India's 2nd financial hub to come up in Kolkata

[Paan Singh]

Kolkata: West Bengal Chief Minister Mamata Banerjee on Saturday laid the foundation stone of a financial hub at Rajarhat on the outskirts of Kolkata, the second such hub in India after Bandra Kurla in Mumbai.
Terming the project as Global Eye, Banerjee said, "This project will attract huge investment and has potential to generate 20,0000 jobs and will become an iconic project like WalMart and London Eye."
The first phase of the project was unveiled with 25 acre which was ready to be distributed on a 99-year lease to nine financial institutions.She said the earlier Left Front government had conceived the plan which was to be implemented by the private sector, but nothing moved.
"After we took over, we decided to implement the project on our own through HIDCO (West Bengal Housing Infrastructure Development Corporation) though we are passing through severe financial constraints," Banerjee said.
The consulate representatives of USA, China and Britain were present on the occasion.
The chief minister told industrialists that land would not be a problem for investors in the state which was ready to invite EoI (Expression of Interest) for 1,000 acre industrial land near Kharagpur for distribution from its land bank.
Banerjee said the State Bank of India has expressed interest for a training institute for which 10 acre would be given.
The Calcutta Stock Exchange also has about five acre at the financial hub.

India's 2nd financial hub to come up in Kolkata - India News - IBNLive

 

[sexy gun]

Tell me, when that same person managed to single handedly close down the production line of NANO, why should any other company believe her ?
A stinky, over crowded and dirty place like Kolkata can never be the financial HUB of the second fastest growing major economy of the world.

 

[BANGBRO]

kolkata is a sleeping city.. with in governance... vote bank policies... state govt favorable to illegal immigration from bangla muslims... kolkata has everything wrong going on her place...

Bengal once was industrial and educational hubs of india now its comparable to orissa or chatisgadh ..

 

[palash_kol]

Tell me, when that same person managed to single handedly close down the production line of NANO, why should any other company believe her ?
A stinky, over crowded and dirty place like Kolkata can never be the financial HUB of the second fastest growing major economy of the world.

There are so many things happen in politics.....Police and CPM party members had taken away lands of so many farmers and the main thing is that even our last CM of WB(Buddhadeb Bhattacharya) had ordered police to so many farmers in nandigram. So all in all there are so many contexts to bring in.
Lets forget all of those contexts. CPM has ruled west Bengal for 35 years. Now we all should let her work for at least 5 years and lets see what happens.

 

[russellpeters]

The next (not second, there are MANY) financial hub will come up in GIFT. kolkata has a long way to go...

 

[Tshering22]

Excellent news! Lets hope the benefit goes to entire eastern India rather than a certain someone who likes to walk in, take freebies and settle down.

 

[kingkobra]

paschim banga and mamta has lost credibility...with DMIC going on in full pace i wonder if Mamta can pull it off...

 

[T90TankGuy]

its not just about just building a park (financial hub) . its about changing the mindset of the people there . there will always be politics being played there.

 

[IndoUS]

They better have some good planing in building the financial hub. What our government lacks the most is in the area of planing. Best of luck to the people of Kolkata.

 

[kingkobra]

They better have some good planing in building the financial hub. What our government lacks the most is in the area of planing. Best of luck to the people of Kolkata.

mamta should take help from NaMo
i am amazed to see the pace of development in Dholera SIR and GIFT city in Gujrat...from survey to planning to acquisition to agreements to investments, it has been possible only because of NaMo...

 

[livingdead]

mamta should take help from NaMo
i am amazed to see the pace of development in Dholera SIR and GIFT city in Gujrat...from survey to planning to acquisition to agreements to investments, it has been possible only because of NaMo...

Kolkata is one city which one should completely destroy and rebuild( except the heritage buildings).
When I visit the city, it feels like I came to black and white era.

Also, work ethics of people there is perhaps the worst in India, so best of luck with this venture.

 

[TalkToMe:D]

Kolkata is one city which one should completely destroy and rebuild( except the heritage buildings).
When I visit the city, it feels like I came to black and white era.

Why so? we can do the Delhi way, New Delhi, Old Delhi.

 

[kingkobra]

Kolkata is one city which one should completely destroy and rebuild( except the heritage buildings).
When I visit the city, it feels like I came to black and white era.

the proposed financial hub is on the outskirts of kolkata...a completely new city
but building such cities is not easy..takes lots of planning and not to mention land acquisitions which i doubt are possible in Bengal like they were done in Gujrat...

 

[Omega007]

There are so many things happen in politics.....Police and CPM party members had taken away lands of so many farmers and the main thing is that even our last CM of WB(Buddhadeb Bhattacharya) had ordered police to so many farmers in nandigram. So all in all there are so many contexts to bring in.
Lets forget all of those contexts. CPM has ruled west Bengal for 35 years. Now we all should let her work for at least 5 years and lets see what happens.

Well,atleast the former PM had tried to do something!!And no,no one 'took away' anything from the farmers;in Singur,the land doners were paid reasonably well and I myself have
seen the land in Singur,not a very high fertile.It was this fu*k*ng MB because of whon Tata had to pull out of WB.And regarding the Nandigram;less we talk is better.The whole thing was started by a false propaganda by M.B and her TMC.There was complete isolation of Nandigram and the whole law enforcement system broke down,then there was no other way for Buddhadeb but to act strict and what he did.This damn Mamata is the one who stopped the Nayachar chemical hub project even though the whole area is uninhabited just because it was approved by CPIM government.You are talking about forcefull land aquisation;tell me how you gonna aquire land when the you are facing opposition whenever you need to get land!!Where you gonna make the industries if you can't get land. . . . . . . . on the air??Even the Razarhat Newtown project has come to stand still and our CM is driving steemers!!And now she has nailed the final pin on the coffin-some months ago,our damn 'Didi' stated that her govt won't aquire a single acre of land without 100% agreement from all the owners which is next to impossible.So this idiot and her govt has already lost the faith of private corporates.OOPS. . . . . . . she never had faith.

 

[livingdead]

Why so? we can do the Delhi way, New Delhi, Old Delhi.

Even old delhi looks newer than Kolkata. Like I said, it lives in a different era. Life is slow, very good for old and poor people though.
People wise, kolkata is a very friendly place to outsiders. I am outsider to both cities.