Economy

How do unemployment, inflation and economic inequality affect the lives of urban residents? How does government policy impact local economies and livelihoods of the people? Gain insights into these through community stories, reports on urban economic trends and developments as well as expert commentary.

The first day of the month usually excites working people as they look forward to their salaries, but like so many other things, COVID-19 has changed that too. A large number of people are dreading the commencement of the month, as they are not likely to receive their salaries, even as they have to pay their rent, utilities and other bills. Primary among them are domestic workers, many of whom have already lost their jobs as a fallout of the coronavirus outbreak in the city. It is a fact that most gated communities and responsible resident welfare associations in Chennai…

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The ever-bustling Velachery Main Road in Chennai is deserted now, thanks to the impending imposition of Section 144 by the Tamil Nadu government. The coronavirus scare has led people to stay indoors and maintain social distance fearing contact transmission. In many parts of the city, shops are open only for a few hours and there is panic buying to stock up on essentials. There is an informal instruction issued by the cops to shut down supermarkets to limit crowding. In this scenario, have the small businesses in Chennai seen an increase in business yet? Sadly not. With lockdown in force,…

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There has been a strange silence, both before and after the Janata curfew. Even as the rest of the world announces massive economic relief packages to tackle the Corona spread and help those whose livelihoods have been badly hit by the virus, the Narendra Modi government has said and done little on this so far. Trade unions and other groups have sent numerous recommendations to the Centre on steps that can be taken in the short term But even the economic task force, which the PM had announced during his address to the nation, has so far not yet been…

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Kerala has received kudos for its proactive measures in this time of COVID19 crisis. First in tracking corona patients and their contacts and creating adequate testing, treatment and isolation of potential victims and the other steps like setting up screening in railway stations to contain the spread of the virus. And the second, for being first state to announce a Rs 20,000 crore economic package providing relief to the poor and other vulnerable sections of society who have been hard hit by the virus spread. Critics have described the measures as a sop to woo voters for the local body…

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Splashes of water welcome you when you enter the rather silent Conran Smith Nagar, Purasaiwakkam. Follow the sharp whiff of detergent, and you will reach the grounds of the traditional washer community, who have been in the profession for over a century. As I enter the narrow lanes of the Dhobi Khana Housing Board, frothy streams of water  trickling down lead me to the maze of flogging stones with three compartments, blue drums and paraphernalia. It is only 5.10 am, but the men, women and children are already up for the day and will work till 1 pm. They make their…

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Mumbai, known for long as the city that never sleeps, is now that in the literal sense too. One of the first decisions that Aaditya Thackeray, the new state cabinet minister of tourism and environment, took to promote tourism, generate employment and revenue was a pilot project that allows select malls and eateries to stay open all day and night. With the experiment on for over a week now, the reaction of citizens and shop owners has been mixed. The criteria to stay open includes commercial establishments in non-residential areas, gated communities with CCTV surveillance, those with parking facilities, security…

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Mumbai, known for long as the city that never sleeps, is now that in the literal sense too. One of the first decisions that Aaditya Thackeray, the new state cabinet minister of tourism and environment, took to promote tourism, generate employment and revenue was a pilot project that allows select malls and eateries to stay open all day and night. With the experiment on for over a week now, the reaction of citizens and shop owners has been mixed. The criteria to stay open includes commercial establishments in non-residential areas, gated communities with CCTV surveillance, those with parking facilities, security…

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A houseboat stay, once a major attraction of Kashmir tourism, could soon become just a memory. For two reasons. One, the strict High Court guidelines that prohibit increasing the number of houseboats in Dal and Nigeen lake, the second famous lake in Srinagar city. Two, there are just three master craftsmen left, who can build houseboats. All the others have passed away in the last six decades, taking their knowledge with them. It takes these master craftsmen one to two years to build a normal house boat, called floating palace in local parlance. The houseboats are categorised in five groups—Deluxe…

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Chaman Lal, a street vendor in an inner market in one of the city’s northern sectors, is a worried man these days. Originally from Partapgarh in Uttar Pradesh, the 62-year-old banana seller has been residing in the city for 10 years now, selling seasonal fruits for the past four years.  Sitting next to him on a raised platform, almost hidden from the public eye by a electricity junction box, is his friend 72-year old Ghanshyam Bahadur, who helps him with his street business. Chaman Lal's worry stems from the fact that he does not have a vendor certificate and could…

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For a planned city like Chandigarh, street vendors are a floating population difficult to include in the city’s planning mechanism. Street vendors tend to create an independent eco-system dominated by power centres within the government framework and outside from touts and racketeers, having to cope with the constant threat of confiscation of their goods. In the absence of a policy, usage of public space by street vendors remains a bone of contention between the different stakeholders in an urban setting. Objections are raised by motorists, resident welfare associations, market welfare committees and others who perceive them as a threat in…

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