Emerging Patterns of Disparities in Industrialization in the state of West Bengal; A Macro-Economic Analysis with Case Study Research of Jessop India Limited

Document Type: Research Paper

Author

Assistant Professor and Head of Dept. of Journalism and Mass Communication, HMM College for Women and Guest Lecturer, M.A in Journalism, Calcutta University, India

Abstract

Economic imbalances and social disparities are a common feature of development
economies, particularly those which have historical antecedents of colonial rule. The study of
regional imbalances is given focus especially to Southeast Asian countries owing to its renewed
importance in the global order. Post independent India had to tackle with several problems at the
outset, regional imbalance and economic disparities being a major area. West Bengal, heralded as
the second best industrial area has faced steep decline in the last decade, owing to the three fold
reasons of unplanned government measures, policies lacking vision, along with lack of an ideal
industry friendly environment. The worst hit is the North 24 parganas Howrah belt, popularly known
as the industrial hub supplying heavy metals. There have been steep backwash effects after two
decades of spread effects in this region, which once saw many big scale industries, ancillaries,
townships and infrastructure built around them. A case study of Jessop and Company Limited has
been done to exemplify the point analyzing the reasons for decline of Industries in WB, the regional
disparities of the area vis-à-vis other regions, migration and the socio economic conditions of the
Jessop workers at present.

Keywords