Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

North Kolkata pujas beat recession blues
Swati Garg / Kolkata Sep 26, 2009, 00:59 IST

The slowdown in the economy over the past year and a half has not dented the Pujo festivities or the budgets of puja pandal committees as anticipated earlier, at least in north Kolkata.

Pradip Ghosh, president, Santosh Mitra Square pujo committee and a senior Congressman, said, “Recession will never have an impact on the manner in which we celebrate puja. Our budgets have been on the rise and will continue to do so.”

The manner of raising funds remains traditional for most committees. The average budget of the better known pujas in north Kolkata range in the vicinity of Rs 25-30 lakh. Brand advertisements and sponsorships remain just a fraction of their cost. So, with the green shoots in the economy, even a little loosening of the corporate kitty comes as a bonus.

Majority of the spending by the committees are met from the souvenirs that they publish every year. A souvenir for the larger pujos could raise about Rs 15 lakh while a sovenier for the smaller ones could raise about Rs 5-8lakh. Stalls and advertisements are the other contributors. The cost of setting up a stall at Santosh Mitra Square could range between Rs 5,000 for the smaller food stalls to Rs 65,000 for stalls like Coca-Cola, said Ghosh.

Banners around the bigger pandals like Santosh Mitra Square, Mohammad Ali Park or College Square host brands like Vodafone, Aircel, Coca-Cola, Pepsi, French Motors, ITC and Emami.

“Our budget is about Rs 25 lakh as opposed to Rs 24 lakh last year. Recession does not affect the manner in which we raise money or the amount of money that is ultimately available for the festivities,” said Bikash Majumder, Secretary, College Square, one of the oldest and most renowned Puja committees in north Kolkata.

However, considering the price hike, pujas with similar or little more budget than the previous year would not measure up much. Nevertheless, that would not take away the sheen of puja in Kolkata either.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
Tags : recession
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Tata Motors skids as margins dip at JLR
- Rupee-sensitive stocks risky for new investors
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us