Kolkata, April 27: The 12-hour Bharat Bandh called by the ruling Left Front in West Bengal will cost the state close to Rs 500 crore what with an estimated production loss of 61-62 per cent.
“According to a rough estimate by the Indian Chamber of Commerce (ICC), the total loss due to a 12-hour bandh in West Bengal would be approximately Rs 496 crore of the Gross State Domestic Product,” ICC Senior Vice-President P Jayanta Roy said.
“Annually the percentage loss per bandh to gross and net SDP stands at 0.21 per cent and 0.2 per cent respectively.
Quantification of non-economic loss is, however, not feasible,” Roy said.
“This mainly includes loss of investors’ interests, damage to state’s impression to prospective investors, damage to industrial climate, socio-political unrest etc,” he added.
–PTI