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Bringing 'Kapitalism' Back to Kolkata: Why Bengal needs an economic reset

Kolkata is poised for significant economic resurgence, adopting a new capitalist approach and strategic structural changes. The aim is to reverse capital drain, attract investment, and foster sunrise industries, moving beyond government capex. This BJP government-led initiative seeks to fundamentally alter the city's investment climate, transforming Kolkata from a consuming to a producing region. This will address regional disparities and bolster India's broader economic interests. Kolkata's accelerated development is deemed vital for national growth balance and leveraging Bengal's resources strategically.

Economic Times · ET Bureau · May 8, 2026 at 6:26 PM

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