Study: Kolkata’s economic performance better than other major cities in India

Kolkata ranks 32 in performance among 300 world cities in the annual 2014 economic rankings of cities worldwide conducted by the Brookings Institution and JPMorgan Chase. It has left behind Mumbai, Hyderabad, Bengaluru and Chennai. The only better ranked city of India in the report is Delhi.

A study was conducted of world’s largest 300 cities, which accounted for almost half of global output in 2014. The report is based on two key economic indicators- annualised growth rate of real GDP per capita and annualised growth rate of employment. These indicators were combined into an economic performance index and the metros were ranked.

For India, 5 leading cities viz Delhi, Kolkata, Mumbai, Bengaluru, Chennai and Hyderabad were considered for the study. Except for Delhi, all cities are ranked below Kolkata.

  • Kolkata has been ranked at 32 out of the 300 cities.
  • The rank for other cities in India are – Delhi (18), Mumbai (52), Chennai (57) ,Hyderabad  (76), and Bengaluru (87).
  • Kolkata: The annualised growth rate of real GDP for 2013-14 is 2.5% and annualised growth rate of employment is 4.7%.

 

City ranking

 

The table above shows the results of the study of Global Metro Monitor 2014 in respect of the 6 Indian cities.

The study commented, “These indicators matter because they reflect the importance that people and policymakers attach to achieving rising incomes and standards of living and generating widespread labour market opportunity.”

 

BJP using CBI for political vendetta: Mamata Banerjee

Trinamool Chairperson Mamata Banerjee addressed the press in Parliament today. She is in New Delhi to visit the President.

In her speech she said Trinamool Congress has no connection with any chit fund scam.

 

Here are the highlights of her speech:

Trinamool won 34 seats in the Lok Sabha election. But I could not come to visit them in Parliament earlier. So I have come here today.

  • Trinamool has no connection with any chit fund scam.
  • People who are cheating people in the name of chit funds are illegal.
  • Chit funds come under Centre’s jurisdiction. It comes under RBI and SEBI. States are not empowered to act.
  • We passed a Bill in State Assembly to regulate chit funds. But Centre has not responded on it till now.
  • What were RBI and SEBI doing when chit funds were set up?
  • Not just Saradha, why have they not acted against any other chit funds?
  • There is a chit fund called PACL which looted Rs 47000 crore. Why no action has been taken against them?
  • We arrested the Saradha chit fund owner. We set up a commission and gave money back to 5 lakh people.
  • Why have they not returned a penny after CBI took over investigation?
  • We are the only Government who returned money back to poor investors.
  • Mother of thieves shouts the loudest. They are politicizing the issue.
  • CBI was given the case of Tagore’s Nobel theft. They failed to crack the case. CBI has failed in Singur, Nandigram, Netai.
    CBI is being used for political vendetta.
  • People who are working transparently are being branded thieves and the real thieves are running the country.
  • Democracy cannot be bulldozed. We are fighting battle against BJP which is why they are jealous.
  • Why they said Bhaag, bhaag bhaag? Koi nahin bhaagega… janta aap logon ko bhagayega.

Derek O’Brien speaks in RS on the sexual assault of a woman by a cab driver in Delhi

Sir, there were two incidents last week, both in Delhi, both involving people who are desperately fighting for their rights. The one where the minister gave a statement about the woman and the other about minorities in Delhi whose church was burnt.

I want to make three direct questions to the Home Minister because we had this sad incident on the December 16 two years ago. So from the December 16, 2012 till now what has been done?

How many all women’s police stations have been set up in Delhi in the last two years? I know the figure for Bengal – 65. Twelve are being rolled out every year.

My second question – How many fast track courts have been set up since that dastardly incident to now in the last 24 months? I will give you the number for Bengal since that disastrous day – 45. Our target is to set up 88.

My third question is – Are you considering setting up a model, like we do in Bengal, like Aatmaraksha where young girls across executives and juniors are trained how to handle these difficult situations.

These are my three questions, direct questions to the Home Minister, because what we heard today from the Home Minister:

a. Was a photocopy of the FIR and

b. That Uber is banned or will be banned.

Let’s look at the bigger picture to provide, Sir, actual happenings. Today I am happy to state all the statistics and whatever little awards we are getting. My city Kolkata is the safest city in the last two years with regards to these crimes.