The Economic Times

West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformation

West Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transformation. Despite this strategic shift, the state faces persistent fiscal challenges, including high debt and lower per capita income compared to the national average. The report highlights potential in non-tax revenue and the need for improved administrative efficiency, alongside opportunities in CBM and multimodal corridors.