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Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Inaugurates ‘Corporate Bhavan’ in Kolkata

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Kolkata:1/5/2025:   The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman inaugurated the ‘Corporate Bhavan’ in New Town, Kolkata today. This new facility will house different offices of the Ministry of Corporate Affairs, including Regional Directorate (East), Registrar of Companies, Official Liquidator, SFIO, NCLT (Kolkata Bench), and IBBI under one roof.

Speaking on the Occasion, Smt. Nirmala Sitharaman said that Corporate Bhawan will become a true single-window interface for companies, insolvency professionals, auditors, startups, and investors seeking timely corporate regulatory services.

The consolidation of services at the Corporate Bhawan will help significantly cut costs, accelerate approval process, and improve operational efficiency – all of which will help enhance Ease of Doing Business, Smt. Nirmala Sitharaman added.

Addressing officers of the Ministry of Corporate Affairs, Smt. Nirmala Sitharaman also stated that our regulatory frameworks must not only safeguard good governance but also enable enterprise, encourage formalisation, and build trust in our systems.

The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman said that the first-ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre’ is also located in the Corporate Bhavan, Kolkata. It will help the aspiring Interns in getting the information and issues related to their application.

The seven stories building has a built-up area of about 13,239 square meters and the total project costed around Rs. 150.43 crores. It is designed with a focus on energy efficiency, waste recycling, smart parking, and the well-being of its occupants. Equipped with CO2 sensors in the AHU, the building ensures proper indoor air quality.

The event celebrated the launch of the first-ever ‘Prime Minister Internship Scheme (PMIS) Facilitation Centre’ on the 7th floor of the Corporate Bhawan.

The MCA CII PMIS Centre, a collaborative initiative between the Ministry of Corporate Affairs (MCA) and the Confederation of Indian Industry (CII), aims to connect eligible youth (aged 21-24) with internship opportunities offered by participating companies. Through a dedicated three-member team, the center will focus on identifying eligible candidates who are not in full-time education or employment, providing comprehensive guidance, and facilitating their registration and application in the PM Internship Scheme.

The PMIS Facilitation Centre shall :

− Facilitate PMIS registration and application process for eligible candidates

− Provide professional career counseling and guidance

− Match candidate qualifications and interests with suitable internship opportunities

− Create awareness about professional opportunities through outreach programmes

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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