Investment proposals don't mean investments for sure, but if such proposals are exciting and come to a government that is merely 18 days in office, it is surely reason enough to feel happy. Still no announcements were made, no drums beaten. But Cognizant, the fourth-largest IT company in the country, has submitted a proposal to the West Bengal government to set up a new IT software campus on 40 acres, that can give jobs to some 30,000 people.

This is the first IT investment proposal that the Mamata Banerjee government has received after it took over the reins at Writers' Buildings on May 20 last.