Not many do biz in business centre
- No resignations, BJP prepares for stormy Monsoon session
- IPL GC meet: Thakur-Shirke want CSK, RR scrapped; Shukla-Shastri say no
- Arvind Kejriwal to PM: Devote time to Delhi Police or hand over its charge
- Two killed in landslide on Mumbai-Pune Expressway, traffic comes to halt
- IIT Delhi's decision to invite Ramdev raises eyebrows
69% Mumbaikars in salaried jobs, says report.
Though Mumbai is known as a business centre and the financial capital of the country, data show that a vast majority of the working population — about 69 per cent — is engaged in salaried jobs.
According to a draft report by Centre for Policy Research prepared for the union Ministry of Urban Development, Mumbai has the largest number of salaried employees among the five mega cities of Mumbai, Kolkata, Chennai, Bangalore and Hyderabad. The analysis is based on data from 2009-10.
The percentage of salaried employees is 61.3 in Hyderabad, 54.2 in Chennai, 47.2 in Bangalore and 38.5 in Kolkata.
In Mumbai, 27.7 per cent of population is self-employed and 3.4 per cent is casual labour.
"The extent of self-employment varies significantly across the regions. It is high in Kolkata, a bit lower in Bangalore and much lower in Chennai, Hyderabad and even Mumbai," the report said.
"Mumbai is especially interesting as it shows that even with salaried employment, informal housing remains the only available option for many," the report added.
Self-employment is the highest in Kolkata with more than 45 per cent having own set-up, followed by Bangalore where more than 38 per cent of the population is self-employed. Mumbai ranks third with Hyderabad.
"While the traditional services sector in self-employment is predominant across the cities, in Kolkata and Mumbai, manufacturing forms a large chunk in self-employment.
"In addition, a number of those employed as salaried workers also work for partnership and proprietorship firms," the report said.
About 23 per cent of the manufacturing sector in Mumbai and 46 per cent in Kolkata is based on self-employment.