Wednesday, January 1, 2014

India’s most prosperous cities

Credit rating agency Crisil has confirmed what many had guessed for long: newbie Gurgaon has emerged as the most prosperous city in the country, leaving financial capital Mumbai way behind. Using ownership of consumer durables as a measure of prosperity, Crisil found Gurgaon has the largest proportion of households with all basic gadgets, including a computer or laptop. The study covered top cities in 16 states. Gurgaon, with 27% of its households owning all gadgets, tops the list while Chennai is second with 24% such families. Bangalore comes in a close third at 23.6%. Mumbai, however, trails way behind at 15.7%.
              Delhi, a city state, and union territories were not included in the study. However, Gurgaon has a significant number of poor households with almost 7% families having no consumer durables at all. In Mumbai’s case, the figure stands at a meager 2.2%. The consumer durables covered in the study include television sets, computers, laptops, telephones, mobile phones, two-wheelers, cars, and jeeps among others.

              Chhattisgarh capital Raipur has emerged as the poorest Indian city with only 4.6% of its households possessing all consumer goods against 21% with none at all.

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