Bengaluru, Delhi, Mumbai, Chennai, among world’s cheapest cities to live in

March 21, 2017

Bengaluru, Mar 21: Four Indian cities are among the cheapest places to live in the world, while Singapore has been ranked as the most expensive for the fourth consecutive year, as per a report by Economist Intelligence Unit (EIU).

Majestic

Bangalore (3rd place), Chennai (6th), Mumbai (7th) and New Delhi (10th) have been ranked by EIU among the 10 cheapest cities in the world.

Almaty has been ranked as the cheapest city in the world followed by Lagos. Karachi was placed 4th, Algiers (5th), Kiev (8th) and Bucharest (9th) rank.

“Although the Indian subcontinent remains structurally cheap, instability is becoming an increasingly prominent factor in lowering the relative cost of living of a location,” EIU said, adding that “this means that there is a considerable element of risk in some of the world’s cheapest cities”.

The EIU’s Worldwide Cost of Living 2017 report -- a ranking of the world’s major cities -- said Asia is home to some of the world’s most expensive cities and also to many of the world’s cheapest cities.

Singapore retained its title as the world’s most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.

Others in the 10 most expensive list include Tokyo at the 4th position, Osaka (5th), Seoul (6th), Geneva (7th), Paris (8th), New York (9th) and Copenhagen at 10th place.

Within Asia, the best value for money has traditionally come from South Asian cities, particularly those in India and Pakistan, the report said.

Bangalore, Chennai, Karachi, Mumbai and New Delhi make up half of the 10 cheapest locations surveyed.

“India is tipped for rapid expansion as Chinese growth declines, but much of this is driven by its demographic profile, and in per-head terms wage and spending growth will come from a low base,” the report said, adding that “cheaper cities tend also to be less liveable”.

With the dollar weakening slightly against other currencies, New York is the only North American city among the 10 most expensive cities, although Los Angeles remains highly ranked, in 11th place.

The Worldwide Cost of Living is a bi-annual (twice yearly) EIU survey that compares more than 400 individual prices across 160 products and services. These include food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.

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April 13,2024

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Mysuru, Apr 13: Karnataka Chief Minister Siddaramaiah said that Prime Minister Narendra Modi, who will be visiting Mysuru on Sunday, is welcome in the state.

"Let him come and go. He is the PM. But he should tell people about what he has done to the people of Karnataka. Let him answer about the injustice done by the Union Government towards the state in terms of giving tax share, not releasing drought relief funds yet and also about the unemployment issue," he said.

The Chief Minister was speaking to media people near his residence at Sharadadevi Nagar in Mysuru on Saturday.

Reacting to a question on BJP's slogan, 'Teesri Baar Modi Sarkar, Ab Ki Baar Char Sau Paar' (Modi government for the third time with over 400 seats), CM Siddaramaiah said, "This slogan is only a strategy to divert the minds of people. Because, according to me, the NDA will not get an absolute majority/simple majority this time in the Parliament elections."

"I.N.D.I.A. bloc and the parties which are against BJP will get a majority in the Lok Sabha polls," he said.

Responding to the statement of BJP leaders that 'even if B R Ambedkar comes, the Indian Constitution cannot be changed', Siddaramaiah said, "BJP is always against the Indian Constitution. Savarkar and the second Chief of RSS M S Golwalkar both opposed the Indian Constitution written by Baba Saheb B R Ambedkar on January 26, 1950."

"When BJP MP Ananth Kumar Hegde spoke about changing the Indian Constitution twice, why wasn't he punished? Why wasn't he suspended from the party? Why didn't they drop him from the cabinet?"

"Hegde was not given a ticket for the LS polls, as he had not done any work in the five years and was only active for the last three-four months of his term. The reason Hegde was not given a ticket was because BJP had realised that he would lose the elections, and not because of his statement related to the Constitution" the Chief Minister said.

Meanwhile, regarding the nabbing of the two key suspects in the Rameshwaram Cafe blast case in Bengaluru, Siddaramaiah said, "I thank the National Investigation Agency (NIA) and also the Karnataka police for tracing and arresting the accused in the case, in Kolkata."

"They will be brought to Bengaluru and further information related to the case will be known after their interrogation," he said.

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April 11,2024

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Bengaluru, Apr 11: Congress leader Rahul Gandhi and the party's unit in Karnataka have highlighted the statement of Class 12 Board exam topper from the state, Vedant Navi, and claimed that "it was a matter of pride as their schemes were bringing effective social and economic changes".

The Congress on Thursday launched a social media campaign by releasing posters and short videos.

Rahul Gandhi in his social media post said, “Such 'Success Stories' make me believe and ensure that our 'Mahalakshmi' guarantee of putting Rs 1 lac every year in women's accounts will prove to be a revolutionary step to shaping the country's fate.”

“Congress's Gruha Lakshmi scheme going on in Karnataka under which more than 1 crore women get Rs 2,000 every month, using the same money a mother taught her son Vedant and he got second rank in the whole state in PUC exam,” Rahul Gandhi stated.

“Vedant's story is a living example of Indian women's penance and willpower to strengthen the house with pai-pai. Imagine, when women of poor families across the country will get Rs 1 lakh every year through the 'Mahalakshmi Yojana', how many Vedantas will change the future of the family with their talent? This historic plan of Congress will give the dreams of poor families a flight into reality,” Rahul Gandhi said.

The Congress in Karnataka said the schemes of the government were giving succour to the people. “It is a matter of pride that in a span of 10 months, our government’s schemes are bringing effective social and economic changes,” the party claimed.

“It is a testimony to the success of the Gruha Lakshmi scheme that the family of Vedant, who secured first rank in the Arts stream, was supported by the money provided by the Gruha Lakshmi scheme. Our schemes have brought changes in many people’s lives. The Congress party has built the lives of the people and thereby built the nation,” the Congress stated.

Vedant Navi had secured first rank in Arts Stream in Karnataka. He is the overall second-topper.

“My father is no more. My mother faced difficulties as the family was debt-ridden. In this crunch time, the money received through the Gruha Lakshmi scheme (Rs 2,000 every month given for women heads of family) helped my studies and hostel stay and other expenditures,” Vedant had stated.

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April 5,2024

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Bengaluru: A striking feature in the candidates list for the April 26 Lok Sabha elections in Karnataka is the presence of members of Janata Dal (Secular)'s first family.

Former Prime Minister and JD(S) patriarch H D Deve Gowda's son H D Kumaraswamy, son-in-law C N Manjunath and grandson Prajwal Revanna are all in the fray.

While state JD(S) chief and former Chief Minister H D Kumararaswamy is contesting from Mandya, Prajwal Revanna is seeking reelection from Hassan.

However, Manjunath, an eminent cardiologist, is contesting from Bangalore Rural on a BJP ticket, as per the arrangement between the alliance partners.

With the entry of cardiologist Manjunath into the poll arena, at least nine members of Gowda's immediate family are or have been in electoral politics.

Gowda is a Member of Rajya Sabha from Karnataka, while Kumaraswamy is an MLA from Channapatna, which comes under the Bangalore Rural Lok Sabha constituency.

Kumaraswamy's wife Anitha had represented Ramanagara as MLA in the previous assembly, and Nikhil, who is the JD(S) youth wing leader, had unsuccessfully contested the 2019 Lok Sabha polls from Mandya and 2023 assembly polls from Ramanagara.

Gowda's elder son and former Minister H D Revanna -- father of Prajwal -- is MLA from Holenarsipura, his wife Bhavani Revanna was a member of the Hassan Zilla Panchayat. Their other son, Suraj, is an MLC.

The Gowda family currently has its representation in all the four major houses of public representatives- Lok Sabha, Rajya Sabha, Legislative Assembly and Legislative Council.

This will be for the second consecutive time in the Lok Sabha elections, when three members from Gowda's family are in the fray from constituencies of the old-Mysore region (south Karnataka), which is considered to be the party's stronghold, because of the dominance of the Vokkaliga community here, to which they belong to.

Gowda (Tumkur), Prajwal Revanna (Hassan), and Kumaraswamy's son Nikhil (Mandya) had contested the Lok Sabha poll in 2019, but only Revanna emerged victorious. In fact, he was among the only two candidates from the then ruling Congress-JD(S) alliance, who won; the other being D K Suresh of Congress from Bangalore Rural.

As part of the seat-sharing deal in this Lok Sabha polls in Karnataka, the BJP would contest in 25 constituencies and the JD(S) in the remaining three -- Mandya, Hassan and Kolar. JD(S) has fielded M Mallesh Babu from Kolar.

In the 2023 assembly polls, three members of the Gowda family had contested - Kumaraswamy (Channapatna), H D Revanna (Holenarasipur), and Nikhil Kumaraswamy (Ramanagara). In the 2018 assembly polls, both Kumaraswamy and Revanna had won.

Kumaraswamy, who had then won from two seats - Ramanagara and Channapatna - vacated Ramanagara, which his wife Anita Kumaraswamy subsequently won in the bypolls.

According to some political observers, the perception in some quarters about JD(S) being too family-centric is one of its major drawbacks.

James Manor, University of London professor, who has been a keen observer of Karnataka's politics, during a webinar ahead of assembly polls last year had said, family-centred politics is causing discontent and leading to desertion. 'JD(S) suffers from over-centralisation and dictatorial leadership.'

However, Kumaraswamy has time and again defended family members contesting polls stating that , '....our family members will contest where we don't have a capable candidate, to protect the interest of our party and its workers.'

However, the JD(S)'s dynastic party image has always been used by its political opponents to target it.

Karnataka Deputy Chief Minister and state Congress president D K Shivakumar, had a dig at Gowda for fielding his son, grandson, and son-in-law, and asked 'Were there no other candidates (in JD(S))?'

'None of them is going to win...JD(S) is a party that has lost strength. If it is really strong, why did they make their son-in-law contest on a BJP ticket?' he said.

Some political analysts held the view that JD(S)' inability to grow beyond the Vokkaliga dominated old-Mysore region -- other than certain select pockets of north Karnataka -- is seen as among its other key drawbacks.

Speculations are already rife in JD(S) circles that Nikhil is most likely to be the party candidate from Channaptna assembly segment, in case Kumaraswamy wins in Mandya.

Ahead of assembly polls last year, differences in the Gowda family had come out in the open with H D Revanna's wife Bhavani wanting to contest from Hassan, but Kumaraswamy had opposed it and finally gave the ticket. 

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