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Economy of Banka


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on local source. Lack of awareness about foreign and cheap source like Malaysia and New Zealand.

Modern Industry

Courtesy to late Digvijay Singh, Banka has started to figure out as a potential destination for large investment on the national map. A thermal power project promoted by ABHIJIT INDUSTRIES, KOLKATA, is coming up in Bounsi, Banka. Other Sugarcane related industry is coming up in Amarpur.

Green Energy Solutions,Bangalore is another Renewable Energy company co-founded and promoted by a son-of-soil Engineer, Scientist, village lover and Inventor from Narayanpur(Barahat). Through a unique patented technology of Rural Portable Generators,all 6.5 lac Indian villages can be electrified immediately by using available Bullocks or other drought animals as source of power generation. Rural Energy problem solved for good and Rural energy self-reliance looks in sight. A Generator Production Plant is being setup near Barahat.

The young Turks of Banka district, highly educated and dreamer are full of energy and want to do something for their land of birth. During an interview Mr. Singh (from Gurudwar, Banka ) who is pass out of prestigious and one of the top MBA SCHOOL in India, having good industry exposure and is planning to set up unconventional source based power plant in his native village Gurudwar, Vijayhat. He has also plan for modernizing his family business and is confident of a turnover of 100 crore by 2014-15. His idea of reform is to provide employment to maximum, and education, health and basic amenities to village folks. Other dreamer Akshay from Bounsi wants to set up food processing industry. He feels that if managed properly, the local agrarian products can turn Banka into a land of opportunities.

There are many more dreamer like him in this one of the most backward district in India who are raring to go and vow to turn it into top 10.

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