Urbanites to contribute 70% of GDP by 2011: Study

New Delhi, Oct 29 | Updated: Oct 30 2006, 05:30am hrs
The contribution of urban population to national GDP is likely to register 16% growth and touch 70% by 2011 from current level of 60%. This will be possible in view of rising job opportunities that will be provided by large cities which have emerged as major epicentres for larger economic activities , an Assocham study said.

It will result for higher urban per capita income which will rise by minimum of Rs 10,000 per annum and touch Rs 36,000 per annum by 2011, the study said .

The metros and other emerging cities like Kochi, Pune and Ahmedabad will drive the growth,the study said. India has the second largest urban population in the world.