Fall of Kolkata – Why Kolkata fall as India’s financial capital?

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Story of decline of Kolkata

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When did Britishers reach Kolkata?

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Rise of Kolkata as India’s financial capital

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How did Bombay take Kolkata’s position

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The great Bengal famine was faced by Kolkata

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How did India’s Independence affect Kolkata’s financial position?

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How did Kolkata loose its identity of being financially strong?

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Economy Simplified

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Fall of Kolkata – Why Kolkata fall as India’s financial capital?

Economy Simplified

Basic of Economy

Story of decline of Kolkata

Story of decline of Kolkata

But to understand fall of Kolkata it is necessary to know when Kolkata started rising financially in India. So let’s begin with the origin of Kolkata city.

When did Britishers reach Kolkata?

When did Britishers reach Kolkata?

On 24th August 1960 Job Charnock and agent of East India Company came to sutanuti near the Hooghly River in 1960.

Rise of Kolkata as India’s financial capital

Rise of Kolkata as India’s financial capital

-Political capital of the British East India Company - Shifted all important offices from Murshidabad to Kolkata.

How did Bombay take Kolkata’s position

How did Bombay take Kolkata’s position

1912 when the capital of British India was shifted from Calcutta to Delhi. Major role played by first world war 1914 and Second World War

The great Bengal famine was faced by Kolkata

The great Bengal famine was faced by Kolkata

People of Bengal were affected by the famine and were starving. The great Bengal famine killed around 40 lakh Indians

How did India’s Independence affect Kolkata’s financial position?

How did India’s Independence affect Kolkata’s financial position?

The separation of East Pakistan. Led to reduced supply of raw jute to mills located in Kolkata.

How did Kolkata loose its identity of being financially strong?

How did Kolkata loose its identity of being financially strong?

-Power shortages strikes by workers - A militant Marxist Maoist movement developed in Kolkata - In 1971 the war of Pakistan

Economy Simplified

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Fall of Kolkata