also said, a low-pressure area formed over the Andaman Sea is likely to intensify into a deep depression and cause heavy rainfall in parts of Odisha on November 16.

“Thereafter, it would move north-westwards and may intensify into a deep depression over the West-Central Bay of Bengal off the Andhra Pradesh coast on November 16. Subsequently, it would recurve north-northeastward and reach the northwest bay of Bengal off the Odisha coast on November 17. Due to this system, we are expecting heavy to very heavy rainfall activity over some parts of Odisha, especially coastal Odisha,” added Sunanda. (ANI)

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West Bengal to invest Rs 2,500 cr World Bank loan in infrastructure

Apart from overall infrastructure development, the official said the loan amount will be utilised for special training of the people engaged in the logistic sector….reports Asian Lite news

West Bengal government is taking a Rs 2,500 crore loan from the World Bank and the entire money will be utilised for the purpose of infrastructure development in the state.

Sources in the state finance department said the focus area of infrastructure development through utilisation of the loan amount will be improvement of road networks and water transport systems in the state.

“The government wants to emphasise on improving exports from the state in the next 10 years, for which it is necessary to develop a quick transit system. So, work on this count will stat before the forthcoming Bengal Global Business Summit scheduled in November this year,” said a senior official in the finance department.

Apart from overall infrastructure development, the official said the loan amount will be utilised for special training of the people engaged in the logistic sector.

The state government has already set a target for setting up four economic corridors covering an area of 930 km. Out of that, the longest corridor of 630 km will be in North Bengal and the remaining three will be in South Bengal.

“The development of these economic corridors will enable the state government to showcase Bengal in a better manner to the potential investors,” the official said.

Industry observers feel that while such initiatives are undoubtedly positive steps, no effort to attract big ticket investments will bear fruit unless the land and special economic zone policies of the state government are changed.

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Border villagers thank PM for I-Day invitation

They include 21 sarpanches and their spouses from two tribal districts of Kinnaur and Lahaul-Spiti, both bordering China, besides two field officials, report by Ashutosh Kumar

Himachal villagers living near the border with China are both overjoyed and overwhelmed by Prime Minister Narendra Modi’s gesture to invite them as special guests for his Independence Day speech at the historic Red Fort in Delhi.

“We are not the last natives living near the borders. We are the first line of the country’s defence–the Chowkidars. We are really thankful to Prime Minister Narendra Modi, who thought of making us part of Independence Day celebrations—India’s most prestigious event at New Delhi’s Red Fort” a sarpanch from Himachal Pradesh’s Kinnaur district said.

Over 75 years after Independence, the Sarpanches from 662 villages on the China border in Arunachal Pradesh, Sikkim, Uttarakhand, Himachal Pradesh and Ladakh covered under the Centre’s Vibrant Villages Programme (VVP) have reached Delhi to be part of the national event.

They include 21 sarpanches and their spouses from two tribal districts of Kinnaur and Lahaul-Spiti, both bordering China, besides two field officials.

The Vibrant Villages Programme, first announced in the 2022 Budget as part of the Centre’s policy to upgrade infrastructure in areas along the China border, was launched by Home Minister Amit Shah in the border village of Kibithu in Arunachal Pradesh in April 2023.

In Delhi on Monday–one the eve of I-Day function, Pradeep Negi , Sarpanch from Chitkul said “it’s a huge honour for the PRI representatives—who represent  grass-root democracy having been invited to Delhi by Prime Minister Modi to see how India has progressed during these years of Post-Independence’.

“We are tribal and very shy people. We hardly come-out of our areas to be in Delhi or ever been part of such an event. Today, we feel so touched” he said as Negi spoke at a function organised by the ministry of tribal affairs where union minister Arjun Munda was Chief Minister.

One sarpanch from each state and Union territory of Ladakh was invited to speak and share the stories of development of their villages.

Under this centrally sponsored scheme, 2,967 villages in 46 blocks of 19 districts, abutting the country’s northern border in Arunachal Pradesh, Sikkim, Uttarakhand, Himachal Pradesh and Ladakh, have been identified for “comprehensive development”. Of these, about 662 villages have been identified for the first phase of the programme, said an official of the Tribal ministry

Negi drew the attention of the tribal affairs minister towards the  need for strengthening health infrastructure and setting-up good schools in the border village to stop migration of the local communities.

“We are standing as guards at the borders. There is a pressing need for ensuring good schools, facilities like doctors at the health institutions and a good communications network. I also thank ITBP –an organisation that is rendering an excellent service .They are our best friends and guides. They keep updating  locals on the country’s advancements” he said.

Another Sarpanch from Ladakh, whose panchayat includes Galwan valley, conveyed his gratitude to Prime Minister Modi for making Ladakh as a union territory after which the area has seen a massive development and road infrastructure. Tourism has got a big boost in the area, he said.

Among 21 sarpanches, 13 are women from both districts of Lahaul –Spiti and Kinnaur.

One of them Tashi Dolkar from Lulung Panchayat of Kaza when contacted said “ coming to Delhi for Independence Day function was a life-time experience .I never had even a dream about being part of this great moment and seeing Prime Minister Narendra Modi addressing the nation from the ramparts of Red-Fort” ,she said over phone .

The Modi government has been reaching out to villagers in the border areas. Union minister for power R.K. Singh had visited Kinnaur in June this year and interacted with locals in the Vibrant villages at Chitkul, the last village on the international border.

The Union Minister heard the grievances of the local villagers and assured them of initiating action for the development of infrastructure and basic amenities including education, health and a communication network. He also sanctioned a one MW solar power station for Chitkul.

(India Narrative)

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G20 anti-graft group meet begins in Kolkata

The deliberations at the level of Ministers will impart a further political impetus to combatting corruption as ACWG plays a crucial role in leading international efforts to combat corruption…reports Asian Lite News

The third and final meeting of G20 Anti-Corruption Working Group (ACWG) under India’s Presidency began on Wednesday.

Over 154 delegates from G20 Members, 10 invitee countries, and various international organizations will be attending the meeting. It will be followed by the G20 Anti-Corruption Ministerial Meeting on 12th August 2023, which will be chaired by Dr. Jitendra Singh, Minister of State (Independent charge) for Ministry of Science and Technology, Minister of State for the Prime Minister’s Office, the Ministry of Personnel, Public Grievances and Pensions, the Department of Atomic Energy and the Department of Space of Government of India. This will be the second ever Ministerial meeting of G20 ACWG and the first in-person ACWG Ministerial meeting. The deliberations at the level of Ministers will impart a further political impetus to combatting corruption as ACWG plays a crucial role in leading international efforts to combat corruption.

Under India’s G20 presidency, ACWG has been able to achieve significant progress on anti-corruption cooperation regarding action against fugitive economic offenders and return of assets, guided by the Nine Point Agenda for Action Against Fugitive Economic Offences and Asset Recovery, presented by Honourable Prime Minister Shri Narendra Modi to G20 nations in 2018.

During the 1st and 2nd ACWG meetings held in Gurugram and Rishikesh respectively, India was able to forge a consensus in G20 to advance international anti-corruption agenda by finalizing three outcome documents (High Level Principles) on important and sensitive issues.

These pragmatic and action-oriented highest-level commitments will contribute towards prevention, detection, investigation, and prosecution of corruption offences, strengthening domestic anti-corruption institutional frameworks, extradition of fugitive economic offenders and recovery of assets of such offenders from foreign jurisdictions.

The High-Level Principles on Promoting Integrity and Effectiveness of Public Bodies and Authorities Responsible for Preventing and Combatting Corruption will provide a guiding framework for strengthening the independence, transparency, and accountability of anti-corruption institutions. It will help in addressing root cause of corruption including institutional weakness and lack of accountability.

The High-Level Principles on Strengthening Asset Recovery Mechanisms for combatting Corruption are a set of guiding principles to support establishment of a robust and effective framework for the expeditious recovery of proceeds of crime. These principles will deter economic offenders who seek refuge in foreign jurisdictions.

The High-Level Principles on Strengthening Law Enforcement related International Cooperation and Information Sharing for Combatting Corruption is a 6-point plan to enhance inter-agency cooperation and international cooperation through information sharing amongst law enforcement agencies and countries. It will ensure timely and effective action against corruption offences, prosecution of offenders and recovery of proceeds of crimes.

ACWG is also focusing on the role of audit institutions in tackling corruption. Earlier, in the year, side events were also organized to highlight the use of Information and Communication Technologies (ICT) in reducing corruption in public administration and delivery of public services and gender related issues of corruption. The discussion on impact of corruption on women initiated under India’s presidency will generate further concrete action towards collective initiatives for adopting gender-sensitive and gender-responsive approaches in anti-corruption strategies.

The 3rd ACWG meeting in Kolkata will give direction to the future work of ACWG and further the commitments made on law enforcement cooperation, strengthening asset recovery mechanisms, and enhancing integrity and effectiveness of anti-corruption authorities during India’s G20 presidency.

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High Commissioner of Singapore dances at G20 meet

G20 delegates experienced tea plucking on the sidelines of the first-day event…reports Asian Lite News

High Commissioner of Singapore in India Simon Wong danced with folk artists at a G20 meeting in West Bengal’s Darjeeling.

“A wonderful evening at the G20 Tourism Working Group meeting. Moonlight tea picking was the highlight. HC Wong,” Singapore in India tweeted on Saturday. G20 delegates experienced tea plucking on the sidelines of the G20 Tourism Working Group Meeting in Darjeeling.

During the three-day meetings, the foreign delegates would get to experience the tea industry, Darjeeling Himalayan Railway and adventure tourism.

“Our second meeting for tourism has taken place here in Darjeeling. This is a new experience for the G20 delegates. The workers who work here are also getting encouragement after this. Tea tourism will increase in the upcoming years,” Union Tourism Minister G Kishan Reddy said.

Union Tourism Minister G Kishan Reddy said that tea tourism will increase in the coming years, after attending the first-day event at the second G20 Tourism Working Group Meeting here on Saturday.

Union Minister said, “Our second meeting for tourism has taken place here in Darjeeling. This is a new experience for the G20 delegates. The workers who work here are also getting encouragement after this. Tea tourism will increase in the upcoming years.”

Meanwhile, the G20 delegates experienced tea plucking on the sidelines of the first-day event.

Darjeeling, the Queen of the Himalayas and one of India’s leading tourist destinations, along with Siliguri, located in the foothills of the Himalayas, has been chosen to host the second Tourism Working Group meeting from April 1-3, 2023.

Around 130 participants are attending the event.

The delegates from the G-20 member countries will get the opportunity to discuss the ways of reviving the tourism sector which got affected due to the Covid pandemic, in this three-day meeting from April 1 to April 3.

On the first-day event, Chief coordinator of G20 Harshvardhan Shringla said, “Prime Minister Narendra Modi directed us to showcase India to the world as we are ready to host the G20 Summit in September this year. I recall him saying that, “each part of India has its own uniqueness, heritage, beauty and culture and that our G20 meetings should not be confined to the national capital, New Delhi, alone.”

To explore India during the G20 meeting, Shringla said, “The delegates from the G-20 member countries will get the opportunity to discuss the ways of reviving the tourism sector which got affected due to the Covid pandemic, in this three-day meet.”

During his speech, he also pointed out, “India, especially the North Eastern part of the country will get a big opportunity to showcase the rich cultural heritage and tourism potentials dominated in the region.

“Around 10 ambassadors from different countries including Union Minister G Kishan Reddy, G20 Chief Coordinator HarshVardhan Shringla, Arvind Singh, Secretary, Ministry of Tourism participated in the program in Siliguri and Darjeeling on the first day of the second G20 Tourism Working Group meeting. (ANI)

ALSO READ-‘G20 shows world ready for India’

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West Bengal

Bengal CM’s security breach: Police probing intruder’s Bangladesh links

From Mollah, the investigation sleuths have secured 11 mobile SIM cards, out of which one is registered in Bangladesh…reports Asian Lite News

The special investigation team probing the security breach at West Bengal Chief Minister Mamata Banerjee’s residence in South Kolkata, is trying to track the Bangladesh-links of Hafizul Mollah, the trespasser arrested in this connection.

From Mollah, the investigation sleuths have secured 11 mobile SIM cards, out of which one is registered in Bangladesh.

Sources from the city police said this particular SIM registered in Bangladesh was used by Mollah to transfer a number of pictures of the chief minister’s residence from different angles to a number of persons who are currently based out of Bangladesh.

Exactly from this development doubts have recurred in the minds of the investigation sleuths on whether Mollah has any connection with any Bangladesh-based underground outfit.

“We are working on certain specific clues in this direction, which we are unable to disclose now for investigation purposes,” said a city police official.

ALSO READ:Pakistan may repeat Bangladesh mistake in Balochistan

It is learnt that although Mollah’s counsel had been repeatedly claiming in the court that his client is suffering from mental disorder, the investigation sleuths are not subscribing to this logic considering the nature in which Mollah did multiple surveys of the security arrangements in and around the chief minister’s residence before actually trespassing.

“His survey system had a specific pattern. There are a number of lanes and bylanes leading to Harish Chatterjee Street where the chief minister’s residence is. From the CCTV footage and from his confession it is clear that he had made a thorough study of these lanes and bylanes. He also befriended local children offering them chocolates and cold drinks. This pattern of survey is not possible for anyone suffering from a mental disorder. Rather there was a specific pattern and motive behind this survey,” the city police official said.

After the event of trespassing at the chief minister’s residence, her security system has been beefed up. Peeyush Pandey, an Indian Police Service (IPS) officer with experience with Special Protection Group (SPG) has been brought in as the director (securities).

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India News Politics West Bengal

BY-POLL 2022: TMC sweeps Bengal

As Trinamool Congress swept the bypolls for both Asansol Lok Sabha and Ballygunge assembly constituencies in West Bengal on Saturday, the massive decline in vote share for the BJP in both these seats have kept the saffron camp worried with just around two years left for the 2024 Lok Sabha elections.

In the Ballygunge Assembly constituency, the BJP candidate, Keya Ghosh, finished third by managing only 12.8 per cent of the total votes polled.

In the 2021 Assembly elections, BJP’s Loknath Chatterjee not only finished second, but also secured 20.50 per cent votes.

However, despite Trinamool’s Babul Supriyo winning from Ballygunge, the party will ponder over its declining vote share there.

Supriyo’s victory margin came down to just 20,2208 votes, from the massive victory margin of 75,359 when the party’s erstwhile legislator from Ballygunge, late Subrata Mukherjee, won in 2021.

This time, Trinamool’s vote percentage declined to 49.7 per cent from 70.60 per cent in 2021.

However, CPI(M) has something to cheer going by the votes it polled in the Ballygunge bypolls. The CPI(M) candidate, Saira Shah Halim, not only finished second, but also improved her party’s vote share to 30.1 per cent from just 5.51 per cent in 2021.

More than Ballygunge Assembly seat, the real frustration for the BJP has come from the results in the Asansol Lok Sabha constituency, from where the BJP candidate had won twice — in 2014 and 2019.

This time, Trinamool’s Shatrughan Sinha won by a massive margin of 3,03,209 votes, creating two records on behalf of his party.

Sinha is not only the first ever Trinamool Congress candidate to win from Asansol since the creation of this Lok Sabha constituency, his margin surpassed all past records from Asansol on this count.

The victory margin of Sinha is even more significant since in the 2019 Lok Sabha polls, the then BJP candidate, Babul Supriyo, won from Asansol by a margin of 1.97 lakh votes.

Political analysts believe that bagging a victory margin of over 3 lakh votes after covering up a past backlog of around 2 lakh votes is something quite rare.

The Asansol results show substantial improvement in Trinamool’s vote share against a landslide vote share decline for the BJP.

In Asansol, the Trinamool improved its vote share to 56 per cent from 35.19 per cent in 2019. On the other hand, BJP’s vote share declined to just 30 per cent this time from 51.16 per cent in 2019.

The CPI(M) managed 7.8 per cent vote share from Asansol this time, which is more or less the same the party had got in 2019 — 7 per cent.

The fact that the decline in vote share is a matter of concern for the BJP was indirectly accepted by the party’s defeated candidate from Asansol, Agnimitra Paul.

“Just two years are left for the 2024 Lok Sabha polls. The party leadership should introspect the reasons behind this disaster and work accordingly. I do not want to give any excuse for my defeat. I accept the people’s verdict,” said Paul, who is already a sitting BJP legislator from Asansol (South) Assembly constituency.

West Bengal Chief Minister Mamata Banerjee

Meanwhile, BJP’s Lok Sabha member from Bishnupur in Bankura district, Saumitra Khan, said that the ‘immature’ approach of the saffron leadership in West Bengal led to such a disaster.

After the victory in the bypolls, Chief Minister Mamata Banerjee indirectly hinted that playing a key role at the national level in the 2024 Lok Sabha polls is her next target.

“I request the people of the country to have faith in us,” she said.

Political analysts believe that since the 2021 West Bengal Assembly pols, the erosion in vote share of the BJP has just aggravated and the erosion in the bypolls will send an alarming signal to the saffron camp.

“It seems that no strategy or line of campaigning is working in favour of the BJP. Remember, the bypolls happened in the backdrop of so many issues, such as the Bogtui massacre and the Hanskhali minor rape-muder case. But nothing worked for the BJP, which is officially the principal opposition party in the state now,” said political analyst, Nirmalya Banerjee.