Business Standard

Urbanisation and development

The relation between economic growth rate and the degree of urbanisation is mutually reinforcing, as higher economic growth results in high incomes that influence the rate of urbanisation

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Amit KapoorBibek Debroy
With the World Bank projecting that every seven of 10 people will be living in urban cities by 2050, the emphasis on urbanisation and its correlation with sustainable development has never been stronger. It not only gives a clear picture of the degree of concentration of people in a region but also highlights the underlying patterns that lead to the formation of a city. In India, nearly 35 per cent of the population lives in cities, and it is only projected to increase in the coming years. Factors like employment opportunities, access to innovation and technology, and relatively higher ease
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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