-The Times of India Delhi, which was not even among the world's top ten urban sprawls by population in 1990, is already the second largest behind Tokyo and will continue to retain that position till 2025, according to a UN projection. Mumbai, which was at No. 5 in 1990, has climbed to the fourth spot and will be No. 3 in the next 13 years. The projections made in the UN's recent...
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Delhi, Mumbai far from being world class cities, says UN -Dipak Kumar Dash
-The Times of India India's two top metros, Mumbai and Delhi, still lack what it takes to be world class cities. In a United Nations report on world's cities, India's financial capital ranked 52 among 95 cities while the political capital came in 58th. The State of World's Cities report released by UN Habitat on Wednesday, ranked cities on five parameters of "prosperity". While Shanghai, Beijing and Bangkok were all ranked higher...
More »For richer, for poorer-Zanny Minton Beddoes
-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...
More »Rural prosperity no mirage; real rural wages have grown 6.8% each year in last 4 years-A Gulati and AK Jena
-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...
More »economic prosperity fuelling food inflation: Raghuram Rajan
-PTI economic prosperity is fuelling food inflation in the country, Chief Economic Adviser Raghuram Rajan today said while making a case for increasing productivity to fight price rise. In his first media interaction after assuming charge, Rajan justified the diesel price hike saying there is a need to link domestic fuel prices with international rates to curb fiscal deficit. "One of the concerns of the last few years has been food inflation, which...
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