Falta, South 24 Parganas
Encyclopedia
Falta is a town with a Special Economic Zone
Special Economic Zone
A Special Economic Zone is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws...

 and a police station in Diamond Harbour subdivision
Diamond Harbour subdivision
Diamond Harbour subdivision , is a subdivision of the South 24 Parganas district in the state of West Bengal, India. It consists of Diamond Harbour municipality and nine community development blocks: Diamond Harbour–I, Diamond Harbour–II, Falta, Kulpi, Magrahat–I,...

 of South 24 Parganas district in the India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n state
States and territories of India
India is a federal union of states comprising twenty-eight states and seven union territories. The states and territories are further subdivided into districts and so on.-List of states and territories:...

 of West Bengal
West Bengal
West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...

.

History

When Siraj-ud-Daulah sacked Kolkata
Kolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...

 in 1756, the English residents moved to Falta temporarily.

Economics

An Export Processing Zone (EPZ) was established by the government of India at Falta in 1984. It later became a Free Trade Zone (FTZ) and subsequently became a Special Economic Zone (SEZ) under the West Bengal SEZ Act, 2003. It was the first SEZ act passed by any state government in India. Therefore, the Falta SEZ was the first SEZ in India. After the government of India passed the SEZ Act in 2005, the Falta SEZ came under the purview of this act. A Special Economic Zone is a specially delineated duty free enclave and is deemed to be foreign territory for the purpose of trade operations and duties and tariffs. The units in the Zone have to export their entire production and are granted certain entitlements.

Falta SEZ was set up over 280 acres of land It has 271 companies, of which 107 are closed. About 60% of the workforce in the SEZ are women.In 2003-04, export from Falta stood at about Rs 1,500 crore,

Transport

The Kalighat Falta Railway
Kalighat Falta Railway
The Kalighat Falta Railway was one of four lines built in the early part of the 20th Century by McLeod & Company, a subsidiary of a London company of managing agents, McLeod Russell & Co. Ltd, to open up undeveloped parts of India, all of them in and around Kolkata. The running of the trains were...

was a 2' 6" gauge railway track. It was one of the four lines built in the early part of the twentieth century by McLeod and Company, all of them in and around Kolkata. The 26.95 miles long railway track was opened on 28 May 1917 from Gholeshapur to Falta and was extended a further 0.92 miles to Majherat on 7 May 1920. It was closed in 1957.
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