Economy

Every day is a struggle for 20-year-old R Jagadeesan. Slumped into his wooden chair at his 1 BHK home at Medavakkam, he is desperately thinking of ways to earn some money and pay off his debts. A street vendor who ran into heavy losses during the testing times of the pandemic, he had pinned all hopes on Deepavali. The festival of lights has always provided Jagadeesan an opportunity to make some quick money. Every Deepavali, he works as a helper in a fireworks shop for a week and earns a decent pay of Rs 10,000 - Rs 12,000 for that period.…

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It had been over 25 years since Neelamma N Reddy went scouring for greens in Varthur lake.   The lake was a veritable buffet of greens and fish for her. She’d find over 30 varieties of fish and small crabs that could be scooped up from its banks. “Then, there were 4-5 types of greens we’d pick up. Some herbs, like Bassale soppu (Malabar Spinach) were used to treat constipation or piles. The banks had guava, coconut and jamun trees from which children used to collect fruits,” she says.  Bengaluru’s growth turned Varthur into a part of the city’s Information Technology…

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As a person who has attended probably a few thousand short and long meetings, I can vouch for the fact that you cannot run a company without meetings. And even if a lot of employees feel they are a waste of time, the alternative to having meetings is the ‘command, control, dictate’ system of working. Where all decisions get taken by a few people who then dictate their decisions to the rest of the organization. Without meetings, what we call the modern day organization will collapse. But researchers have been trying to figure out ways to make meetings more productive.…

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In 2019, researchers at the Azim Premji University (APU) proposed the creation of a National Urban Employment Guarantee Programme that addresses the problem of unemployment, underemployment and low wages in the informal urban workforce. The proposal called for providing 100 days per year of guaranteed work at Rs 500 a day as well as apprenticeships for youth with graduate or post-graduate degrees. Since 2006, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has attempted to provide 100 days of employment to adults in rural areas. But no such social security and public works programme exists in Indian cities and…

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Delhi is perhaps the only state government so far to set up a committee specifically to help revive the city’s economy. Headed by Jasmine Shah, a technocrat,  the 12-member Committee on Economic Revival of the City, comprising representatives from the government, municipal corporations and trade and industrial bodies, is drawing up plans to enable the informal sector, small shops and businesses in particular get back on their feet. In its first meeting on July 8th, the committee, decided to focus on revisiting licensing norms and increasing demand to push trade and industries. Jasmine is an M Tech in Mechanical Engineering from IIT Madras and…

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Harish Ghaware, who drove private tourist cabs plying between Pune and Mumbai, ferried his last passenger on Gudi Padwa (Marathi New Year) in March. “Then came the lockdown and I could no longer drive the tourist cab.”  But Harish had to keep the kitchen fire burning and like many others, realised that at that point only essential goods would sell. “I took to buying vegetables from the villages on the outskirts of Pune and selling them in the city,” he says. “In the middle of the night, I would travel to Manjri, Loni, Narayangaon, Chakan in a tempo to buy…

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Fish caught in Maharashtra are not promoted enough in local markets. The local fish, considered to be superior in quality are exported for lower prices outside the country. Even restaurant associations refrain from purchasing these local fish and prefer to import lower quality fish such as the Basa. Why do we need to bring fish from outside when we have a superior quality of fish such as the local Tuna, Sakla, Ghol, Barracuda, Snapper etc, ask local fishermen. https://youtu.be/Ju5UJHvVxNU

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Raj Rani, a 45-year-old household help residing in Kaimbwala, is a worried woman these days. Six months after COVID 19 hit the nation, her family income has halved and no new employment has come her way. “Earlier I used to earn Rs 10,000 to 12,000 per month, now it is down to Rs 6000 to Rs 7000,” says Raj Rani, whose case is typical of all labourers living at the margins of society. Her two sons, one employed as a driver and the second working with a local contractor, have also lost their jobs. As has her husband Ram Rattan,…

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Pic: Pixabay.com Renuka lives in a three-bedroom house in upmarket Koramangala. Her children go to a prestigious school. She can afford these thanks to her rich clients and her three paying guests who too are sex workers.  But with her children home since lockdown, she can no longer entertain clients at home. The paying guests could not afford the rent and have gone back to their villages. One of her clients died after contracting COVID-19 a week after visiting her. She got herself tested and was relieved when results came negative. Once lockdown eased, her clients began to pester her,…

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The narrow lane of Koya Arunagiri Street in Royapettah leads to the house of R S Venkatesan, a seasoned potter, who has made Chennai his home. Although it is just 5.30 am, he and his wife Vasanthi V are already up and busy with their work. A potter’s wheel, a bunch of firewood logs, dried cow dung cake and other paraphernalia lie scattered around their compound.  Koya Arunagiri Street runs just behind the Royapettah Hospital in Chennai. Years ago, the entire stretch was known for the potters who lived here. Venkatesan informs me that over the years, many from the…

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