Bengal's Fall from 1st to 25th | State of States EP03

In 1947, this state was India's richest- 127% of the national average income, the industrial core of the country, home to Calcutta, "the London of the East." Today, it's ranked 25th in per capita income. This is Episode 3 of State of States by Angel One Economics- where we decode the economy, policy, and finances of Indian states. Previously in this series: 🔗 Tamil Nadu's Winning Growth Model :    • Tamil Nadu's Winning Growth Model | State ...   🔗 Uttar Pradesh- From Poorest to 3rd Largest? :    • Uttar Pradesh: From Poorest to 3rd Largest...   This time, we cover West Bengal: from Partition tearing its jute economy in half, to freight equalization killing its industrial edge, to 34 years of Left Front rule, to the debt burden it carries today. In this video, we cover: How Bengal went from supplying 40% of the Dutch East India Company's Asian imports to falling out of India's top 20 in per capita income The freight equalization policy of 1956 and how it changed the map of Indian industry Operation Barga, the gherao, and the economics of Left Front rule (1977–2011) Why Bengal's debt-to-GSDP ratio is now the 2nd highest among major Indian states Why the state that produced Tagore and Amartya Sen still struggles to keep its own talent Vote in our poll for the next state we should decode, and drop your suggestions in the comments! Liked the video? Drop a comment on which topic you want us to explain! 🔔 Subscribe for weekly videos on the economics that shapes India.-    / @angeloneeconomics   Want us to stay in touch with you? Check out Capital Letters by Angel One- same team, same brains, but deeper dives for people who like to stay ahead in the curve- https://capitallettersangelone.substa... This is a new channel, so if you liked our research and content, don't forget to like, share, and subscribe! -Angel One Research and Content Team. Disclaimer- This content is for information and education purposes only. It is not investment advice. Past performance does not indicate future results. Please do your own research.