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.

When the Government of India issued an advisory on August 3rd, urging tourists and non-Kashmiris to leave the state, thousands of labourers who work in Srinagar and other areas decided to return home. However, around 150 non-Kashmiri waste pickers and their families decided to stay put in Srinagar. The city had provided them a home and livelihood for years and they believed they would be safe, despite subsequent reports of non-Kashmiri truck drivers and traders being killed Most of these waste-pickers and their families have lived in Srinagar since the 1960s, but their numbers increased in the 1990s. “A majority…

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Devesh Patil from Mumbai had an option to stay in a hotel when he was travelling to Chennai but opted for a homestay as he had heard so much about it. Today, he swears by it. This is a trend that has caught the fancy of the millennials as they say it is less expensive, has the "home away from home” feeling and is often more locally situated compared to a remotely located budget hotel. Homestays, as they are called today, are not really new in India. As the age-old saying, “Atithi Devo Bhava” (Guests are God) indicates, a traveller…

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While we are comfortably snuggled in bed, perhaps listening to some calming music to relieve the stress of the day, there's a fellow citizen out there on the streets, plugging in his earphones so that he doesn't fall asleep! Sometimes, just when he thinks he can retire for the night, the phone beeps and he's on his way again. It's true the city never sleeps -- and among the myriad workers who keep the nocturnal economy of the city running,  food delivery executives constitute a prominent group today. It was 1:30 AM on this particular night and a troop of…

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The clampdown in Kashmir following abrogation of Article 370 has adversely impacted the traditional textile industry in the holy city of Amritsar. Kashmir used to be a major market for Amritsar’s woven textiles, especially the tweeds which are used for making phiran, the long cloak like dress worn by men and women in Kashmir. Moreover, Amritsar’s shawls and stoles have a big market in the valley, which was virtually cut off from the rest of the country till recently. The recent restoration of communication through post-paid mobile phones and opening of roads has provided some relief but the loss in…

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With the growth of online marketplaces, and India’s growth as a consumer economy, the government brought into law a new Consumer Protection Bill, 2019, replacing the earlier Consumer Protection Act, 1986. This Bill has been passed by both the Houses of the Parliament and received the President’s assent on August 9, 2019. However, it is to be noted that the said law will come into effect on the date which will be notified by the Central Government. Such notification is yet to be issued and for practical purposes, Consumer Protection Act, 1986 is still in force till a notification enforcing…

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Children these days are active shoppers, both online and offline, but are we doing enough to make our youth aware of their rights as consumers? It does not appear so. The subject of consumer rights is given scant regard and any structured education on this subject is usually confined to students of commerce at the higher secondary school and college levels. In fact, a lesson on consumer protection for students of Class 10 has now been deleted, following a revision of syllabus in Tamil Nadu. “The lesson on the rights and responsibilities of consumers in civics was an essential guide…

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Tucked away in a corner of the Phase VI Industrial Area, in a building that has clearly seen better days, is the District Industrial Centre (DIC), the nodal office for industry in Ajitgarh city, better known as Mohali. “We have great infrastructure, regular power supply at competitive rates, ample skilled manpower, an international airport, great work environment, and a government sensitive to the needs of the industry,” said DIC general manager Harjinder Singh Pannu, a jovial, friendly individual who goes out of his way to emphasize that Mohali is the best destination for industry in the North. The problem is,…

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Translated by Sandhya Raju கடந்த மாதம், நுங்கம்பாக்கத்தை சேர்ந்த சரிதா குமார் ஆன்லைன் மூலம் டிசைனர் புடவை ஒன்றை வாங்கினார். அதற்கான விலையாக பத்தாயிரம் ரூபாயை ஆன்லைனில் செலுத்தி ஒரு மாத காலம் புடவைக்காக காத்திருந்தார். ஆனால் ஆர்டர் செய்த புடவை மட்டும் வரவேயில்லை. சந்தேகம் ஏற்பட, அந்த கடையைப் பற்றி முகநூலில் மற்ற வாடிக்கையாளர்களின் அனுபவத்தை பற்றி படிக்கத்தொடங்கினார். அப்பொழுது தான் அந்த கடையின் முகவரியும், தொலைபேசியும் தவறானது என்பதை கண்டு அதிர்ச்சியடைந்தார். இந்த தேடலை முன்னதாக சரிதா செய்திருந்தால், தன் பணத்தை காப்பாற்றியிருப்பார். கவனக்குறைவு அல்லது அறியாமை காரணமாக, பெரும்பாலான வாடிக்கையாளர்கள் சரிதா சந்தித்தது போன்ற சூழ்நிலையில் சிக்கிக் கொள்கின்றனர்.  இது முக்கியமான ஒரு கேள்வியை நம்மிடையே எழுப்புகிறது: நுகர்வோரின் கடமைகள் என்ன? நீண்ட நாட்களாக வணிகத்தில் இருக்கும் ஒரு கடையைத் தேர்ந்தெடுக்கவும். பொருளை வாங்கும் முன்னர், தரம் மற்றும் விலை குறித்து முழுமையான தகவல்களை பெறுங்கள்.…

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Many small and startup organic farms struggle because new farmers face a steep learning curve in a variety of areas - including growing skills, farm management and marketing their produce. In this 2-day workshop in Bangalore, organised by New Farmer, Karan Manral and Yogita Mehra will share experiences and best practices derived from hands-on management of organic farms. The workshop will cover a variety of topics and share practical solutions that contribute significantly to success on small organic farms. Where should I start? For a generation that knows little about agriculture, we discuss things that should be considered before getting…

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