GENRE: Explainers

It’s the school admission season. While many parents are busy admitting their wards to top schools in the city, there are parents from underprivileged sections who too would be aspiring to admit their kids to private schools. While the sky high fees in private unaided schools was a deterrent for these parents to not apply at such schools in the past, the Right To Education (RTE) Act introduced five years ago came as a ray of hope for many. The mandate for every private school to allocate 25 per cent seats under the RTE Act for children from weaker sections…

In India as in other societies, ageing population and the kind of legislative and social interventions required to address concerns peculiar to senior citizens pose a stiff challenge for policymakers. In India, it is particularly difficult, given the sheer bulk of numbers and vast socio-economic divide. According to a report published in February 2016 by the Ministry of Statistics and Programme Implementation, the number of senior citizens in the country – those above the age of 60 – has gone up from 7.6 crore in 2001 to 10.3 crore in 2011, a massive 35.5% jump. In our cities in particular,…

The increasing emphasis by the government on the Aadhaar framework as the basis of a developing social security net for the citizen makes it ever more relevant and important to have. Despite Supreme Court rulings to the contrary, the Central and several state governments have made Aadhaar mandatory for citizens to avail a range of services and to get benefits of various government schemes. Even the Union Budget presented by Arun Jaitley on February 1st indicated an obvious push for Aadhaar, with recommendations for various facilities linked to the unique identification number. Yet, the ordinary citizen continues to have privacy…

Let there be no disasters today. That is the prayer every firefighter begins his day with. Having said that, they have to be prepared for every emergency, every contingency. Central to their efforts and success is their training, discipline and the equipment at their disposal. Karnataka State Fire and Emergency Services is the agency that handles fire rescue and other disaster management operations in Karnataka. We visited Jayanagar fire station in Bengaluru to understand how the department works. Among the fire stations in Bengaluru, Jayanagar fire station in Bengaluru South Range is among the largest and busiest. It has a…

In the wake of the Indian government’s decision to demonetise currency notes of Rs 500 and Rs 1,000 from the market, and ensuing restrictions on withdrawing money from banks, the common man has had to grapple with considerable liquidity challenges. More than three weeks since the announcement, those primarily using cash as trading currency are still facing a crunch. ATM queues, paucity of lower denomination notes, confusion over exchange and withdrawal policies linger. For a citizenry used to working with cash, this appears as an insurmountable hurdle. They are just at their wits’ end. The government, however, has been pitching…

Cycle Days are catching up fast in every locality in Bengaluru. The Open Streets concept that the Directorate of Urban Land Transport (DULT) has brought in through these Cycle Days has been one of the best things that has happened to the city in recent times. Yes, once upon a time when we were kids, the vehicular population in the city wasn't so dense. We were able to play kunta bille, jootaata and other games on the streets. However, today we are not even able to cross the roads without a traffic signal or police intervention.Vehicles rule the roads, and…

For most of us, typical cleaning sessions start with discarding our old and unwanted products from home. But what if you could convert old glass bottles to beautiful chandeliers or flower pots and jeans to bracelets? Would you still let go of it as easily? And what if I told you that by doing so, you would not only be honing your creative instincts but also doing a significant bit for the planet? This, in fact, is the very seed of what is one of the most eco-friendly trends in the city today, called Upcycling. In simplest terms, upcycling is…

My father once told me, “Son, once you find a good barber and an accountant, you should never change them”. Well, that has become quite difficult this last week – my trusted neighbourhood barber doesn’t accept cards and I don’t have cash to pay him! The recent announcement of the government to demonetize 500 and 1000 rupee notes has indeed caused a major upheaval in my life! Our family also knows that we might be unintentionally exacerbating the “Digital Divide” in recent days. We used to spend quite a bit of our household budget on the local grocer, but have…

At Sabari Terrace, an apartment community with 56 flats off the Old Mahabalipuram Road (OMR) in Sholinganallur, we took the first steps towards segregation around five years ago. It started with the creation of a few humble compost pits within our premises - cement rings resting on the ground - where we would dump all our garden waste to begin with. We approached the guru of vermicomposting, Dr. Sultan Ahmed Ismail, and under his guidance started the process of composting our garden waste. Gradually over the next few weeks, months and years, we started approaching the families in the community,…

In an earlier article, we had discussed how customised investment, depending on one’s present and future needs, could help tide over financial crises, for example one caused by a sudden job loss. But to secure an effective shield for the future, one needs to do his homework well and research the various short term, middle term and long term options available. Here is a brief guide to help you get started on your research on the instruments you could consider for your portfolio. Pic courtesy: Pixabay Mutual Funds and ELSS A mutual fund is typically an investment vehicle made up…