West Bengal achieves 11.43% GST collection growth in 2024-25, outperforming national-level: CM Mamata Banerjee

ANI April 6, 2025 448 views

West Bengal's Chief Minister Mamata Banerjee has highlighted the state's impressive fiscal performance for 2024-25. The state achieved an 11.43% growth in GST collection, outpacing the national average of 9.44%. Registration and stamp duty collection also saw a remarkable 31.05% increase, demonstrating the state's economic resilience. Additionally, West Bengal Power Development Corporation was ranked as the best-performing power generation company in the country, further underlining the state's administrative effectiveness.

"We believe in self-reliance and fiscal discipline" - Mamata Banerjee
Kolkata, April 6: West Bengal Chief Minister Mamata Banerjee announced on Sunday that the state achieved a growth of 11.43 per cent in GST collection for the financial year 2024-25, two per cent higher than the national level.

Key Points

1

West Bengal achieves 11.43% GST collection growth in 2024-25

2

State collects Rs 4,808 crore, surpassing national average

3

Registration and stamp duty sees 31.05% increase

4

WBPDCL ranked best power generation company nationally

In a post on X, the Chief Minister said, "Glad to share that West Bengal is steadily progressing in its own resource mobilization efforts, which is evident from the fiscal results compiled at the end of the FY 2024-25."

She stated that West Bengal collected Rs 4,808 crore in GST during 2024-25 compared to the previous year.

"In GST in 24-25, we have collected Rs. 4808 crore more than the preceding year, which shows 11.43 per cent growth. This is 2 per cent more than the national level (9.44 per cent ), and is demonstrative of our increasing internal financial strength," she said.

She added that the state collected Rs 1,908 crore in registration and stamp duty in 2024-25, which is a remarkable 31.05 per cent increase from the previous year.

"In registration and stamp duty, the number of deeds registered has increased by 60 thousand, which shows dynamism of our market. The collection in 24-25 has been Rs 1908 crore more than the previous year,which is a growth of 31.05 per cent ," she said.

"All this shows that we believe in self-reliance and fiscal discipline, and our administration is serious in streamlining the State finances for the welfare of the people of Bengal," she said.

"Congratulations to our Finance Department, and everybody indeed for cooperating with us. Let us move from strength to strength!" she added.

On Friday, West Bengal Chief minister Mamata Banerjee said that state-run West Bengal Power Development Corporation (WBPDCL) has ranked the best-performing power generation company in the country for 2024-25 by the Central Electricity Authority (CEA).

In a post on X, CM Mamata said, "We are the Best, yet again!! The Central Electricity Authority (CEA), Ministry of Power, Govt. of India, has just announced the annual ranking of all the 201 thermal power plants in the country, based on operational efficiency (PLF - Plant Load Factor) parameters."

Reader Comments

P
Priya M.
This is fantastic news! West Bengal is really showing growth across sectors. The 31% increase in stamp duty collection is particularly impressive 👏
R
Rahul K.
While the numbers look good, I wonder how much of this growth is sustainable. The power sector ranking is great, but we need to see if this financial growth translates to better infrastructure.
S
Sneha P.
As a small business owner in Kolkata, I've noticed the tax collection process has become more streamlined. Happy to contribute to Bengal's growth! 💪
A
Amit D.
The power sector achievement is something we should all be proud of. WBPDCL beating national competitors is no small feat!
N
Nandini R.
I hope this financial growth means better schools and hospitals for our state. Numbers are good, but public welfare should be the ultimate goal.
T
Tapan S.
The 60k increase in registered deeds shows real estate is booming! Maybe time to invest in property here 🏠

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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