According to a Brookings analysis of data from Oxford, Chennai was amongst the cities that had the slowest employment growth rate: 2.5% in employment in the two years 2014-16. The GDP per capita, according to the same report was 5.1%. A city’s economy encompasses a wide array of factors that contribute towards it, but a key aspect is working citizens and businesses operating in various areas in and around a city. For any bustling metropolis, a good public transport system is therefore vital to its economic growth. How does public transit impact and contribute towards the economy? As Eric Jaffe,…
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