The financially stressed West Bengal Government is witnessing buoyancy in its revenue which has registered a growth of 35 per cent, touching Rs. 14,176 crore during the first half of this fiscal, said Finance Minister Amit Mitra on Monday.

He said the Government is hopeful of building a revenue kitty of Rs. 31,000 crore by 2012-13.

Mr. Mitra was also optimistic that Kolkata would emerge as a major trade centre once the two proposed deep sea ports at Rosulpur and Sagar come up. “The whole movement of traffic in all eastern catchment areas will undergo a radical change (after the two ports become operational). ASEAN countries will choose us as the hub for all the eastern and middle-eastern regions. Kolkata will become a major centre for trade,” he said.

Elaborating on the revenue buoyancy, he said: “We have collected total revenue of about Rs. 14,176 crore between April and September this fiscal. During the corresponding period last year, it was Rs. 10,428 crore.”

Speaking to reporters after the 112{+t}{+h}annual general meeting of the Bharat Chamber of Commerce, he said that implementation of electronic transaction systems in tax collection helped the Government in revenue mobilisation. According to him, the Government expects to maintain an average of 25 per cent growth in revenue collection this fiscal.

He mentioned the e-stamping facility to collect stamp duties online introduced recently. This initiative is being rolled out in 10 registration offices initially to “ensure transparency” in property registration process.

The Minister said the State Government has identified land for 57 micro, small and medium enterprises (MSME) clusters.