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.

This article is supported by SVP Cities of India Fellowship. Shreyas sat on the ‘bench’ for a few months after being selected by a top information technology company in Bengaluru through a campus recruitment drive. Coming from a tier-1 college in the city, and even after undergoing an induction programme, he wasn’t given any project to work on. He felt the need to study more and acquire new skills, to keep up with the trends in hiring. He quit the job and moved to Germany to study more. Many of his classmates who couldn’t study further are still on the…

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This article is supported by SVP Cities of India Fellowship. Feeding a city like Bengaluru, that has 1.25 crore people is a huge challenge, and provides millions of business opportunities as well. The vegetables and fruits grocery business is a major part of this industry. It requires a solid supply chain to supply fruits and vegetables to the city from the surrounding areas and beyond, as they are perishable. There are thousands of vendors selling vegetables across Bengaluru, who set up shop on pavements or small stalls, or use a push cart. For these two couples living in Kammanahalli, the…

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High Court pulls up Palike for not filling potholes While hearing the Public Interest Litigation filed by four Koramangala residents including Vijayan Menon in 2015, the division bench of Chief Justice Dinesh Maheshwari and Justice S.G. Pandit issued oral directions to the Palike to complete filling 1600 potholes by the next day (September 20). The deadline was then extended to September 24 to ensure that there were no potholes on the roads, but the Palike found it difficult to accomplish the task, especially as the white-topping work was in progress. The HC appointed a commission consisting of  Dinesh Agrawal, Head of…

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A whiff of fresh air greets visitors at Kasimedu beach. The relaxing sound of the waves hitting the groynes does a good job of soothing stressed or anxious minds. Even as early as 5 am, the wharf at the Kasimedu harbour bustles with activity: visitors (yes, there are visitors at that hour, trying out fishing ropes) try and snag a fish, youngsters click a round of selfies and men and women take a stroll. A few yards from the wharf is the market, where you can hear the shrill voices of fisherwomen tempting customers with a description of the fish varieties…

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It’s the end of a long week. My wife and I decide to relax by eating out, and visit a famed joint in South Bengaluru. We are in for a major disappointment as soon as we land at the joint. There is a long serpentine queue and the waiters are ushering in hungry customers into the waiting room after making them wait for a period of one hour. The crowd at the joint is swelling by the minute and the support staff is really irascible now. This is the scene at most of the old joints in Bengaluru that are…

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This article is supported by SVP Cities of India Fellowship As any new comer into the job market will tell you, it is a cut throat world of competition where there are more number of aspirants than there are jobs. One needs to stand out with skills that impress. And it is no different for blue and grey collared jobs than it is a for a highly paid CEO of a company. The informal sector, which houses most of these jobs, is the largest in our country and is actually the dominant sector of employment, clamouring for more applicants every…

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Many of us city folks are growing veggies on our terraces and balconies, greening our patch of concrete, staying as eco-positive as we can, but wait a moment… Are we really being gentle on the earth, all the way? Where did it come from – the red soil and the river sand that we use to grow our potted plants? The fact is, the soil and sand would have been mined or smuggled out from a rice field, river bed, forest or countryside, leaving them that much depleted. We do know that sand mining from river beds devastates not just…

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This article is supported by SVP Cities of India Fellowship “I wanted a job that would pay me well. But more importantly there needed to be some ‘prestige’ attached to it.” says 20 year-old Sathish. His father Pothalu has worked as a pourakarmika for the last 27 years. Sathish grew up watching his father sweeping the streets of Basavangudi. There are countless like Sathish, who come from underprivileged backgrounds, looking for jobs. These youngsters' ambitions face a lot of hurdles - limited opportunities, access to quality education and financial challenges in their homes.  Most of their parents work in the…

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It has been close to a month since R Gopinath, a Class 8 student from the Corporation Higher Secondary School in Koyambedu returned from Washington D.C. but his face brightens up still as he speaks of his experience. Gopinath was one of the students selected by the Rotary Club, with which the US Consulate had tied up for this initiative, a branch of their two-year English Access Microscholarship programme. Eight students from Chennai’s Corporation schools were chosen for a trip to Washington D.C., based on an evaluation of their creativity and logical reasoning skills. Before taking the trip, the students…

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This year, the government announced an increase in the Minimum Support Prices (MSP) for farmers, those national benefactors who are mostly forgotten. The MSP for 14 crops sown in the summer was increased. The price of paddy was hiked by 13 per cent to Rs 200 per quintal, the most important crop, while the MSP for cotton saw a hike of 28 per cent. This was called a “historic decision” by the government, but it immediately set off a ripple of fear among consumers in cities. Will inflation shoot up? Shall we now have to pay more taxes in order to maintain…

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