West Bengal eyes Calcutta Stock Exchange revival to reclaim financial hub status

West Bengal Finance Minister Swapan Dasgupta announced plans in the state budget to revive the 118-year-old Calcutta Stock Exchange, which has been non-operational for over a decade. The government also plans to identify profit-making state PSUs and list them on public stock exchanges to raise capital through disinvestment. No specific timeline or concrete steps were outlined for the CSE revival.