Spinning Mills Ltd. was established at Village Bogram, PO Karanjora, in 1975. Its line of business includes preparation and spinning of silk fiber including blended silk. Banking In 2012–13, Raiganj CD Block had offices of 10 commercial banks and 5 gramin banks. Backward Regions Grant Fund Uttar Dinajpur district is listed as a backward region and receives financial support from the Backward Regions Grant Fund. The fund, created by the Government of India, is designed to redress regional imbalances in development. As of 2012, 272 districts across the country were listed under this scheme. The list includes 11 districts of West Bengal. Transport Raiganj CD Block has 7 ferry services, 45 originating/ terminating bus routes. The Barsoi-Radhikapur branch line passes through the Raiganj CD Block and there are stations at Jhitka and Raiganj. Assam Behar State Railway extended the metre gauge railway from Parbatipur, now in Bangladesh, to Katihar in 1889. With the partition of Bengal in 1947, the Indian side of the Barsoi-Parbatipur line became the Barsoi-Radhikapur branch line. It was converted to broad gauge in 2006. New broad gauge lines – Gazole-Itahar (27.20 km), Itahar-Raiganj (22.16 km) and Itahar-Buniadpur (27.095 km) – as a material modification of the Eklakhi-Balurghat project (commissioned in 2004) was included in the budget 1983–84. Initial work for the lines has been taken up by Northeast Frontier Railway. 431.973 ha of land is to be acquired. Land acquisition has commenced in the Gazole-Itahar sector with initial fund sanctions. As of August 2018, further sanctions are awaited. National Highway 12 (old number NH 34) passes through Raiganj and Raiganj CD Block. State Highway No. 10A, running from Buniadpur to Raiganj originates/ terminates at Raiganj. Education In 2012–13, Raiganj CD Block had 259 primary schools with 36,441 students, 30 middle schools with 3,026 students, 6 high schools with 2,733 students and 39 higher secondary schools with 44,561 students. Raiganj CD Block had 2 technical /professional institutions with 340 students and 745 institutions for special and non-formal education with 35,579 students. There are 2 degree colleges with 9,957 students and other educational facilities at Raiganj, outside the CD Block. As per the 2011 census, in Raiganj CD Block, amongst the 221 inhabited villages, 10 villages did not have a school, 154 villages had 1 or more primary schools, 57 villages had at least 1 primary and 1 middle school and 28 villages had at least 1 middle