GoofyBiscuit
GoofyBiscuit

Why are tier 1 City people richer then tier2 and tier3 cities?

Per capita income is more in mega cities why only those cities?

9mo ago
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SillyPickle
SillyPickle

Per capita spend is also more

GoofyBiscuit
GoofyBiscuit

But Why every day people are moving to mega cities? Why not people move from mega cities to tier3 or tier 2 cities?

SnoozyPickle
SnoozyPickle

Because jobs

FluffyKoala
FluffyKoala

Network effects & economies of scale - lot of people living together in close proximity in Tier 1 cities, creates a bigger local economy, where everyone is involved in working to fulfill one another's needs.

Hence more jobs and bigger business market for everyone, and so higher earnings for everyone wthin the area.

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by ZestyPickleProduct Manager

Stable low income Govt job vs High income Pvt

Hi peeps need advice .I am working in a govt PSU with a gross salary of 2 lacs per month.I am 33 years old having passed out from a tier 1 college. All my friends are in the pvt sector and are earning much more than me.Every time I meet ...

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by SparklyUnicornCognizant

Being in top 5% or 10%, I feel blessed.

Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?

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user

So, you belong to a group of 6 crore people. Congrats.