iGEN
Visit IGEN World Explore IGEN Expo
EXPLORE UPGRADE PLANS
BREAKING
CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout TruAlt Bioenergy Q1 Net Zooms to ₹59.27 Crore on Higher Revenues, Capacity Expansion CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout TruAlt Bioenergy Q1 Net Zooms to ₹59.27 Crore on Higher Revenues, Capacity Expansion
Home ›› Business ›› Economy ›› West Bengal Budget 2026: BJP's First Spending Plan Offers DA Hike, 1 Lakh Jobs and Rs 36,000 Crore Women's Scheme

West Bengal Budget 2026: BJP's First Spending Plan Offers DA Hike, 1 Lakh Jobs and Rs 36,000 Crore Women's Scheme

West Bengal's first BJP government budget, presented by Finance Minister Swapan Dasgupta, includes a 20 percentage point DA hike (to 38%), 1 lakh government job recruitments, and a Rs 36,000 crore direct cash transfer scheme for women (Annapurna Yojana). The budget also outlines infrastructure projects such as an elevated corridor in Kolkata and a deep-sea port, while acknowledging a debt burden of Rs 8.15 lakh crore.

iG
iGEN Editorial
June 23, 2026
West Bengal Budget 2026: BJP's First Spending Plan Offers DA Hike, 1 Lakh Jobs and Rs 36,000 Crore Women's Scheme

The BJP government in West Bengal presented its first state budget on Monday, combining welfare spending with employment promises that carry significant economic implications for the state's fiscal trajectory. Finance Minister Swapan Dasgupta announced a 20 percentage point hike in dearness allowance (DA) for state employees, recruitment to 1 lakh government posts, and a Rs 36,000 crore allocation for a direct cash transfer scheme for women, according to Business Today reporting PTI.

Fiscal Backdrop and Debt Burden

Dasgupta said the government had inherited a debt burden of Rs 8.15 lakh crore but would focus on restoring fiscal discipline while continuing welfare programmes, PTI reported. "Building a corruption-free administrative structure is a cornerstone of our vision. We have to restore people's trust in governance," Dasgupta said.

DA Hike and Government Job Creation

The government announced a 20 percentage point increase in DA for employees and dearness relief (DR) for pensioners from October 1, taking the rate to 38%. This narrows the DA gap between state and central government employees by 22 percentage points, an issue that had triggered prolonged protests under the previous regime. The budget also announced that 1 lakh vacancies would be filled in phases, including 20,000 positions in the police force and 50,000 teaching and non-teaching posts in schools. Dasgupta stated that 33% of the jobs would be reserved for women, while 10% reservation would be provided for Agniveers wherever applicable. "The upper age limit for government recruitment, already relaxed by five years, would continue for the next two years," he said, according to PTI.

Welfare Schemes: Annapurna Yojana and Pink Card

The largest welfare allocation is the Annapurna Yojana, with an outlay of Rs 36,000 crore. Under the scheme, women aged 25-60 will receive direct financial assistance in their bank accounts. The government also earmarked Rs 550 crore for free bus travel for women. A 'Pink Card' system will be introduced shortly for availing the benefit, the minister said. Dasgupta added that all existing social welfare schemes would continue, saying, "Our objective is to ensure that the benefits of government schemes reach the weakest sections of society. Necessary reforms will be undertaken wherever required."

Infrastructure Projects and AI Mission

The budget outlined several infrastructure projects: an elevated corridor connecting Chingrighata and New Town in Kolkata, a deep-sea port at Dadanpatrabar, and a four-lane bridge over the Mayurakshi river in Birbhum. Feasibility studies for metro rail projects in Durgapur, Asansol and Siliguri were also proposed. A Tribunal University will be set up in Jhargram, while an Artificial Intelligence Mission will be launched to promote emerging technologies. The government also announced special facilities for gig workers, including free charging points and drinking water arrangements.

Other Allocations and Support

Beneficiary Category Monthly Increase / Benefit
Retired journalists Rs 5,000 pension
Individuals jailed in politically motivated cases Rs 10,000 pension
Anganwadi and ASHA workers Rs 5,000 increase
Civic volunteers, Green Police, NVF workers, Prani Bandhu, Prani Mitra Rs 2,000 increase from August
MLA Local Area Development Fund Increased from Rs 70 lakh to Rs 1 crore

Growth and Business Implications

Dasgupta said the government's development vision was aligned with the national goal of Viksit Bharat. "People expect transparency about the state's finances. We have to maintain a balance while creating opportunities for employment, industrial growth and a modern, progressive Bengal," he said. For businesses, the infrastructure push — particularly the deep-sea port and elevated corridor — signals potential improvements in logistics and urban connectivity. The AI mission and gig-worker facilities may foster innovation and a better operating environment. However, the large welfare outlay (Rs 36,000 crore for Annapurna alone) against a debt of Rs 8.15 lakh crore will require sustained fiscal discipline to avoid crowding out private investment. The government's focus on corruption-free administration and job creation could improve the investment climate, but execution remains key.

Before presenting the budget, Dasgupta and chief minister Suvendu Adhikari participated in a brief prayer ceremony at the assembly premises.


Sources: Business-Today

Keep Reading

Recommended Stories

UK Government to Cut Business Rates by 20% for Pubs, Clubs and Music Venues Business

UK Government to Cut Business Rates by 20% for Pubs, Clubs and Music Venues

The UK government has announced a 20% cut in business rates for pubs, clubs and live music venues in England from April, saving firms around £1,100 next year. The £100m cost will be funded by reviewing tax relief on vape shops and clamping down on online marketplace tax compliance. Industry figures welcome the move but caution it may not offset rising costs.

July 23, 2026
Stormont Economy Minister Archibald Plans Storm Compensation Law Despite Regulator Opposition Business

Stormont Economy Minister Archibald Plans Storm Compensation Law Despite Regulator Opposition

Stormont Economy Minister Caomihe Archibald has directed officials to propose removing the severe weather exemption for compensation to households affected by power outages, despite the Utility Regulator's concerns that the costs could be passed to consumers. Northern Ireland is currently the only part of the UK without a compensation scheme for storm-related electricity disruptions. The move follows criticism after Storm Éowyn last year, when NIE Networks declined voluntary payments.

July 22, 2026
UK government borrowing falls to £16bn in June, ONS data shows as Burnham unveils cost-of-living measures Business

UK government borrowing falls to £16bn in June, ONS data shows as Burnham unveils cost-of-living measures

UK government borrowing totalled £16bn in June, £7.9bn less than a year earlier, according to the ONS. The unemployment rate held steady. New Prime Minister Andy Burnham began setting out policies to cut household living costs.

July 21, 2026
From Inflation to Mortgage Rates: Key Movements in the US Economy's Weekly Report Card Business

From Inflation to Mortgage Rates: Key Movements in the US Economy's Weekly Report Card

The US economy saw mixed signals this week: inflation accelerated to a three-year high, consumer spending slowed, but GDP growth beat expectations and layoffs remained low. Apple raised prices on Mac and iPad models due to AI-driven memory chip shortages. Mortgage rates ticked up slightly, while jobless claims fell below forecasts.

July 8, 2026