West Bengal's new state government has outlined a plan to revive the Calcutta Stock Exchange (CSE) as a centerpiece of its first full budget for the 2026-27 fiscal year.
Finance Minister Swapan Dasgupta presented the proposal in the state assembly on Monday, marking a significant policy shift for the region's financial infrastructure.
The CSE, once a major trading hub in India, has seen negligible activity in recent decades, with most trading volume consolidated in Mumbai's National Stock Exchange and Bombay Stock Exchange.
The revival proposal is part of a broader economic strategy that includes the development of new airports and targeted investment incentives.
Industry associations in West Bengal have responded positively to the budget, characterizing the fiscal proposal as a strategic roadmap for infrastructure-led economic expansion.
The government aims to leverage the historic exchange to deepen local capital markets and attract regional investment.