The Calcutta Stock Exchange (CSE), which has been non-operational for years, may be revived following a plan announced by the BJP-led West Bengal government. Multiple reports say the exchange has faced regulatory and legal challenges, including proceedings involving India’s market regulator, SEBI, and has been inactive since 2013. According to NDTV, the exchange has sought to move out of its stock exchange status, applying in February 2025 for voluntary exit after years of disputes with SEBI. India Today and Mint report that the government’s proposed revival plan is aimed at restarting the exchange by bringing in private investment and related support. Mint links the proposal to the Bengal budget 2026, describing it as a “revival” plan. While the reports discuss the rationale and direction of the government proposal, they do not provide final details on timelines, funding size, or approval status. Overall, the coverage indicates that the revival effort is contingent on resolving the exchange’s regulatory position and moving from inactivity toward renewed operations.