write short note on development of Delhi
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Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the largest metropolises in the country. Delhi shares its borders with the states of Uttar Pradesh and Haryana. It is the centre of international politics, trade, culture and literature in India.
Delhi is one of the fastest growing states of the country. At current prices, the Gross State Domestic product (GSDP) of Delhi increased at a CAGR (in Rs) of 12.41 per cent between 2011-12 and 2018-19 to reach Rs 7.80 trillion (US$ 108.06 billion). The per capita GSDP (in Rs) increased a CAGR of 10.30 per cent between 2011-12 and 2018-19 to Rs 402,173 (US$ 5,574.12).
Delhi has an attractive real estate market and is a preferred tourist destination. Owing to its location, connectivity and rich cultural history, Delhi has always been a prime tourist attraction of the country. Delhi Metro is the seventh busiest metro rail network in the world with 178.9 million people having used the service in 2017.
The Government of Delhi has been committed towards creating a progressive business environment. The new Industrial Policy 2010-21 aims to provide a conducive environment for knowledge-based and hi-tech IT/ITeS industries in Delhi.
Department for Promotion of Industry and Internal Trade (DPIIT) , FDI inflows in Delhi, including part of Uttar Pradesh and Haryana, stood at US$ 84.64 billion from April 2000 to March 2019.