West Bengal stands at the edge of an economic cliff. Since 2011, when Mamata Banerjee came to power, the state has seen an unprecedented industrial exodus — 6,688 companies forced to leave, including giants like Wipro, Cognizant, IBM, Reliance Power, Electrosteel Casting, Durgapur Project, Ultratech Cement, and Dalmia Jute.
Instead of attracting investment, Banerjee’s government passed a bill withdrawing facilities for private companies, forcing industry out of Bengal and condemning lakhs of workers to unemployment.
A State Crippled by Debt and Populism
West Bengal’s debt burden has now crossed an alarming Rs. 6 lakh crore, a crushing liability fueled by endless subsidies and populist social schemes that drain resources but create no sustainable growth. Every new “freebie” may buy votes, but it pushes the state deeper into financial collapse.
Industries have vanished, jobs are scarce, tax revenue is drying up, and Bengal is running on borrowed money — a ticking time bomb for the next generation.
Political Hypocrisy at Its Peak
This crisis is not just economic — it is political betrayal.
- Mamata Banerjee rose to power in 2011 with BJP support, ousting the 34-year Left Front rule of CPIM.
- Today, to cling to power, she courts Congress and CPIM — the very forces she once vowed to destroy.
- This opportunism is not leadership, but survival politics, leaving Bengal’s future hostage to instability.
The Result: A State in Decline
- Industrial graveyard: Companies continue to flee.
- Youth exodus: Bengal’s talent migrates to other states for jobs.
- Policy paralysis: Populism rules, reforms are abandoned.
- Debt trap: Every new scheme piles more burden on taxpayers.
Verdict
West Bengal, once a proud industrial and cultural hub, is now being ruined by the arrogance, hypocrisy, and short-sighted politics of Mamata Banerjee.
The same leader who promised “poriborton” (change) has delivered economic stagnation, suffocating debt, and political opportunism. Bengal is not just falling behind — it is being dragged into a manufactured decline.
