GENRE: In Focus

Huge unsold housing inventory across 35 cities in the country is one of the key reasons for the Great Indian Economic slowdown, according to former chief economic adviser Arvind Subramaniam. In a working paper titled "India's great slowdown- What happened? What's the way out?", Arvind Subramaniam estimates that this vacant real estate inventory has locked up funds worth Rs 13 lakh crores, resulting in huge unpaid loans to banks. "While developers could in principle tempt buyers by reducing prices, they couldn't do that in practice because lower prices would have destroyed the (notional) value of the collateral that they pledged…

Feeling too lazy to step out of your home? Don’t like your PG/hostel food? Your spouse can’t cook? No time to prepare lunch? Ran out of groceries? For all these reasons and more, food delivery services are a quick, one-click solution for millennials. An aerial view of Chennai today would show the long stretch of beach, sparse tree cover, myriad projects under construction across the city... and a sea of red, orange and green riders dotting its roads. Rapidly growing market Such is the rapid growth of food delivery services in the city over the past 5 years. The market leader…

Take a walk around Bhiwandi. Much of what you will see are shuttered powerloom units gathering dust and rust. During its heyday, Bhiwandi, in Thane district, had the highest cluster of powerlooms in the country, and was a huge employment hub with workers hailing from other states like Madhya Pradesh, Uttar Pradesh and Bihar. Today this once-thriving business is facing extinction, thanks to GST, demonetisation and cheaper competition, rendering thousands of workers jobless.  “More than half the karigars (workers) have returned to their native place as major textile units have shut down,” said Dilshad Sayyed Ahmed Ansari, who has been working…

The Bengaluru Traffic Police (BTP) has a current strength of 4,638 personnel. Its sanctioned strength is 5,306 personnel, as per data obtained from the Traffic Management Centre. On the face of it, this indicates a shortfall in recruitment, of 12.59 per cent. Most of these -- 598 vacancies out of the 668 -- are for the post of police constables, the men on the street.  The shortfall may not seem like much.  Almost every police department in the country has some vacancies due to multiple reasons, says Bengaluru’s Joint Commissioner of Police (Traffic) B R Ravikanthe Gowda. “It is not…

The continued internet blockade in Kashmir region since August 3rd following the revocation of Article 370, has not only deprived the people of Srinagar and the rest of the valley of an essential means to connect with each other, it has also taken an unprecedented toll on business, education, tourism, health and entertainment. In essence, the internet blackout in Kashmir has not only led to job losses but also loss of confidence in doing business in the valley. Interestingly, a day after a communication blockade was imposed on Kashmir, Jio-fibre, a fibre cable internet service launched by the Reliance group, began operations…

With the passage of time and steady environmental degradation, the global push to conserve water bodies has intensified. For Chennai, which saw an unprecedented water crisis last summer when the city had to ferry in water, saving water bodies could be the only way out to avoid another Doomsday scenario.  Ironically, the state government does not seem to share such concern for the lakes and rivers of the city. The sad tale of Korattur Lake is evidence of that. Located in the central region of Chennai, this 590-acre water body is on its death bed: hazardous chemicals such as iron,…

The snow-capped Dauladhar mountains paint a picturesque backdrop to the town that today aspires to be a popular hub as a global tourist destination, as the business capital of Himachal Pradesh and as a centre for promoting sporting talent in the region. For decades, Dharamshala’s only claim to fame was as the home of Tibetan spiritual leader the Dalai Lama and the creation of McLeodganj as the headquarters of the Tibetan government in exile, now renamed the Central Tibetan Administration. “Today, Dharamshala can become one of India’s best towns,” said I. D Bhandari, retired IPS officer and former DGP who…

Kenatha Kanom! Kenatha Kanom! Who can forget actor Vadivel's comic sequence in the film Kannum Kannum, where he lodges a false complaint about the disappearance of his open well. The joke soon became a rage because, again, how can a waterbody go missing? Shockingly, it can. Just like the seven ponds that have disappeared on the Chennai Tiruvallur Highway (CTH) Road. Over the years, these ponds have been steadily encroached upon by citizens and various government departments, including the Greater Chennai Corporation and Tamil Nadu Slum Clearance Board (TNSCB). There was a time when children along with adults fished at…

Remember Arvind Desai ki Ajeeb Dastaan? In his very first film, eminent Bollywood film maker Saeed Mirza had showcased the view of the city from the upper deck of a double decker bus, wherein the characters stated that this was the best way to see the city of Mumbai. Many films like Shaan (an entire song was shot on a double decker bus) and even a much more recent hit, Ghajini (the Tamil version) had scenes in which these buses had provided the perfect backdrop. Unfortunately, very soon, scenes such as these will be the only place where you can…

Remember Arvind Desai ki Ajeeb Dastaan? In his very first film, eminent Bollywood film maker Saeed Mirza had showcased the view of the city from the upper deck of a double decker bus, wherein the characters stated that this was the best way to see the city of Mumbai. Many films like Shaan (an entire song was shot on a double decker bus) and even a much more recent hit, Ghajini (the Tamil version) had scenes in which these buses had provided the perfect backdrop. Unfortunately, very soon, scenes such as these will be the only place where you can…