Karnataka IT Minister Priyank Kharge unveiled the second chapter, YES Bengaluru, following 'YES San Francisco' - a global initiative to reimagine cities as inclusive, resilient, and sustainable.
This comes at a time when new-age sectors like quick commerce and food delivery are struggling to scale past urban markets due to reduced demand and a lower total addressable market (TAM) beyond the top eight markets.
However, the economic survey stated that the addition of transmission lines was affected by the heavy monsoon conditions that hampered work.
Non-response rate is higher for detailed surveys like Household Consumption Expenditure Survey, which are instrumental in determining consumer inflation and GDP statistics
From quarterly release of unemployment, labour force participation and worker population ratio, India is set to switch to monthly data releases from January onwards.
At 5.9%, average inflation in the five poorest states in the country, between January 2022 and June 2024, was higher than 5.78% logged by the five richest states in per capita terms
The Gini coefficient for total consumption expenditure, the most commonly used measure of inequality, declined for both rural and urban India. While it decreased to 0.266 in 2022-23 from 0.283 in 2011-12 for the rural sector, for urban households it fell to 0.314 from 0.363 for the same period.
On conveyance, the rural and urban sectors spent 14.1 percent each of their non-food expenditure in 2022-23, the survey showed.
The Urban Harmonic 2240 is available in Black and costs Rs 12,999. Urban has also launched the Urban Harmonic 1120 with a powerful subwoofer and deep bass with dedicated EQ Modes at Rs 9,999.
Among the total of 36 states and Union Territories in the country, 27 registered higher rural expenditure compared to the all-India average MPCE figure of Rs 3,773 in 2022-23. UP, Bengal, Odisha, Meghalaya, Madhya Pradesh, Jharkhand, Bihar, and Assam ranked lower than the national average.
Middle class form the backbone of the Indian economy, but growing even faster are the ‘super rich’ category, more importantly households from India’s villages which are growing at a faster pace than households in metro cities. But as the saying goes, while the rich are getting richer, the poor are getting rich too, with the number of destitute going to reduce by half by the time we turn 100. World Population Day 2023.
The telco plans to cover all urban areas of the country by the end of 2023, according to the company's CEO.
For urban areas, it was 7.50 percent, lower than the 8.62 percent recorded in September, according to CMIE data.
Contrary to fears, rural demand has recovered well after the second wave. Housing and infrastructure projects are expected to drive demand too. However, a severe third wave can pose a risk.
Unemployment rate is rising towards the record levels seen after countrywide lockdowns last year, and experts say hospitality, real estate, construction, retail, SMEs and ancillary units are the worst hit
The growth in smartphone adoption was further fuelled by the government's push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India.
The rural market grew at 5 percent in July-September (Q3) of 2019, which is one-fourth as compared to 20 percent growth in Q3 of 2018.
Speaking at the 'Raisina Dialogue' here, the housing and urban affairs minister said only 17 per cent of the Indians on the population base of 300 million lived in urban spaces in 1947.
The urban development minister today reviewed various ongoing projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) here.
The minimum balance limit news clashed with that of private sector banks charging for withdrawals above four free transactions, thus triggering a debate in social media. ICICI Bank, HDFC Bank and Axis Bank are charging a minimum of Rs 150 per transaction on deposits or withdrawal beyond the first four transactions.
"The Ministry of Housing and Urban Poverty Alleviation approved construction of 90,095 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs 5,590 crore and central assistance of Rs 1,188 crore," an official release said.
"India ranks top for having the greatest number of urbanites living without a safe, private toilet 157 million as well as the most urban dwellers practising open defecation 41 million," the report by WaterAid, a UK-based charity working in the field of safe water and sanitation, says.
"Agriculture is the basic culture of the country. I come from a farmer's family and I know the pain of the sector. Priority was not given to this sector and now the government is making all efforts to promote agriculture and is taking positive decisions in the interest of the farmers," he said.
One of the major initiatives taken by the Modi government, is to promote the policy of ‘Housing for All by 2022‘. India has a shortage of 18.8 million urban homes for the 12th five-year R
The short duration programmes involve basic level, and, in some cases, advanced level courses in areas such as electrical repair, assistant motor mechanic for two-wheeler and four wheeler, welding, mobile repair and even cybersecurity, among others