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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
The rankings were decided on the basis of the cost of a shopping basket consisting of 95 goods and 27 services. This basket costs $ 38.5 in Mumbai and $ 42.8 in Delhi. Compare that to $ 121.5 in Oslo and more than $ 100 in London, Copenhagen, Zurich, Tokyo, Geneva and New York! The net hourly pay in Delhi is pegged at $ 1.2 and $ 1.4 in Mumbai, as against $ 19.5 in Zurich and upwards of $15 in London and New York. Finally, what’s urban life without that most vital ingredient – yes, right, we are talking about vacations! People in Delhi work 2,121 hours and are entitled to 15 paid vacations per year while in Mumbai, people work 2,205 hours and get 17 days off in a year. The global average is 1,844 working hours and 20 vacations. Seoul tops the list with 50.2 hours a week.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative