Kolkata’s economy in the face of extreme damage in the ongoing crisis of Bangladesh!
Due to the ongoing critical situation in Bangladesh, the businessmen of the Bangladeshi-dominated Hotel Para area of Kolkata in the Indian state of West Bengal have faced severe economic losses.
The ongoing situation caused by the recent violence surrounding the quota movement in Bangladesh has had an impact on neighboring Kolkata, India. A large part of the economy there depends on Bangladeshi tourists. In particular, there is extreme uncertainty in the areas populated by Bangladeshi tourists.
Calcutta businessmen say that hotels and accommodation are empty. A look at Marquis Street will tell you what is going on.
They hope that the current situation in Bangladesh will be normalized soon.
On the other hand, many Bangladeshi tourists are stuck in Kolkata. They also reported mixed reactions.
Thousands of Bangladeshi tourists come every day in several areas including Newmarket, Sadar Street, Free-School Street, Rafi Ahmed Kirday Street, Marquise Street in central Kolkata. The economy of the entire area is boosted by Bangladeshi tourists who come for sightseeing, medical treatment and shopping.
Especially in the vast area of Newmarket, the entire economy depends on Bangladeshi tourists. But the ongoing crisis in Bangladesh has had a direct negative impact as the country’s tourist arrivals have declined.
