Python is another open source programming that has become 
popular for creating web-related applications and large 
programs. Scripts written in Python are often very clear to 
read; the language is also known for its flexibility. 
Whether you’re looking for database tools, image 
manipulation scripts, or something else entirely, if it’s 
written in Python, you’ll find it here.

Cheers
Dhruv Pandey
Tech Guru

Yes, python provides Web framework, which can be used to
develop an web application within a short period of time.

Lot of Python Web frameworks are available now a days, Some
of the web frameworks are Django,Pylons,TurboGears.

Of course,
Python is the one of the right choice of developing web
application bcoz using python we can develop the rapid
development of the application for which other languages
requires more time.

Their are many MVC frameworks are available through which we
can develop web application in less time and writting less code.

Popular Frameworks are : Django, Zope, CherryPy, TurboGears etc.