The general perception is that West Bengal is in the abyss. Not really, if one goes by the response to the recently held 2-day Bengal Global Business Summit. The summit witnessed inking of MoUs entailing a total investment of Rs 342,000 crore that could create 40 lakh new jobs. This includes the Rs 10,000 crore of proposed investment by the Adani Group. A total of 137 MoUs or letters of intent were signed. In her concluding speech, WB chief minister Mamata Banerjee described the sixth edition of BGBS summit as having been ‘immensely successful’. It was attended by 4,300 participants from 42 countries. She underscored that a task-force would be set up under the chief secretary for speedy implementation of projects. The CM is confident that the quantum of investment secured through MoUs and Expressions of Interest will increase further in coming days unless the Union Government disturbs industrialists through central revenue intelligence agencies. An industry leader present at the venue said: “From the organiser’s point of view, the summit is a success because it was well attended and all these MOUs and EOIs have apparently been signed or talked about. But seeing is believing and if you ask me, I’ll begin to get impressed if I see industries coming in on the ground, rather than in government files.” True that!