GENRE: Report

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…

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…

“Will I be able to watch Shimla’s first snowfall before I return to Patna after my semester examination in December 2019?” Ankit Kumar, a student at Shimla APG University asked his teacher. Hailing from Bihar, Ankit said one of the reasons he chose to do his journalism course in Shimla was to see his first snowfall. “I have seen lots of lovely pictures of this beautiful hill station completely wrapped in soft white snow. It’s my life’s dream to experience this”. With the sudden drop in temperature to 6 degrees centigrade on November 29, and popular tourist spots like Noranda,…

Man and animal are being deprived of their daily requirement of meat, as a thoroughly exasperated Justice S. Raghuvendra Rathore of the National Green Tribunal (NGT) summarily ordered the closure of Bhopal’s only licensed abattoir at Jinsi. Justice Rathore also directed the police SSP to provide all assistance to the Bhopal Collector to implement this order. The government-run abattoir situated in Jehangirabad area at the city centre, had been facing protests from people residing and working in nearby areas for a long time, primarily complaints against the foul stench emanating from it. There have also been complaints over meat from…

The new chief minister of Maharashtra, Uddhav Thackeray may have granted interim stay pending review on the development of the Metro car shed inside the Aarey forest for now, but the battle to save Aarey – the 4.8 lakh trees that the forest is made up of --  is far from over.  Though work on tree cutting and the Metro car shed inside Aarey was already under a stay ordered by the Supreme Court since the en masse overnight cutting of over 2141 trees on October 5th, the state support for Aarey comes as a huge boost for the Save…

Shankari Halder finally dreamed of steering her life in the right direction when she became a commercial cab driver in Kolkata, early this year. The 36-year-old was one among the 10 women who were trained to operate a first-of-its kind cab service in Kolkata. Christened as Pink Taxis, these 10 cabs were launched primarily with the aim of providing a secure and safe commute environment for women, who often find it risky to travel in cabs driven by male chauffeurs. Chief Minister Mamata Banerjee flagged off the first fleet of 10 taxis painted in pink and white from Nabanna, the…

The leaves of the chinar trees were still green, signalling winter was yet to arrive. The chinar trees normally signal winter and snow when its leaves turn yellow and start falling. The people, and the administration, were thus totally unprepared for any unseasonal weather vagaries. But on November 5th, the weatherman in Srinagar issued an alert—possibility of heavy rain and widespread snow on November 7th across the region. The prediction was right on the nose. As the clock struck 9 am on November 7th, the crisp morning air was covered with thick snowflakes and within just two hours, Srinagar witnessed…

For several years now, ordinary citizens across the country with no end to their woes around poor roads and potholes have taken creative routes and come up with the most innovative ideas to make their dissent heard. For instance, Bengaluru-based artiste Baadal Najundaswamy has, since 2014, been planting fake crocodiles, organizing non-commercial modeling-shoots or etching art around sunken or unattended manholes to attract government attention. In another instance, a truck driver ‘buried himself’ in a pothole, in September 2019 to protest against bad roads and potholes on ‘Greenland Chowkadi’, a service road adjacent to National Highway 27. The Rajkot-based man…

A city that once looked like a picture postcard, with glassy lake and chinars, today seems to have become an extended army camp. Srinagar, the capital of the erstwhile state of Jammu and Kashmir, conjures up the image of a remote world under siege. A 11-member fact-finding team of advocates, trade union human activists and a psychiatrist recently released a report titled 'Imprisoned Resistance' after a visit to the strife-torn state from September 28th to October 4th. Denying the Centre's clamorous claims of "normalcy" in the region, the team divulges that the people have reacted with their own hartal. As…

Television channels and newspapers could not stop talking about Kashmir. Every news bulletin, every panel discussion, every TV debate was about Kashmir and its people. Yet, what media did not, or could not, cover was the everyday ordeal in a city of close to two million, where municipal workers had not been able to report to duty for 10 days. Srinagar was stinking. All normal operations were suspended in Srinagar from August 5th, following abrogation of Article 370. Within a few days, residents started to complain of chest discomfort, frequent sneezing, mild cough and allergies due to the foul smell…