Delhi is the best Indian city to live
The Ernst & Young report states that Delhi outperformed other cities in its road network and social infrastructure.
By PTI |
MUMBAI: Riding on its high quality of life, transporatation infrastructure and overall labour force contributing to its economic growth, Delhi has emerged on top among 48 Indian cities, including Mumbai, as the best place to reside, according to a report by Ernst & Young.
The report, which took into consideration 57 parameters before arriving at the conclusion, said between Delhi and Greater Mumbai, the national capital takes the lead on city prosperity index due to its lower population and hence higher per capita income. Delhi also indicates greater propensity to save earnings and lower credit growth.
The consultancy firm's findings were unveiled by Urban Development Minister S Jaipal Reddy at the Ficci-organised International Real Estate Summit here today.
On the business environment index as well, Delhi out scored all other cities as it has a large workforce and more number of management garduates, people employed in trade and services and other business activity as compared to most of the other major cities such as Mumbai, Chennai and Bangalore.
However, on the urban governance index, Greater Mumbai top-scored, leaving Delhi at the second spot.
"Delhi has arguably the best infrastructure in India. It has out-performed almost all cities on all the indcators that comprised the infrastructure index," the report said lauding its road network and social infrastructure, including hospital and educational institutes.
The report, which took into consideration 57 parameters before arriving at the conclusion, said between Delhi and Greater Mumbai, the national capital takes the lead on city prosperity index due to its lower population and hence higher per capita income. Delhi also indicates greater propensity to save earnings and lower credit growth.
The consultancy firm's findings were unveiled by Urban Development Minister S Jaipal Reddy at the Ficci-organised International Real Estate Summit here today.
On the business environment index as well, Delhi out scored all other cities as it has a large workforce and more number of management garduates, people employed in trade and services and other business activity as compared to most of the other major cities such as Mumbai, Chennai and Bangalore.
However, on the urban governance index, Greater Mumbai top-scored, leaving Delhi at the second spot.
"Delhi has arguably the best infrastructure in India. It has out-performed almost all cities on all the indcators that comprised the infrastructure index," the report said lauding its road network and social infrastructure, including hospital and educational institutes.
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