Mumbai has historically been India’s commercial capital, contributing significant tax revenues to both the state and the Centre. However, over the past two decades, the city has been declining rapidly on the dimensions of both economic growth and quality of life.

The quality of life in Mumbai has also worsened and the decline is quite steep. All of this has resulted in a slip in rankings on the international stage. Mumbai ranks a poor 163 (out of 218 cities world-wide in the Forbes quality of life survey).