Economy

Listen to Budget speech live here. Tweets by arunjaitley

The ‘Women Start-up Programme’ was inaugurated by NS Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIM Bangalore on January 23 (Monday), 2017. Altogether 50 aspiring women entrepreneurs from all over India have been selected for Stage 2 of the programme. NSRCEL, which is the entrepreneurship and incubation centre at IIMB, in partnership with Goldman Sachs, has initiated the Women Start-up Programme. The programme is designed to enthuse aspiring entrepreneurs-in-the-making to systematically think through their venture idea. It will equip women to develop entrepreneurial skill sets to help with the ideation stage and managerial skill sets that will help them start…

Asha conducts tailoring classes for women in Prakash Nagar in Srirampura to teach the basics of tailoring and also advanced classes in tailoring. Listen to her speak on how to get started with tailoring and be self reliant, there is always a demand for good tailors! In her words “People will come to your house to get their clothes stitched, if you are good at it”. Her underlining philosophy is that we should not waste our time by doing nothing, the least that we can do, is use our time to be useful to others, conducting these classes brings her…

Kaveri (name changed), hails from a remote village in Raichur district. It has been two years since she shifted to Bengaluru and started working in a construction site. Her employer would pay her Rs 6,000 a month in two instalments. The money she earned added up to the family income and was used mostly to look after her three girl children, whom she sees as a ray of hope. She admitted all her girls to a private school back home with an intention to provide them good education. But last two months have been considerably tough for Kaveri. She has…

Photo: Billy Bob Bain (via Flickr) When Rafik (name changed), a young man in his thirties, came up with an innovative business model for advertising in Bengaluru, the first hurdle came in the form of lack of clarity over rules governing this kind of advertising. The business idea was simple: to introduce outdoor mobile billboard advertising, that is, to use private or commercial vehicles for advertising a product or service through stickers or billboards. Unsure of  the rules and guidelines pertaining to this business model, Rafik first visited the advertising section at the BBMP office, enquiring about the procedure to…

Demonetisation is 'the' trending topic in India. It brought along with it a scarcity of cash and an abundance of rumours. Social media has been on fire with rumours surrounding demonetisation. Very few people had a clear idea of what was actually happening. Here we have compiled a list of rumours related to demonetisation in the last one and half months. Know where your notes are The new Rs 2000 was rumoured to have remote GPS tracking abilities due to a chip embedded within the note, right out of a sci-fi flick. Giving due credit to the guy who thought this up, such…

“I want to make Chennai the Detroit of Asia.” That is what the late Jayalalithaa told me during an interview in the 1990s during her first term as the Chief Minister of Tamil Nadu. Chennai (or Madras as it was then) had already had a history of automobile industry, with the presence of Standard Motors in the suburb of Perungalathur and Hindustan Motors in nearby Thiruvallur. Of course, at the time that she made her assertion, Standard Motors was already dead, but Hindustan Motors, the makers of the old warhorse Ambassador cars, was still alive and kicking. So were Ashok…

In the wake of the Indian government’s decision to demonetise currency notes of Rs 500 and Rs 1,000 from the market, and ensuing restrictions on withdrawing money from banks, the common man has had to grapple with considerable liquidity challenges. More than three weeks since the announcement, those primarily using cash as trading currency are still facing a crunch. ATM queues, paucity of lower denomination notes, confusion over exchange and withdrawal policies linger. For a citizenry used to working with cash, this appears as an insurmountable hurdle. They are just at their wits’ end. The government, however, has been pitching…

A solidarity meeting was held at the Institute of Agricultural Technologists on Queen’s Road on 13th November 2016 for farmers across Karnataka who are suffering from acute drought in the last two years. This meeting is part of an effort to engage those who influence public opinion, such as writers, academics, journalists and any other professional in towns/cities to the farmers’ struggle as part of the ‘Bengaluru stands with the farmers in distress’ campaign. Chukki Nanjunda Swamy, Dr Vasu, Geethamma, K T Gangadhar, Prakash Kalmadi and other eminent people spoke about the problems the farmers are facing and how to overcome the drought…

My father once told me, “Son, once you find a good barber and an accountant, you should never change them”. Well, that has become quite difficult this last week – my trusted neighbourhood barber doesn’t accept cards and I don’t have cash to pay him! The recent announcement of the government to demonetize 500 and 1000 rupee notes has indeed caused a major upheaval in my life! Our family also knows that we might be unintentionally exacerbating the “Digital Divide” in recent days. We used to spend quite a bit of our household budget on the local grocer, but have…