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Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Inaugurates ‘Corporate Bhavan’ in Kolkata; New Multi-Office Facility brings MCA Departments Under One Roof

Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Inaugurates ‘Corporate Bhavan’ in Kolkata; New Multi-Office Facility brings MCA Departments Under One Roof

Posted On: 01 MAY 2025 4:30PM by PIB Delhi

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  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 centre 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 counselling and guidance

− Match candidate qualifications and interests with suitable internship opportunities

− Create awareness about professional opportunities through outreach programmes

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