In 1960, Bengal was the richest Indian state. What happened to its economy?

West Bengal was an economic powerhouse post-1947.In 1951, its literacy rate was second only to Kerala. In the 1960s, Bengal was economically stronger than Maharashtra. But then the state’s average growth of GSDP between 2012-13 and 2017-18 was around 5.5%, lower than the national average of 7.1%. What happened?

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Research: Sushmita Sekhar
Editing and thumbnail: Ajeesh Babu ➡️https://www.instagram.com/ajeesh_babu

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Markers
0:00 Introduction
2:02 Industrial decline
3:09 1965 to 1977
6:26 1977 to 1991
8:40 1991 to 2011
11:30 TMC Rule
14:23 Conclusion

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Sources:

What happened to Bengal’s economy after 1947?

West Bengal was an economic powerhouse post-1947.In 1951, its literacy rate was second only to Kerala. In the 1960s, Bengal was economically stronger than Maharashtra. But then the state’s average growth of GSDP between 2012-13 and 2017-18 was around 5.5%, lower than the national average of 7.1%. What happened?

0. Introduction
https://archive.org/details/dli.MoI.ATRUEREPORT_ENG
https://archive.org/details/HindSwaraj-BEK-42
https://www.jstor.org/stable/3518180?seq=1
https://www.loc.gov/resource/g7650.ct000283/?r=-0.55,0.122,2.099,1.358,0
https://www.loc.gov/maps/?q=india
https://www.loc.gov/photos/?q=bengal
http://www.iosrjournals.org/iosr-jhss/papers/Vol19-issue4/Version-4/C019441116.pdf
https://www.flickr.com/photos/ywcausa/8527933591
https://mpra.ub.uni-muenchen.de/22979/1/MPRA_paper_22979.pdf
https://www.jstor.org/stable/4407407?seq=1
http://www.econ.ucla.edu/people/papers/Lahiri/Lahiri319.pdf
https://journals.sagepub.com/doi/full/10.1177/0973703020923444

1. Industrial decline
https://media.economics.uconn.edu/working/2011-10.pdf
http://www.econ.ucla.edu/people/papers/Lahiri/Lahiri319.pdf
https://www.jstor.org/stable/4407407
https://www.jstor.org/stable/4416669?seq=1
https://assets.publishing.service.gov.uk/media/57a08bf9e5274a27b2000ec7/IPPGDP10.pdf

2. 1965-77
https://assets.publishing.service.gov.uk/media/57a08bf9e5274a27b2000ec7/IPPGDP10.pdf
http://www.econ.ucla.edu/people/papers/Lahiri/Lahiri319.pdf
https://www.semanticscholar.org/paper/Revolution-and-Growth%3A-Two-Case-Studies-from-India-Timberg/88751919deab10cd57c570ccc379b43a0ccb5d07
http://barrett.dyson.cornell.edu/NEUDC/paper_316.pdf

3. 1977-91
https://assets.publishing.service.gov.uk/media/57a08bf9e5274a27b2000ec7/IPPGDP10.pdf
https://media.economics.uconn.edu/working/2011-10.pdf

4. 1991-2011
https://assets.publishing.service.gov.uk/media/57a08bf9e5274a27b2000ec7/IPPGDP10.pdf
https://www.sciencedirect.com/science/article/abs/pii/S1049007804001423
https://youtu.be/5Mm806pw2hY
https://core.ac.uk/download/pdf/6256655.pdf

5. 2011 onwards
https://www.hindustantimes.com/india-news/how-bengal-economy-has-fared-over-the-last-decade-101616004790616.html
http://www.igidr.ac.in/pdf/publication/WP-2019-015.pdf
https://www.indiaspend.com/how-west-bengal-is-about-to-lose-its-demographic-opportunity/
https://www.livemint.com/Politics/1SsaH4nK64qZO17oHvNUNN/Can-Mamata-Banerjee-blame-legacy-issues-for-West-Bengals-ec.html

6. Solutions
https://theprint.in/india/governance/bengal-above-national-average-on-social-indices-but-fiscally-stressed-15th-finance-panel/599740/
https://www.hindustantimes.com/india-news/how-bengal-economy-has-fared-over-the-last-decade-101616004790616.html
https://www.hindustantimes.com/india-news/tmc-govt-set-to-lose-says-modi-targets-cong-for-assam-alliance-101616091976234.html

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