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Just how rich are Islamabad & Karachi?

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    Just how rich are Islamabad & Karachi?

    By Kaleem Omar

    KARACHI: Gloom-and-doom type commentators in this country never tire of reminding us of how India's economy is doing "so much better" than ours. But by one important yardstick at least, India is way behind us. The yardstick: which of the two countries has the richest cities, India or Pakistan?

    According to a new survey of 40 key Asian cities carried out by the Hong Kong-based news magazine Asiaweek, Islamabad, Pakistan's richest city, with an average per capita income of $ 7,665, and Karachi, its biggest city, with an average per capita income of $ 6,961, are both several times richer than India's three richest cities: Bombay, Delhi and Bangalore.

    Bombay (or Mumbai, as Maharashtra's Shiv Sena state government insists on calling it), India's richest city, and also its biggest, has an average per capita income of $ 2,515 - only 33 per cent of Islamabad's and only 36 per cent of Karachi's. Delhi, India's second richest city, has an average per capita income of $ 2,128 - only 27 per cent of Islamabad's and only 30 per cent of Karachi's.

    Bangalore, India's third richest city and the hub of its computer industry, has an average per capita income of $ 1,467 - only 19 per cent of Islamabad's and only 21 per cent of Karachi's. Thus, Islamabad and Karachi are roughly three times richer than Bombay, three-and-a-half times richer than Delhi and five times richer than Bangalore.

    This suggests that Bombay is not quite the economic powerhouse it is made out to be; that Delhi is a pauper compared to Islamabad; and that Bangalore - for all the recent media hype about its computer boom and yuppie lifestyle - has a long, long way to go before it catches up with Karachi in prosperity.

    Islamabad and Karachi are also much richer than the richest cities in the other main South Asian countries: Nepal, Sri Lanka and Bangladesh. Nepal's capital Kathmandu has an average per capita income of $ 3,254 - only 42 per cent of Islamabad's and only 46 per cent of Karachi's.

    Sri Lanka's capital Colombo has an average per capita income of $ 2,608 - only 34 per cent of Islamabad's and 37 per cent of Karachi's. Bangladesh's capital Dacca, and its richest city, has an average per capita income of $ 839 - only 11 per cent of Islamabad's and only 12 per cent of Karachi's.

    Chittagong, Bangladesh's second richest city, has an average per capita income of $ 798 - only 10.4 per cent of Islamabad's and only 11.4 per cent of Karachi's. Islamabad and Karachi are also richer than many of the richest cities in other Asian countries, including mainland China, Indonesia, Vietnam, Laos and Cambodia.

    China's capital Beijing, and mainland China's second richest city, has an average per capita income of $ 6,097 - only 79 per cent of Islamabad's and only 87 per cent of Karachi's. Guangzhou, mainland China's richest city, has an average per capita income of $ 7,107 - only 92 per cent of Islamabad's and a shade over Karachi's.

    Shanghai, mainland China's third richest city and currently the world's biggest urban construction site, has an average per capita income of $ 5,985 - only 78 per cent of Islamabad's and only 85 per cent of Karachi's. Indonesia's capital Jakarta, and its richest city, has an average per capita income of $ 3,468 - only 45 per cent of Islamabad's and only 49.8 per cent of Karachi's.

    Surabaya, also known as Surabaja, Indonesia's second richest city, has an average per capita income of $ 3,389 - only 44 per cent of Islamabad's and only 48.6 per cent of Karachi's. Bandung, Indonesia's third richest city, and one that became famous throughout the developing world as the place from where the Non-Aligned Movement was launched in 1955, has an average per capita income of $ 2,680 - only 34 per cent of Islamabad's and only 38.5 per cent of Karachi's.

    Vietnam's capital Hanoi, and its second richest city, has an average per capita income of $ 3,270 - only 42 per cent of Islamabad's and only 46.9 per cent of Karachi's. Ho Chi Minh City (formerly Saigon), Vietnam's richest city, and also the city where the majority of the country's free-wheeling business entrepreneurs live, has an average per capita income of $ 3,793 - only 49 per cent of Islamabad's and only 54 per cent of Karachi's

    Laos's capital Vientiane, and its richest city, has an average per capita income of $ 1,776 - only 23 per cent of Islamabad's and only 25.5 per cent of Karachi's. Cambodia's capital Phnom Penh, and its richest city, has an average per capita income of $ 1,377 - only 18 per cent of Islamabad's and only 19.2 per cent of Karachi's.

    The survey also shows that Karachi has 400 vehicles per kilometre of city roads, compared to 219 in Bombay, 114 in Delhi, 173 in Singapore, 373 in Bangkok, 141 in Tokyo, 113 in Shanghai and 72 in Dhaka. Most surprising of all, the survey shows that Islamabad is the safest city in Asia, with only 0.2 criminal cases per 10,000 of population. As against this, Tokyo - often cited as a model crime-free city - has 199 criminal cases per 10,000 of population, and Singapore - also cited as a model crime-free city - has 124. Thus, in numerical terms, Islamabad is a staggering 995 times safer than Tokyo and 620 times safer than Singapore. Pakistani gloom-and-doom commentators should put that in their pipes and smoke it!
    http://www.jang.com.pk/thenews/dec99...main/main9.htm



    #2
    Bombay pays 70% of India's incometax. How much tax Islamabad and Karachi pay.

    As far as crimes are concerned, people have to go to police station and report the crime. In recent children's abuse and murder case, very few parents reported that their kid is lost. Same situation with rape cases, accidents and minor robberies. People dont go to police to report. If it was so crime free, as I have heard, rich people in Islamabad and Karachi would not have raised huge walls around houses.

    Islamabad is 620 times safer than Singapore!! Ha! If someone forces u to have a walk in middle of night with female family members. Do u feel it will be safer in Islamabad than Singapore?

    Per capita income in India is now same as that of Pakistan, though behind China and likes (10 years ago, Pak had higher per capita) But it seems that two cities are richer even than Shanghai. This points to highly skewed distribution of income in Pak where a few people are getting rich.

    [This message has been edited by ZZ (edited December 29, 1999).]

    Comment


      #3
      Re: Just how rich are Islamabad & Karachi?

      The good days of Pakistan
      and even in 1999 there were Indian trolls
      Pakistan Zindabad! Screw the eastern and western neighbours

      Comment


        #4
        Originally posted by ZZ View Post
        Islamabad is 620 times safer than Singapore!! Ha! If someone forces u to have a walk in middle of night with female family members. Do u feel it will be safer in Islamabad than Singapore?
        I would say not much difference at all. In fact, some places of Singapore at night are quiet unsafe.

        Comment

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