Reviving Kolkata Key to Boosting Eastern India’s Economy, Says PM Modi’s Economic Advisor Sanjeev Sanyal

Brief by Shorts91 Newsdesk / 12:04pm on 07 May 2026,Thursday India Global

Prime Minister Narendra Modi’s Economic Advisory Council member Sanjeev Sanyal said Kolkata’s revival is essential for reducing India’s east-west economic gap and driving growth in Eastern India. Speaking at an event on state economies, Sanyal said West Bengal’s share in the national economy has fallen from around 11% after Partition to nearly 5.5% today. He said Kolkata was once a major industrial and financial centre, but its decline slowed the entire eastern region. Sanyal added that rebuilding Kolkata’s industrial strength and improving links with global supply chains would help Eastern India grow faster and support India’s long-term economic goals.

Read More at Financial Express

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