Under what conditions can cities act as engines of productive economic transformation?
Answers
Explanation:
The skyline of Mumbai city (Photographer: Abhijit Bhatlekar/Bloomberg News)
The skyline of Mumbai city (Photographer: Abhijit Bhatlekar/Bloomberg News)
Cities As Engines Of Growth
Amitabh Kant, Viraj Mehta
10:34 AM IST, 06 Oct 2016
1:35 PM IST, 06 Oct 2016
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Over the next two decades, India needs to grow sustainably at nine to 10 percent in order to realize the full potential of its economy and demography. Such high level of growth will come from industrial and service sectors. Also, this growth needs to come with full employment, as the country needs to create approximately 10 million new jobs every year to provide meaningful employment to the growing youth population. Global experiences reveal that growth in industries and services invariably takes place in cities due to agglomeration economies, increase in productivity, innovations and entrepreneurship. Thus urbanisation is a key driver of growth.
India is urbanising very fast and as per UN Habitat Report of 2016, about 32 percent (420 million people) of population is living in urban areas. As per projections, the urbanisation level is expected to cross 50 percent by 2050 when one out of every two Indians would be living in cities. There is a mega wave of urbanisation on the anvil that needs to be managed well so that cities can attract investments, become hubs of growth, talent, creativity and innovation, thereby creating vibrant habitats for millions of citizens, including those moving from rural to urban areas in anticipation of promising opportunities.
Answer:
ધડધફઞઠ છે. . અને, આ ઉપરાંત આ વર્ષે વરસાદ ઓછો છે. આ ઉપરાંત આ વર્ષે પણ આ વખતે પણ . . . English. draft a few minutes to any network and 30th April