KOLKATA: “West Bengal is doing reasonably well in bringing industrial investments, but it can do better,” state finance minister Amit Mitra told delegates of an industry grouping this month in Kolkata. Mitra’s assessment was based largely on commitments from medium and small businesses.But big business continues to exclude West Bengal from its investment plans. And the West Bengal Industrial Development Corporation’s ( WBIDC ) website reflects the patchy effort at drawing business to a region known for unionism and political interference.WBIDC, the nodal agency for the state’s industry initiatives, did not publish its annual report for at least two financial years, and accounts of the last four financial years are not available on the website. The last annual report available in the public domain pertains to 2012-13. The graph of industrial investment in the state has not been updated since 2010-11.ET investigations revealed that WBIDC floated the tender for printing the 2015-16 annual report on August 18, and the date for opening the proposal was August 25. “Not submitting the annual report is a gross violation of the Act and the Registrar of Companies (RoC) can pull up the company for the violation. Moreover, the organisation is bound to submit the report to the state legislative assembly and publish it. It is also mandatory for a company to make the reports available in the public domain – on its website,” a senior bureaucrat said.Annual reports until FY15 are available at the library of the state’s legislature, but the contents are not uploaded on WBIDC website.Senior officials at Kolkata RoC told ET that the reports were not submitted for the past few years. Asked if a penalty may be imposed on WBIDC, officials said RoC may initiate some action against the company soon.WBIDC MD Vandana Yadav said: “It is not a conscious decision not to upload it on the Web site, neither these are hidden documents. The WBIDC has all the documents and anybody can collect them from our office.”State’s industry department, however, said it takes more than two years to prepare the reports and the auditor general must comment on them.A senior auditor of the government said the last filed WBIDC annual report, from 2012-13, shows the government has a financial stake of Rs 1,700 crore. About Rs 182 crore was borrowed from public sector banks and West Bengal Industrial Development Financial Corporation. WBIDC has also invested more than Rs 800 crore in some companies.