Economy

The Karnataka budget for FY 2024-25 was recently released on February 16th. To better understand the nuances of the state budget, this expert analysis breaks down the various components for citizens to assess the fiscal health of the state. It also looks at corresponding figures for the financial year 2021-22 to explain what such an assessment reveals about the state's finances. The annual budget of the Government of India is an eagerly awaited event, almost at par with a cricket match. The eagerness and anticipation associated with the budget mainly stems from concerns regarding: Changes in tax rates Impact on the…

In December 2023, many parts of Chennai received record-breaking rains for two days. Though the event of cyclone occurrence was the same throughout the city, the capacity to recover from the aftermath was not the same for all. Experts say the reasons for this recovery variability could be attributed to infrastructure resilience such as sewage treatment capacity, water supply, water holding capacity of reservoirs and waterbodies encroachment. These physical parameters are intensified by the socio-economic status such as the livelihood, income levels, social status of people and assets across different parts of Chennai. Here, it is important to look at…

There is a flurry of activity in my house. Furniture is rearranged to make space. Glasses of chilled nimbu pani are kept ready, and everyone waits for the familiar brown truck to come to the gate of the building. Things move quickly with its arrival. Men jump out of it and carry huge, blue plastic tubs filled with goods ranging from pulses to stationery to utensils, up to our house. The goods are checked against a list, the lemonade consumed, and the truck and these grocery Santa Clauses have moved on to their next destination. History of Mumbai Grahak Panchayat…

The Gruha Lakshmi scheme was supposed to be the crowning glory of the Congress government's five guarantees scheme. But for lakhs of women in the state, the scheme has not yet borne fruit. Under the policy, female heads of household in low-income families can receive Rs 2,000 per month to supplement their income. The scheme was formally launched in August last year, but several women had not yet received the benefits. Who are eligible? Women who are heads of their household and have a BPL (below poverty line), APL (above poverty line) or Antyodaya card issued by the Karnataka Department…

At 51 years, N C Bhatra, a migrant labourer in Chennai, finds the 20-hour train journey to his hometown in Puri, Odisha, arduous and costly. So much so that he has limited his trips home to see his wife and two children to just one or two times a year. Bhatra had migrated from Puri to Chennai in 1996. Reserving a ticket in the sleeper coach was much easier then, he says. But over the past five years, he has never been able to book tickets directly as they get sold out much faster.  “To get a ticket nowadays, I…

The desire of citizens for effective governance has enabled a stunning victory for the Congress, the current government in power. But are they in danger of losing the goodwill placed in them by the people?  For instance, the latest suggestion to allegedly ease the globally notorious traffic congestion in Bengaluru is to create double-decker flyovers along the proposed metro lines so that private vehicles go above the metro. If there is a metro along the route already, where is the need for a flyover above it? Is this not a reversal of the idea of elevated corridors, which was put on the back…

Think of BBMP and the first thing that pops up in your mind is roads and potholes. After an evening of rains you might think of stormwater drains, and when the garbage piles up of solid waste management (SWM). However, these are only some (of the main) parts of BBMP’s duties. How the money is split A look at their budget and how the money is spent on different headers gives an idea of the functions of BBMP. The main headers for budget allocations and their functions in brief are: HeaderDescription of FunctionCouncilPayment for corporators, ex-corporators, mayor, deputy mayor, etc.General…

Akbar Hussain, a 60-year-old who lives with his wife inside the Koyambedu bus stand, waits in line amidst tens of labourers in Koyambedu for his turn to be called for work. "If I come and stand in this line, there is a chance of me finding a job for the day and there is also a certainty that I will find food for me and my wife," he says. A native of Kallakuruchi, Akbar was working in a tea shop until COVID-19. As the tea shop was closed during the pandemic, Akbar and his wife found it difficult to make…

“I was so happy when the bank sent the test amount of Rs 1. It means I have been selected for the scheme”, says Lakshmi V, a resident of NSC Bose Road, on being eligible to receive monthly cash assistance of Rs 1000 under the newly launched Kalaignar Magalir Urimai Thogai scheme. In the fiscal year 2023-2024, the Tamil Nadu government has taken a significant step towards women's empowerment with the launch of the Kalaignar Magalir Urimai Thogai scheme. This initiative aims to extend the benefits of the State Government's Universal Basic Income Program to nearly one million women across…

The advent of technology and concomitant digitalisation has unleashed new business models and working arrangements in urban centres. The gig and platform economy are at the heart of this structural transformation of jobs, disrupting sectors like ride-hailing transport services, profession, education, home services and retail. I refer to this as ‘Digihenheimer’- a counter phenomenon to regular paid jobs. Definition of Gig Workers In the Niti Aayog (2022) report, gig workers are defined as those engaged in livelihoods outside the traditional employer-employee arrangement. They can be broadly classified into platform and non-platform-based workers. Platform workers are individuals whose work is based…