indicus - business today - best cities to work, play and live

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ON THE STANDS June 28, 2009 Indicus - Business Today Best Cities to Work, Play and Live

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The Methodology This is a two-pronged study incorporating the results from secondary as well as primary data. Primary data was collected by way of an online survey. The secondary component was primarily used to create indices. This is done in the following manner: Overall, about 40 measures are collected to generate a precise quantification of conditions across each city. Cities are then ranked across these different measures. The availability of data depends on whether the same set of data is available for all cities as well as the frequency of updating datasets. Generally, most of this data is relevant for 2009. In order to ensure comparability across cities irrespective of size or population of a city, the data is normalised with the appropriate variable (in some cases it may be area, in others population). The normalisation variable differs across different data. Rating for each of the categories mentioned above is derived from an equal weighting formula. A ranking exercise is then conducted based on the ratings calculated above. In addition, an online survey is conducted in top 30 cities. The parameters are captured in the survey to calculate the people’s perceptions about their living conditions, earning and business opportunities in their respective cities. LIST OF PARAMETERS CONSIDERED FOR INDICES LIFE AT WORK Employment Growth: ■ No. of job ads with minimum 0-1 year experience (per capita) ■ Employment growth rate ■ Worker per enterprise Small Business Growth: ■ Total scheduled commercial banks credit (utilised by different sectors) growth rate ■ No. of SSIs (small scale industries) availing credit (growth) Per Capita Income: ■ Annual per capita income of urban households Financial Infrastructure: ■ Number of ATMs (per capita) ■ Proportion of organised enterprises in total enterprises Business Environment: ■ Incidence of counterfeiting and cheating ■ General attitude of people in the city ■ Traffic during work hours ■ Availability of career opportunities matching individuals’ skills set ■ Opportunities in building a business/ professional career LIFE AFTER WORK Entertainment: ■ Per capita availability of restaurants & hotels ■ Per capita availability of malls ■ Tourist places to visit ■ Adequacy of malls, movies halls and other places of entertainment ■ Adequacy of parks Housing: ■ Population density per sq. km. ■ Percentage of owned households ■ Consumer Price Index for housing* ■ Growth in Consumer Price Index for housing* ■ House rentals* Education: ■ Percent total literate Population (Age 7+) ■ No. of AICTE-approved seats in M.B.A, Engineering, Medical etc. (per capita) ■ Number of UGC-approved universities (per capita) ■ Number of college courses (per capita) ■ Quality of schools Safety: ■ Total IPC crime (per capita) ■ Percentage of theft in total crime ■ Percentage of murder in total crime ■ Percentage of crime against women in total crime ■ Percentage of riots in total crime ■ General safety of women ■ General responsiveness of the police Standard of Living: ■ Percentage of urban households with annual income greater than Rs 10 lakh ■ Percentage of urban households with annual income between Rs 3-10 lakh Environment* ■ RSPM levels in residential areas ■ NO2 levels in residential areas ■ Variation in temperature ■ Pollution levels Health: ■ Percentage of children age 12-35 months who received full immunization ■ Number of hospitals offering cashless services ■ Percentage of mothers who had at least 3 ante-natal care visits during the last pregnancy ■ Percentage of mothers who got at least one TT injection when they were pregnant ■ Contraceptive prevalance rate ■ No. of registered hospitals (per capita) ■ Adequacy of good quality hospitals Public Facilities: ■ Percent

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Page 1: Indicus - Business Today - Best Cities to Work, Play and Live

ON THE STANDS June 28, 2009

                                         

Indicus - Business Today

Best Cities to Work, Play and Live

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www.indicus.net

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