Monday, December 21, 2009

KOLKATA WILL BECOME THE SECOND FINANCIAL CAPITAL OF INDIA

Deepak: - Just having a second largest shopping mall does not signify that the city is getting developed financially. Ok, I agree to the fact that Wipro and Infosys have been allotted lands in Rajarhat to open up their new campuses, but that does not make Kolkata financially strong. In that city, people do not earn as much salary as a person earns in Mumbai.

Saswati: - Don’t underestimate the people of Kolkata. Earning high salaries does not make a person rich. It is the savings, which creates your own wealth. In Mumbai, if a person earns 45000 bucks per month, then it is similar to a person earning 25000 bucks in Kolkata. In Kolkata, the cost of living is very low. Here, you can hardly do expenses, if you want to do also.

Nisha: - But, Kolkata people do not have the mindset to build up their own small businesses also. No such infrastructure is there for setting up any new business. In Mumbai, people are totally focused on increasing their money overnight and that is why, they always try to innovate new style of businesses. For example, the Dabbawalas created business with some foods in their dabbas only, with timely delivery and great customer service.

Bhanu: - Then, please come and visit Howrah and Hooghly district of West Bengal and also the Burrabazar area of Kolkata. You will be stunned to see the business attitude among the local people there. But, the irony is, that despite having so much potential for industrialization and SMEs, the CPI (M) government has not been able to capitalize on it for 30 years. Jyoti Basu tried to exploit businessman Goenka a little bit, but that too failed, due to the powerful impact of CITU Unions on CPI (M) Politburo of West Bengal. Garden Reach area lost its glory.

Deepak: - Yeah, I can understand the fact that under the CPI (M) rule, education and health has deteriorated in West Bengal. As a net result, people are too much illiterate and became violent, as there is no development at all. The violence of Maoists in Midnapore and demand for a separate Gorkhaland state in North Bengal are just the products of poisonous seeds, which CPI (M) has sown, in their 30 years tenure. Now, as you sow, so you reap. There is no point in investing for creating new businesses in Kolkata. Everything is destroyed, boss. Come to Mumbai, it is continuously progressing, despite having some problems like 26/11 and Raj Thackeray’s racial madness.

Arindam: - Many people are unaware of the fact that Calcutta Stock Exchange was one of the strongest stock exchanges of the world during the initial period of 1900 AD or so. Later, after the partition of Bengal and the shifting of power from Kolkata to Delhi, the CSE lost its power. Now, why, the glory of CSE be brought back again? Kolkata is a city, which is like gold mines for creating businesses. The only problem is that we have destroyed our old infrastructures to do research on these gold mines to create businesses. Again, start from the scratch and if we succeed in it, then Kolkata is the best city for doing businesses, as the cost of labor, production, raw materials, and transport are much lesser in Kolkata than any other cities.

Nisha: - But, if I abide by the statements of PrafullaChandra Bose, then Bengali people lacks business mentality. Now, no matter how much you invest in that city, if the mentalities of Kolkata people are not business oriented, then it will produce no results at all.

Saswati: - as per recent survey and research, it proved that after 1995 or so, the advent of private sectors in Kolkata have changed the work culture among young Bengali generation. Earlier, a Bengali people used to think 5 times, while coming out of his own locality also. Now, Bengalis are spreading their businesses worldwide, because they have tasted the first blood of business. Today, you will find a person from Narendrapur is travelling to Rajarhat by Metro Rail to attend his office. Earlier, that mentality was not there at all.

Bhanu: - Due to these political dog-fight dramas between CPI (M) and its anti-parties, the entire Eastern India has suffered. You cannot ignore the fact that Kolkata is a strategic location as well as the door of Eastern India. Ratan Tata was not a fool to invest in Singur. The change in the mentality of people and its outcome as a correct political decision is the need of the hour. Then only, “KOLKATA WILL BECOME THE 2nd FINANCIAL CAPITAL OF INDIA” within 2013.

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