Jobs

Besides health, the socio-economic distress caused by the pandemic is likely to leave a deep impact on the urban milieu. Urban agglomerations are often characterized as organic, dynamic life systems quite capable of being able to adapt, respond to opportunities and absorb adversity. Their vibrancy is argued to be inhibited and even distorted by state interventions. The disparities and inequalities that characterize several Indian cities might lead one to question these beliefs even during regular times. However, the pandemic has thrown up several new questions on the resilience of cities. Whether this be the exodus of migrant workers, loss of…

In Part I and Part II of our focus on urban jobs and livelihoods, we had examined the need for and feasibility of an Urban Work Guarantee scheme. Citizen Matters also spoke to two eminent economists on the various issues concerning creation of such a scheme. Amit Basole, Director of the Centre for Sustainable Employment at APU (Azim Premji University), has been advocating an urban employment guarantee programme since 2019, and particularly since COVID lockdowns. Dr Jos Chathukulam is lead author of an EPW paper about Kerala’s experiment with its Ayyankali Urban Employment Guarantee Scheme. That such a scheme is…

There does seem to be a broad consensus among economists with whom we spoke, that an urban employment guarantee scheme is necessary to stabilise the economy. Abhijit Mukhopadhyay, a Senior Fellow with the Observer Research Foundation’s Economy and Growth Programme, considers expansion of the employment guarantee programme to urban areas (beyond the MNREGA scheme for villages) as a necessary step in his blueprint for economic revival. He elaborates on this argument in a paper he wrote in January 2021. “Apart from boosting purchasing power and thereby consumption demand, such a scheme has the potential to raise and stabilise urban wages,” writes Mukhopadhyay.…

Everyday, the advertisement sections of our morning newspapers bear notices of banks auctioning the properties of enterprises that failed to repay loans for more than three months. Everyday, smaller manufacturing companies in Chennai, which had successfully braved the economic distress even during the tsunami and the 2015 floods, are bringing down the shutters for good. And while the COVID-triggered medical crisis and political news routinely eclipse such news, COVID-19 has actually crippled the MSME sector in Chennai (Micro, Small and Medium Enterprises), leaving many entrepreneurs neck deep in debt. Industrial estates in Chennai that were always abuzz with activity are now…

Mukesh Kumar, a 34-year-old father of three, was a peon in a school till June 2020 when he was laid off. All his efforts to find a job since have been in vain. “There is no place I have not tried,” said Mukesh, a NOIDA resident. “I don’t have the guts to set up a cart to sell vegetables and deal with the local authorities”. Mukesh emphasises that returning to Kanpur, from where he moved to NOIDA over 15 years ago, was not an option even though he may get a few days of work and wages there under MNREGA.…

Unlike Bengaluru, there are no housefull boards outside the crematoriums of Chennai. Neither has Chennai witnessed the traumatising scenes of unauthorised, open burning of bodies, as seen in New Delhi. Even before COVID cases spiked last year, the Greater Chennai Corporation (GCC) had directed Chennai crematorium workers and officials to use the space judiciously — a move that probably helped these facilities function efficiently when the second wave hit Chennai hard in 2021 and COVID fatalities rose sharply. The GCC has also vaccinated a majority of crematorium workers in its 41 crematoriums and 147+ burial grounds in the city, according to…

Equipped with a non-contact thermometer and oxymeter, A Sumathi, a fever surveillance worker employed by the Greater Chennai Corporation, knocks at the door of S Raja in Anna Nagar every morning. Her job: to enquire about the latter's well-being and his family, and provide any assistance they may need. This is a source of assurance for Raja, who feels safe that his family is being tracked on a day-to-day basis for over a year now. A few days ago, when his wife, R Rani, developed symptoms of COVID, he immediately sought Sumathi's help for testing and triaging. “The fever survey worker…

Business Standard newspaper conducts a B-school Summer Project Competition every year, sponsored by Crompton Greaves. B-schools from around the country are invited to send what they consider their ‘best summer internship project report’. As readers know, most two-year MBA programmes have a compulsory 6-8 week industry internship. This often carries a full credit or two, so students and faculty take it very seriously. Business Standard gets around 150 reports [one per school] from  B-schools spread all over India. These are reviewed by a knowledge partner and 15 of these are then selected and sent to a jury panel for review.…

“I hire people in spite of an MBA, not because of one”. That is Elon Musk participating in an online conference organized by Wall Street Journal. Adding insult to injury, Musk blamed the present condition of American corporates on “too many MBAs running companies”. Musk’s comments have stirred the MBA pot all over again. The debate around the relevance of today’s MBA education has been growing ever since the Lehman Brothers collapse and the collateral damage to the financial services industry globally. The MBAs were blamed for a lot of the dodgy products the hedge fund industry had been feasting on…

There was a time when you could build a long. successful career by focusing on one narrow domain in which you were an expert. For example, you could start in accounts, move up to finance, then to the board and may be the MD’s suite. That changed some decades back when managements began to realise that an ‘I’-shaped knowledge base was not enough in a changing world. Companies started rotating people from finance to manufacturing to marketing before considering a person suitable for the corner office or the ‘C’ suite. In line with this, business schools created the ‘T’ shaped learning…