Kolkata's Comeback

Free enterprise and investment in infrastructure are turning Kolkata, formerly known as Calcutta, from a "dying city" to a "boomtown".

1 minute read

May 14, 2006, 1:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Boomtown fever is gripping this city, where Mother Teresa once ministered to the poor and sick. Dazzling skyscrapers, tacky billboards and huge tracts of land set aside for malls and condos have turned Kolkata into a showcase of free enterprise and private investment...What is happening in West Bengal is emblematic of the economic liberalization sweeping the country and fueling its impressive growth...Residents in Kolkata, formerly known as Calcutta, describe a revived sense of confidence and can-do spirit..Traffic can still exasperate, but a new highway connects the airport to downtown and a gleaming new bridge spans the Hooghly River..."

FULL STORY: Communists Lead Kolkata's Capitalist Makeover

Friday, May 12, 2006 in The Los Angeles Times

Community / Economic Development Social / Demographics Urban Development India

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