Industrialization in India
By: Top • Essay • 355 Words • May 6, 2010 • 1,075 Views
Industrialization in India
Collect statistics and evidence that shows that the India is industrializing. What does this information tell you about Industrialization? Imagine you live there, what is the effect on people’s quality of life?
India’s annual GDP growth has been strong and steady at more than 6 percent over the past decade and accelerating to over 8 percent in recent years following wide-ranging structural reforms begun in 1991. Poverty rates have fallen from about 36 percent to 28 percent between 1993 and 2004.
The Mumbai Urban Transport Project (MUTP)is Mumbai's biggest-ever comprehensive transport management plan.
The project aims to strengthen institutional capacity, and supports the equitable resettlement and relocation of all those affected by the infrastructure works.
This is the first attempt in India and the World Bank to resettle such a large number of people in an urban area.
Flush with money from land sales, they are building their dream homes, buying fancy cars and throwing lavish wedding parties. Many of them are also buying land elsewhere, opening shops and small businesses. A few have started running fleets of cabs for all car centers around New Delhi.
In the past year, the Bank has been working closely with the state government assisting them in developing an action plan for the revival of the Mumbai