Bombay. The city of dreams. Maximum city. These are just a few names for India’s largest city, a city that contributes over 6 per cent of India’s gross domestic product (GDP). It is common knowledge that any city would gain prominence based on the employment opportunities it offers and thus it is no understatement that it is called India’s financial capital not just due to the presence of many financial and banking establishments, stock and commodity exchanges as well as the world’s largest diamond exchange, but also because the city contributes to a third of India’s total income tax collections.
However, for any city to make it big in employment opportunities, it needs to be livable. Investments would never flow into a city that cannot be lived in and if the city becomes unlivable, businesses would flow out. Mumbai’s financial status is a testament to this. However, what if the city was becoming more livable? Read More