Nirmala Sitharaman Inaugurates 'Corporate Bhavan' in Kolkata
02 May 2025
2 Min Read
CW Team
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman inaugurated the ‘Corporate Bhavan� in New Town, Kolkata today. This new facility will house different offices of the Ministry of Corporate Affairs, including Regional Directorate (East), Registrar of Companies, Official Liquidator, SFIO, NCLT (Kolkata Bench) and IBBI under one roof.
Speaking on the Occasion, Nirmala Sitharaman said that Corporate Bhawan will become a true single-window interface for companies, insolvency professionals, auditors, startups, and investors seeking timely corporate regulatory services.
The consolidation of services at the Corporate Bhawan will help significantly cut costs, accelerate approval process, and improve operational efficiency � all of which will help enhance Ease of Doing Business, Nirmala Sitharaman added.
Addressing officers of the Ministry of Corporate Affairs, Nirmala Sitharaman also stated that our regulatory frameworks must not only safeguard good governance but also enable enterprise, encourage formalisation, and build trust in our systems.
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre� is also located in the Corporate Bhavan, Kolkata. It will help the aspiring Interns in getting the information and issues related to their application.
The seven stories building has a built-up area of about 13,239 square meters and the total project costed around Rs. 150.43 crores. It is designed with a focus on energy efficiency, waste recycling, smart parking, and the well-being of its occupants. Equipped with CO2 sensors in the AHU, the building ensures proper indoor air quality.
The event celebrated the launch of the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre� on the 7th floor of the Corporate Bhawan.
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman inaugurated the ‘Corporate Bhavan� in New Town, Kolkata today. This new facility will house different offices of the Ministry of Corporate Affairs, including Regional Directorate (East), Registrar of Companies, Official Liquidator, SFIO, NCLT (Kolkata Bench) and IBBI under one roof.
Speaking on the Occasion, Nirmala Sitharaman said that Corporate Bhawan will become a true single-window interface for companies, insolvency professionals, auditors, startups, and investors seeking timely corporate regulatory services.
The consolidation of services at the Corporate Bhawan will help significantly cut costs, accelerate approval process, and improve operational efficiency � all of which will help enhance Ease of Doing Business, Nirmala Sitharaman added.
Addressing officers of the Ministry of Corporate Affairs, Nirmala Sitharaman also stated that our regulatory frameworks must not only safeguard good governance but also enable enterprise, encourage formalisation, and build trust in our systems.
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre� is also located in the Corporate Bhavan, Kolkata. It will help the aspiring Interns in getting the information and issues related to their application.
The seven stories building has a built-up area of about 13,239 square meters and the total project costed around Rs. 150.43 crores. It is designed with a focus on energy efficiency, waste recycling, smart parking, and the well-being of its occupants. Equipped with CO2 sensors in the AHU, the building ensures proper indoor air quality.
The event celebrated the launch of the first ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre� on the 7th floor of the Corporate Bhawan.
Next Story
MoHUA Plans New Role for Smart City SPVs
In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..
Next Story
ADB Approves $110 Million Loan to Boost Skills in Gujarat
The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..
Next Story
SDAL Tests Rudrastra UAV and Bhargavastra Defence System
Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..