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.

Every time MS Dhoni hammers the ball out of the boundary with his helicopter shot, workers at a medium-sized sports manufacturing unit in Jalandhar have an extra reason to cheer. For theirs are the hands that crafted the bat Dhoni has been using over the years.  "Our bats are also being used by Chris Gayle, Michael Clarke, deVilliers among others. Sachin Tendulkar too used our bats," says Jyoti Sharma, owner of Spartan Sports, with a hint of pride. “Dhoni's bat is made of English Cleft, a special type of willow wood imported from England. It has a more pronounced curve…

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The Garments and Textile Workers Union (GATWU) staged a protest on 12th September, to oppose the apathetic attitude of the government and the factory owners. The protest, held in front of the Labour Department office at Dairy Circle, highlighted the inordinate delay in the fixing of minimum wages in the garment industry. It also pointed to the discrimination towards garment workers by the minimum wages committee, which had recommended extremely low wages. The Karnataka garments industry employs 3.5-4 lakh workers, and 85 percent of the workforce is female. These workers manufacture textiles for international brands and export them, earning substantial…

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We were sitting in one of the clothes vendors’ shops in Sudama market. He knew us well and each time greeted us with tea and articulate conversations. That day however his son was sitting there and as before invited us for tea. While we were talking his friend came with an envelope postmarked from the Canadian embassy. It was his answer to whether he would be able to attend a family wedding. We waited in anticipation as the young men opened the envelope, to reveal that his visa had been denied. The disappointment was evident in both faces. They had…

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In Part 1 and Part 2 of this series, we looked at the conflict between the BBMP and the state government on allowing advertisement hoardings in Bengaluru. While the former is pushing for a blanket ban on commercial hoardings, the latter wants to allow hoardings. In this part, we explore whether the hoarding ban proposed by BBMP is justified. What is BBMP's revenue from ad hoardings? As per the advertisement scam unearthed by K Mathai, former BBMP Assistant Commissioner (Advertising), the BBMP had lost advertisement revenue of around Rs 2000 crore between 2005 and 2015. This was mainly because of…

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In the spirit of what Benjamin Franklin once said – “An ounce of prevention is worth a pound of cure” – the Food Safety and Standards Authority of India (FSSAI) released a draft notification on June 27 2019 seeking to place a mandate on packaged food companies to label high fat, high sugar and high salt content on the front of the package, using a traffic light signalling system. The overall objective is to let consumers make an informed choice. One of the most notable points in the draft rules relates to the Front-of-Pack (FoP) labelling; in particular, a ‘red-coloured’…

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In Part 1 of this series, we looked at the tussle between BBMP and state government on allowing advertisement hoardings in the city. Last year, the BBMP Council passed draft bye-laws that ban commercial hoardings. But the state government's UDD (Urban Development Department) recently framed its own Rules that allow hoardings. It's still unclear which of these laws would prevail. The High Court recently upheld the BBMP bye-laws at a PIL hearing, but the final judgement is pending in the case. And the UDD continues to insist on implementing its own Rules. In this part of the series, we look…

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For a while, Bengaluru has been sporting skeletal metal frames where glossy advertisement hoardings once stood. The city had been stripped of its hoardings after the BBMP Council passed a resolution last year, banning these. The Council also passed the draft Outdoor Signage and Public Messaging Bye-laws, 2018, that would ban all commercial hoardings. But the state government wanted to allow hoardings in the city, which led to a tussle between the government and BBMP. State government's UDD (Urban Development Department) even published a separate set of laws - the BBMP Advertisement Rules, 2019 - this July 15th. These Rules…

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Amit, working in an IT company, suddenly found that the perks he had been promised with his job offer had suddenly been withdrawn. When he enquired, he was told that the company’s HR policies had changed. While signing on the dotted line, Amit had not read his employment agreement carefully and failed to notice the clause which entitled the company to change its HR policies from time to time. There are zillions of employees like Amit, who do not read their employment contract carefully and affix their signature based only on the figures of remuneration in the document. However, it…

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“Tiddalick the frog awoke one morning with a great thirst and decided to drink. He drank all the water in the rivers, the creeks, the lakes and the billabongs and there was no water left for other animals. It was only a matter of time before all the animals died.” This aboriginal children’s story from Australia might sound funny and childish. But replace Tiddalick the frog with any of the major cities in the world, and you will get a glimpse of the bleak reality we live in, where we either scramble for a drop of water, or waste it…

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“Valayapatti Murungakaa enhances the taste of your Sambar. A bundle of ten costs only Rs 40,” tempts a vendor, as she quickly spreads out drumsticks on a clean mat in the Koyambedu vegetable market. She greets fellow vendors and they exchange hopes of good business for the day.  As day breaks, this is a common scene at the market. Vegetables from across the country reach Koyambedu, one of Asia’s largest perishable goods market, before the first light of dawn. Vendors arrange the veggies on mats, write the daily price on a slate and call out to customers, often luring them…

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