Indian Economy-News & Updates

[Neo]

Very informative thread, thanks for sharing the info
Impressive performance by several states, I envy them!

 

[Malang]

In Delhi OTOH, Shiela Dikshit is going to be elected the third time in a row because and ONLY because of the development she has brought in the city.

Apparently not.. they have done some major screw ups too...

From the Delhi Metro, a pilot project to the High Capacity Bus System(BRT), Highways and Superways(a 16 lane highway throughout,comming up b/w Dwarka and Gurgaon connecting DIAL).

I am not sure of which superway you are talking of?? one just got operational recently..

Currently the highways only become 16 laned at the toll point, this will be around 24 laned at the toll point and 16 laned otherwise-the highest in the country.

the highway not only is huge but has elevated tracks so that Gurgaon traffic doesn't stop the flow en route to Jaipur..

Delhi and Noida are already linked with an Expressway.
Delhi and Gurgaon is now also linked with an expressway.

Apart from that the Delhi Gurgaon expressway, 8 laned throughout and 16 laned at the toll point, has been opened recently, the total length of the highway is 27.something km's.

You can buy sensors so that you don't have to wait to pay your toll.. and Central Delhi(Dhaula Kuan cloverfield flyover) is linked to Jaipur, Rajashtan some 300kms away by means of extended flyovers and expressways so no need to literally stop anywhere from Central Delhi to Jaipur, Rajasthan (via Gurgaon, Haryana).

Delhi Metro is going to cover literally ALL of Delhi and NCR region by 2010.

by 2010 the 2nd phase of Metro will be operational which will link Delhi to Gurgaon, Haryana and Noida, Uttar Pradesh..

by 2020 it will be larger than London Tube..
Metro is already operational over significant area of Delhi.. but even till 2020 will IMO not cover all of NCR, NCR is 25times the size of Delhi... (~Delhi is 1400sq km NCR is 35000 sq km almost as big as Punjab or Haryana) but eventually NCR will be covered perhaps beyond 2020...

Infact by 2010, Delhi will have the highest number of flyovers and underpasses combined in Asia barring Tokyo.

the good thing is many of these flyovers & underpasses are already operational... but more are required.. Delhi has more cars than Bangalore, Calcutta, Madras, Bombay put together and has a lesser population than Bombay or Calcutta.

Delhi is an electrcity deficit state though.

Delhi's electricity woes are far from over but situation has improved , Water scarcity is also an issue in some parts...

The massive real estate in Noida, Faridabad and Gurgaon is impressive.. they have more construction happening than Dubai IMO...
Massive towers and also the world's biggest building is being built in Noida..
Dozens of Golf Courses are already opertional..
Delhi's Airports, Railway Stations are all being renovated...

next time when I am going to Gurgaon I will post take some pics...


View attachment 388e1ab4a7c8de87bd6dad30cd4df198.jpg

 

[Malang]

Mumbai isn't "doomed" or anything, just that it needs to do some urgent catching up.

Its infrastructure is still among the best in the country and improving.

Navi Mumbai is coming up in a big way, and its got several high-profile projects lined up.

Maharashtra needs someone like Chandrababu Naidu in order to give it a fillip.

Delhi's infra by far is the best in India compared to other metropolises..

 

[Malang]

Delhi is Indias capital and it must be better then the other cities in every aspect.

such was not always the case... ever since Delhi got its own govt. it just raced ahead of others... and as compared to metropolises it is the best but as compared to cities it is not ..

 

[Flintlock]

such was not always the case... ever since Delhi got its own govt. it just raced ahead of others... and as compared to metropolises it is the best but as compared to cities it is not ..

Delhi is only getting so much attention because of the Commonwealth Games.

Frankly, in spite of all the effort, I am not too optimistic about how the thing is coming along. Most of the big construction is nowhere near completion.

Once the commonwealth games are over, things will cool down.

 

[Malang]

Delhi is only getting so much attention because of the Commonwealth Games.

Frankly, in spite of all the effort, I am not too optimistic about how the thing is coming along. Most of the big construction is nowhere near completion.

Once the commonwealth games are over, things will cool down.

Delhi is the only city capable of hosting Games in India... and CW is a catalyst

Govt as usual will fail to deliver and CWG will be a damp squib...

The big construction is happening because of private sector involvement and I don't think see things cooling down.. One of the world's largest metros, BRT, Expressways, flyovers, wide roads, High rises, Industries, AC buses etc.

It is a sight to behold..

 

[Flintlock]

Rank State Tax Revenues (Figures in Million Rupees)
— India 2,111,383

1 Maharashtra 332,476
2 Tamil Nadu 208,836
3 Uttar Pradesh 195,921
4 Andhra Pradesh 195,430
5 Karnataka 174,458
6 West Bengal 144,324
7 Gujarat 138,964
8 Kerala 111,248
9 Rajasthan 95,241
10 Madhya Pradesh 90,341
11 Haryana 84,582
12 Punjab 81,669
13 Bihar 50,181
14 Orissa 43,582
15 Chattisgarh 34,458
16 Assam 31,254
17 Jharkhand 29,941
18 Jammu and Kashmir 16,719
19 Uttarakhand 14,965
20 Himachal Pradesh 13,880
21 Goa 10,496
22 Tripura 3,928
23 Meghalaya 2,433
24 Nagaland 1,580
25 Manipur 1,513
26 Sikkim 1,197
27 Arunachal Pradesh 1,060
28 Mizoram 706

 

[Flintlock]

Delhi is the only city capable of hosting Games in India... and CW is a catalyst

Govt as usual will fail to deliver and CWG will be a damp squib...

The big construction is happening because of private sector involvement and I don't think see things cooling down.. One of the world's largest metros, BRT, Expressways, flyovers, wide roads, High rises, Industries, AC buses etc.

It is a sight to behold..

I think Mumbai is definitely capable of hosting the CWG, infact I think would have been better to have it in Mumbai. Its India's commercial and cultural capital.

By "big construction" I don't mean the highways and metro, I mean the CWG venues and staduims etc.

Oh and dun worry...Delhi ain't getting any highrises yet....the FSI is still quite low. For real highrise construction you need to go to mumbai. There are atleast 4-5 80+ story buildings under construction.

 

[Energon]

Gujarat will probably emerge as the most prosperous state in the next 8-10 years.

Punjab is still sitting on its laurels from the Green Revolution. It needs to industrialize in order to keep its ranking.

Mizoram is India's "Coolest" state...best literacy and most laidback people.

Kerala is the ideal welfare state....very high equality and literacy....rivals scandinavian countries on that count.

Gujarat has the advantage of an extremely powerful NRI lobby particularly in the USA and the UK. Having said that, IMO this state is still extremely backward when it comes to social evolution and maturity. Religiomania runs very high among the constituents and the elected government officials alike, their only saving grace is the extreme adherence to capitalistic business principles. Personally, I don't think I'll ever get over the sectarian shortcomings no matter how much this part of the country develops materialistically.

Punjab of course is still reaping the benefits of the green revolution, however credit must be handed to the administrators for instituting good policies as well.

Kerala may have a higher literacy rate compared to the rest of south asia, however I'm not really sure about the accuracy of its "equality" measures given that its primary driving source is communism and not social beneficence on account of maturity. For now however, they are better off in this regards to most other Indian states. Many of the state's economic aspects are however still extremely suspect as far as I'm concerned. There is very little industrialism here (as opposed to the Scandinavian nations) and most of the income is generated by an emigrated workforce thereby alleviating the state's own welfare system.

Mumbai is beginning to lose business because the port infrastructure in Gujarat is far better than Mumbai, which is more or less a colonial relic.
Gujarati highways rival the Chinese ones and they produce surplus electricity...

There is no doubt that Mumbai is besieged with a lot of problems. Pathological iconic "politicians" and/or self proclaimed social leaders like Bal Thackeray and his ilk are doing immeasurable damage to the city. However to play devil's advocate, the other even bigger problem is unfettered immigration of low skilled labor who are an impediment to any potential progress. Lastly, Mumbai being an island with its gargantuan undocumented population has physical limitations as well. Essentially no expansion or renovation can be done if every open/unused piece of land has been encroached upon by slums inhabited by impoverished migrants. Gujarat from what I understand doesn't have these problems, or at least not to Mumbai's extent. There is no way this city can be realistically rehabilitated unless the homeless noncontributing migrant masses are made to vacate the island; however this is unlikely to happen given the serious humanitarian implications attached to any such programs. India can't do with Mumbai what the Chinese did with Beijing; so there's no point in seriously entertaining any such ideas.
What I see happening to Mumbai is that over the next 20-25 years, people will lose their patience with the city's status as a commercial capital. With improving road, rail and air links (especially those between the port areas and main-land Maharashtra) numerous industrial satellite centers like Thane and Pimpri-Chinchwad will develop resulting in a large scale industrial and commercial exodus subsequently triggering mass reverse migration. Eventually the island-city will become a residential hub.

 

[Energon]

I think Mumbai is definitely capable of hosting the CWG, infact I think would have been better to have it in Mumbai. Its India's commercial and cultural capital.

By "big construction" I don't mean the highways and metro, I mean the CWG venues and staduims etc.

Oh and dun worry...Delhi ain't getting any highrises yet....the FSI is still quite low. For real highrise construction you need to go to mumbai. There are atleast 4-5 80+ story buildings under construction.

Impossible mate. There is no way a large event like the CWG can be held in Mumbai without wreaking havoc on the city's daily operations... which would make the entire venture financially inviable.

India needs to come up with a unique urban development plan fast. What they're doing right now is pathetic and neither the Western nor the Chinese models can really be copied on account of various issues.

 

[ashfaque]

Both Mumbai and Delhi are world's one the most dirtiest city. Delhi is running behind all plans for CW games, it would be interesting to see will happen to CW games.

Mumbai, please dont tell, I am from there only, its not financial capital, actually its hell capital. "Live humans in Hell"

 

[Contrarian]

Apparently not.. they have done some major screw ups too...

The one BRT is going under trials, you cant call it a screw up. I think it will work. And as regards for the demolition of illegal colonies, i completely agree.

I am not sure of which superway you are talking of?? one just got operational recently..

Yeah, thats the one. The Delhi Gurgaon Highway. But i was talking about the new plan to connect DIAL to Gurgaon through Dwarka, an alternate to the new highway. And its going to be the biggest in the country, lane wise.

the highway not only is huge but has elevated tracks so that Gurgaon traffic doesn't stop the flow en route to Jaipur..

Yep. And the toll point on that express way is the biggest in Asia. The new one they plan to build, the one i mentioned above will take that title from this one.

EDIT: THe current Delhi Ggn toll plaza is 32 laned, i mentioned a lower amount in my previous post.

You can buy sensors so that you don't have to wait to pay your toll.. and Central Delhi(Dhaula Kuan cloverfield flyover) is linked to Jaipur, Rajashtan some 300kms away by means of extended flyovers and expressways so no need to literally stop anywhere from Central Delhi to Jaipur, Rajasthan (via Gurgaon, Haryana).

I need to get that pass soon, my cabby feels we dont need it!
Oh and FYI there are plans to make a universal toll pass for India. As in, you buy one of those sensors from any expressway or flyover and it can be used over any expressway in India, simply the amount will be deducted from the pass stuck on your car when you pass the sensor.

by 2010 the 2nd phase of Metro will be operational which will link Delhi to Gurgaon, Haryana and Noida, Uttar Pradesh..

by 2020 it will be larger than London Tube..
Metro is already operational over significant area of Delhi.. but even till 2020 will IMO not cover all of NCR, NCR is 25times the size of Delhi... (~Delhi is 1400sq km NCR is 35000 sq km almost as big as Punjab or Haryana) but eventually NCR will be covered perhaps beyond 2020...

I meant the major cities. For example, what is the need for Metro to extend to Rohtak? or Modi Nagar? Both come in NCR. The major cities will be covered by 2010, by the time of commonwealth games.

the good thing is many of these flyovers & underpasses are already operational... but more are required.. Delhi has more cars than Bangalore, Calcutta, Madras, Bombay put together and has a lesser population than Bombay or Calcutta.

Delhi's electricity woes are far from over but situation has improved , Water scarcity is also an issue in some parts...

The massive real estate in Noida, Faridabad and Gurgaon is impressive.. they have more construction happening than Dubai IMO...
Massive towers and also the world's biggest building is being built in Noida..
Dozens of Golf Courses are already opertional..

Delhi's Airports, Railway Stations are all being renovated...[/QUOTE]
The Railway station will become like the Airport, and the airport i think is being expanded to be around 10kms in size(or so i heard, havent bothered to check it out!)

 

[Contrarian]

Delhi is Indias capital and it must be better then the other cities in every aspect.

That was my point. In Delhi since the last 3 elections, the ONLY slogan or campaigning has been over development. That is which party developed Delhi more. And that is the SOLE reason for Shiela Dikshit winning three times in a row, she has really speeded up x10 any infrastructural development work in Delhi. Parties dont fight over anything other than trader rights, roads, highways, electricity and water.

OTOH in Mumbai you have people like Raj Thackeray, who want 'atleast 50% of the jobs created by MIAL to go to the local people'. With regressive leaders like these, Mumbai will become another Kolkota. An industrial and entertainment powerhouse of the 'yesteryears'.

And speaking on that, CPIM has been going ahead full steam over any kind of mega industrial project they can convince any company to set up in West Bengal. Offering ALL kinds of subsidies, etc! It seems the commies only know and use communism outside their own state!

 

[Contrarian]

I think Mumbai is definitely capable of hosting the CWG, infact I think would have been better to have it in Mumbai.

Please tell me your joking SA. I'v been to Mumbai, the flyovers there are not half the size of the ones in Delhi, in length AND width!

The roads are clogged, once it rains, the entire city goes to the dumps, taffic jams are more common to see than smooth flowing traffic.

By "big construction" I don't mean the highways and metro, I mean the CWG venues and staduims etc.

Yeah, and you need to see the stadiums being completely renovated and expanded for the CWG. All the stadiums, the venues, etc, etc.

There is a REASON, why Vijaya Mallaya and IOA wants to host F1 in Delhi and not in Mumbai.

Oh and dun worry...Delhi ain't getting any highrises yet....the FSI is still quite low. For real highrise construction you need to go to mumbai. There are atleast 4-5 80+ story buildings under construction.

You need to come and see Gurgaon mate. There's no company in India that hasnt got offices there. And no major company in India that hasnt got its own building there. NOt to mention, you have not read the expansion plans of Gurgaon, its breath taking!

Im telling you mate, the rest of the country is following in Delhi's footsteps and not the other way around. Gujarat and W.Bengal have different development models focusing on heavy engineering and heavy industries, something Delhi cannot do. Different ways, but all of them barring the BIMARU states are going good.

Even Uttar Pradesh has MASSIVE development plans under Mayawati, a new international airport rivaling Delhi International Airport Ltd(after the renovation/expansion) in G.Noida(this is only 70kms from Delhi). A highway running parallel to the Ganges, among many many other things. Hope Mulayam doesnt derail things.

 

[Flintlock]

Please tell me your joking SA. I'v been to Mumbai, the flyovers there are not half the size of the ones in Delhi, in length AND width!

What did Delhi have before the CWG announcement? Nothing much. All the recent work was done in anticipation of CWG.

Apart from the Metro, there was little to distinguish the two cities. Infact Mumbai was cleaner until very recently.

You need to come and see Gurgaon mate. There's no company in India that hasnt got offices there. And no major company in India that hasnt got its own building there. NOt to mention, you have not read the expansion plans of Gurgaon, its breath taking!

Bah..Gurgaon has a large population, but it doesn't have any highrises worth the name. It doesn't even have decent roads yet.

Even Uttar Pradesh has MASSIVE development plans under Mayawati, a new international airport rivaling Delhi International Airport Ltd(after the renovation/expansion) in G.Noida(this is only 70kms from Delhi). A highway running parallel to the Ganges, among many many other things. Hope Mulayam doesnt derail things.

Yeah rite...Mayawati....Pinch me.

All the work at Noida is done in spite of Mayawati, not because of her.