Shravu Addagatla

 
 http://www.facebook.com/shravu.addagatla

 Worked at Network 18 
 Studied at Bhavan's Hazarimal Somani College 
 From Mumbai, Maharashtra, India

History by year

Work and education



Mumbai

Mumbai also known as Bombay, is the capital city of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million. Along with the neighbouring urban areas, including the cities of Navi Mumbai and Thane, it is one of the most populous urban regions in the world.[6] Mumbai lies on the west coast of India and has a deep natural harbour. In 2009, Mumbai was named an Alpha world city.[7] It is also the wealthiest city in India,[8] and has the highest GDP of any city in South, West or Central Asia.
The seven islands that came to constitute Mumbai were home to communities of fishing colonies. For centuries, the islands were under the control of successive indigenous empires before being ceded to the Portuguese and subsequently to the British East India Company. During the mid-18th century, Mumbai was reshaped by the Hornby Vellard project,[9] which undertook the reclamation of the area between the seven constituent islands from the sea.[10] Completed by 1845, the project along with construction of major roads and railways transformed Bombay into a major seaport on the Arabian Sea. Economic and educational development characterised the city during the 19th century. It became a strong base for the Indian independence movement during the early 20th century. When India became independent in 1947, the city was incorporated into Bombay State. In 1960, following the Samyukta Maharashtra movement, a new state of Maharashtra was created with Bombay as capital. The city was renamed Mumbai in 1996,[11] the name being derived from the Koli goddess—Mumbadevi.
Mumbai is the commercial and entertainment capital of India, it is also one of the world's top 10 centres of commerce in terms of global financial flow,[12] generating 5% of India's GDP,[13] and accounting for 25% of industrial output, 70% of maritime trade in India (Mumbai Port Trust & JNPT),[14] and 70% of capital transactions to India's economy.[15] The city houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations. It is also home to some of India's premier scientific and nuclear institutes like BARC, NPCL, IREL, TIFR, AERB, AECI, and the Department of Atomic Energy. The city also houses India's Hindi (Bollywood) and Marathi film and television industry. Mumbai's business opportunities, as well as its potential to offer a higher standard of living,[16] attract migrants from all over India and, in turn, make the city a melting pot of many communities and cultures.
Mumbai has been known to be a secular city in nature. However it has suffered several terrorist attacks from the beginning of the 21st century. There was extensive loss of life and property with the communal riots of 1992–93, and bombings of 1993 .


Economy

 

Mumbai is India's largest city (by population) and is the financial and commercial capital of the country as it generates 6.16% of the total GDP.[13][102][133] It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and INR4,000 crore (US$756 million) in corporate taxes.[134]
As of 2008, Mumbai's GDP is INR919,600 crore (US$173.8 billion),[135] and its per-capita income in 2009 was INR486,000 (US$9,185.4),[8][136] which is almost three times the national average.[77] Many of India's numerous conglomerates (including Larsen and Toubro, State Bank of India, Life Insurance Corporation of India, Tata Group, Godrej and Reliance),[102] and five of the Fortune Global 500 companies are based in Mumbai.[137] Many foreign banks and financial institutions also have branches in this area,[102] with the World Trade Centre being the most prominent one.[138]
Until the 1970s, Mumbai owed its prosperity largely to textile mills and the seaport, but the local economy has since been diversified to include engineering, diamond-polishing, healthcare and information technology.[139] As of 2008, the Globalization and World Cities Study Group (GaWC) has ranked Mumbai as an "Alpha world city", third in its categories of Global cities.[140] Mumbai is the 3rd most expensive office market in the world. Mumbai was ranked among the fastest cities in the country for business startup in 2009.[141]
State and central government employees make up a large percentage of the city's workforce. Mumbai also has a large unskilled and semi-skilled self-employed population, who primarily earn their livelihood as hawkers, taxi drivers, mechanics and other such blue collar professions. The port and shipping industry is well established, with Mumbai Port being one of the oldest and most significant ports in India.[142] In Dharavi, in central Mumbai, there is an increasingly large recycling industry, processing recyclable waste from other parts of the city; the district has an estimated 15,000 single-room factories.[143]
Most of India's major television and satellite networks, as well as its major publishing houses, are headquartered in Mumbai. The centre of the Hindi movie industry, Bollywood, is the largest film producer in India and one of the largest in the world as well as centre of Marathi Film Industry.[144][145] Along with the rest of India, Mumbai, its commercial capital, has witnessed an economic boom since the liberalisation of 1991, the finance boom in the mid-nineties and the IT, export, services and outsourcing boom in 2000s.[146]
Mumbai has been ranked 48th on the Worldwide Centres of Commerce Index 2008.[147] In April 2008, Mumbai was ranked seventh in the list of "Top Ten Cities for Billionaires" by Forbes magazine,[148] and first in terms of those billionaires' average wealth.[149]

Civic administration


Brihanmumbai Municipal Corporation (BMC) Headquarters, the largest civic organisation in the country.
A brown building with a central tower and sloping roofs surrounded by trees. A grassy ground and a coconut tree are in front of it.
The Bombay High Court exercises jurisdiction over Maharashtra, Goa, Daman and Diu, and Dadra and Nagar Haveli.
Mumbai, extending from Colaba in the south, to Mulund and Dahisar in the north, and Mankhurd in the east, is administered by the Brihanmumbai Municipal Corporation (BMC).[109] The BMC is in charge of the civic and infrastructure needs of the metropolis.[150] The Mayor is usually chosen through indirect election by the councillors from among themselves for a term of two and half years.
The Municipal Commissioner is the chief Executive Officer and head of the executive arm of the Municipal Corporation. All executive powers are vested in the Municipal Commissioner who is an Indian Administrative Service (IAS) officer appointed by the state government. Although the Municipal Corporation is the legislative body that lays down policies for the governance of the city, it is the Commissioner who is responsible for the execution of the policies. The Commissioner is appointed for a fixed term as defined by state statute. The powers of the Commissioner are those provided by statute and those delegated by the Corporation or the Standing Committee.[151]
The two revenue districts of Mumbai come under the jurisdiction of a District Collector. The Collectors are in charge of property records and revenue collection for the Central Government, and oversee the national elections held in the city.
The Mumbai Police is headed by a Police Commissioner, who is an Indian Police Service (IPS) officer. The Mumbai Police comes under the state Home Ministry.[152] The city is divided into seven police zones and seventeen traffic police zones,[107] each headed by a Deputy Commissioner of Police.[153] The Traffic Police is a semi-autonomous body under the Mumbai Police. The Mumbai Fire Brigade department is headed by the Chief Fire Officer, who is assisted by four Deputy Chief Fire Officers and six Divisional Officers.[107]
Mumbai is the seat of the Bombay High Court, which exercises jurisdiction over the states of Maharashtra and Goa, and the Union Territories of Daman and Diu and Dadra and Nagar Haveli.[154] Mumbai also has two lower courts, the Small Causes Court for civil matters, and the Sessions Court for criminal cases. Mumbai also has a special TADA (Terrorist and Disruptive Activities) court for people accused of conspiring and abetting acts of terrorism in the city.

 

 

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