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BJP Bengal budget proposes reviving 118-year-old Calcutta Stock Exchange closed since 2013
Business Standard··23 Jun
Business Standard reported that Finance Minister Swapan Dasgupta on June 22 said trading has been suspended since 2013 and the exchange was near closure due to legal hurdles, pledging state support to reclaim Kolkata's role as a financial capital.
Prism
What It Means For You
- Eastern India firms may get a local listing option.
- Kolkata seeks to regain financial hub status.
- Budget signals BJP investment priorities in Bengal.
What's Happening
- Dasgupta proposed CSE revival in June 22 budget.
- Trading has been suspended since 2013.
- State government pledged support to reopen exchange.
Exchange History
- CSE is 118 years old.
- Legal hurdles pushed it toward closure.
- Revival is part of broader Bengal budget push.
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