Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

'Every Delhiite has at least 2 cell phones'

Nov 20 2012, 17:02 IST
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Cell phone users in Delhi increasing at an incredible rate. (Reuters) Cell phone users in Delhi increasing at an incredible rate. (Reuters)
SummaryUse of cell phones is increasing at an incredible rate in Delhi .

Use of cell phones is increasing at an incredible rate in Delhi with the number of mobile connections in the city reaching 4.25 crore against its population of around 1.70 crore, implying that on an average every Delhiite has at least two phones.

The number of mobile phone connections in 2010-11 was 3.88 crore which increased by 37 lakh to reach 4.25 crore in 2011-12, as per Delhi government statistics released by Chief Minister Sheila Dikshit today.

The number of mobile connections in the entire country is estimated to be around 90 crore. In 2009-2010, the number of connections in Delhi was 2.82 crore.

The number of fixed line phone connections in Delhi has also risen marginally from 28.38 lakh in 2010-11 to 29.12 lakh in 2011-2012.

The figures have been published in the Delhi Statistical Handbook 2012.

As per the statistics, around five lakh vehicles were registered during 2011-12 taking the total number to 74.38 lakh vehicles against 69.32 lakh in 2010-11. The number of

cars and jeeps in 2011-12 increased to 23.43 lakh from 21.73 lakh in 2010-11.

On use of public transport, the figures showed that around 162 crore passengers travelled on Delhi Transport Corporation buses during 2011-12. Around 111 crore passengers had travelled on DTC buses during 2010-11.

Delhi's per capita income, which indicates an average earning of a person, is the third highest in the country with Goa having a per capita income of Rs 1,32,719 topping the list, and closely followed by Chandigarh at Rs 1,20,912.

In an indication of sustained economic prosperity, the per capita annual income in the city has increased by over 16 per cent to Rs 1.75 lakh in 2011-12 compared to the previous fiscal, which is three times the national average and second highest in the country.

The per capita income of people in Delhi at current prices without factoring in inflation has been estimated at Rs 1,75,812, which is a rise of Rs 25,159 from Rs 1,50,753 in 2011-12, according to the statistics.

While Goa topped the list of per capita income, Haryana with per capita income of Rs 1,09,227 has occupied the third position. The national average has been worked out at Rs 60,972.

On the basis of constant prices, the per capita income in Delhi was estimated at Rs 1,19,032 in 2011-12, a jump of Rs 10,156 compared to Rs 1,08,876 the previous fiscal.

Dikshit said the literacy rate was recorded at 86.34 per cent. The literacy

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