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.

Nishanth Dugar in his factory. Pic: Kate Clark Piles of white cloth carry bags cover every inch of the floor in 23-year-old Nishant Dugar’s small Peenya factory. Six women are hard at work; a chorus of sewing machines pound, punch and hammer ceaselessly. Dugar has been making the trek from the Indiranagar office of his company, A S N Entreprises, to his two factories in Peenya since the total ban on plastic in Karnataka meant an end to his former business: manufacturing and selling plastic bags. The plastic ban was first announced in January 2015 and was made official in…

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It was an enlightening thing to go through the vitriol and acrimony of the messages during the bandh, and in the last few days.   As someone whose family has been in farming, I urge all of you to think about supporting farmers every day of the year. The easiest and most effective way to do so is by eating local produce -- from millets to leafy greens to gourds. Traditionally, native grains and vegetables have been varieties that have used very little water to grow, and are extremely healthy for us. Our state's cuisine include staples like ragi and…

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The process of Aadhaar authentication. Pic: UIDAI website The Unique Identification numbers of Aadhaar card holders are being extensively used by government and private agencies for authentication purposes, as we have already seen in an earlier article. READ: Part 1 of the Aadhaar story for an idea about how private agencies are using Aadhaar authentication system to provide service to the customers. There are 246 registered Authentication User Agencies in India, both government and private, which are helping organisations and individuals in executing the authentication process. In simple terms, they help the organisation that has placed the authentication request, to confirm…

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Pic: Wikimedia Commons In November 2015, even before the Aadhaar Act was passed in the parliament, Swabhimaan Distributions Private Ltd, a company based in Gurgaon, launched an Aadhaar based service called TrustID. It was hailed as the first mobile app to help people verify the identity of an individual using his/her Aadhaar ID in less than 1 minute. The TrustID website says the service aims to effectively utilise the power of Aadhaar for identity verification of an individual. Basically, it offers instant Aadhaar ID authentication or Aadhaar ID background check for any contact. It can be used to check anyone’s Aadhaar…

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Bengaluru's street vendors, under the banner of the Bruhat Bengaluru Beedhi Vyaapaari Sanghatanegala Okkuta (Federation of Street Vendor Unions of Bangalore), had organised a protest on March 10th 2016 at the BBMP Head Office. Street vendors protest at the BBMP premises. Pic: Beedi Vyaapari Okkuta Soon after, the protest began, the BBMP Mayor, Manjunath Reddy, promised to meet with members of the Federation after the Council Sessions were done.  Demands of the protesters 1) A joint meeting should be convened with the Mayor, Commissioner and respective coporators, comprising Kaverinagar, Koramangala, Shivajinagar and Jayanagar 9th Block street vendors. 2) 1% funds…

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While the jury is out on the third Union Budget by Finance Minister Arun Jaitley, one aspect stands out: it brought little news, either good or bad, for cities. However it is important to note that budgets are not essential for the city level expenditures. The provision relevant for cities such as public health, land tenures, local government, etc fall under the State List of Indian Constitution. In the case of Bengaluru, it is the Karnataka State budget or the Bruhat Bengaluru Mahanagara Palike budget that has more impact on the ground than the Union Budget. Having said that, the…

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How much are you paying for your LPG cylinder? Pic: Meera K Akankshit Kanungo, a resident of BTM Layout in Bengaluru, is a customer of Indane gas agency. He has a private LPG provider, Jyothi Gas, as a back up. The reason: Indane is not providing good service. Bills were not provided, refills were not delivered. There were mysterious bookings in his account, that never delivered any gas to his address. Unable to get refills when he wanted, he went for Jyothi Gas. He pays around Rs 850-950 including delivery charges, which varies every time. He is not connected to…

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Plastic waste from across the city is collected at Jolly Mohalla, before it undergoes recycling process. Pic: Akshatha M Abdul Khader, a middle-aged man, owns a modest plastic waste collection centre in the narrow lanes of Jolly Mohalla. Amidst the bunch of scrap dealers spread across this famous location close to K R Market in Bengaluru, Khader established his shop 25 years ago. For him and his three employees, the day starts at 4 am. Kabadiwalas and ragpickers throng his shop early in the morning carrying plastic waste from across the city. “I buy these plastic cups and plates for…

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The first part of the series LOANS FOR URBAN POOR IN BENGALURU explained how the urban poor living in the slums of Bengaluru get trapped in the circle of borrowing, paying interest and re-borrowing. In this part, the author explores the reason behind the same—why banks do not help the poor—how complicated the process is. Sunil, a slum dweller in Swatantrapalya, wants to buy an auto. He needs a loan badly. Not keen on lending money from local moneylenders for extra interest, he wants to secure a bank loan. However, he doesn’t have any collateral security to offer to the…

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In the early 70s, my visits to Delhi and Calcutta involved late night travels within the city. During my trips to Japan during 1985-95, my working hours were most unpredictable extending beyond midnight most days and I’d travel back to my hotel by myself. Recently between 1995 to 2009, my usual practice was to drive back home from e-city in the late hours. I am not sure whether cities was safer or I was just lucky. Nevertheless we have to face cruel realities of today. I understand as young women you are raring to go and want to have the freedom to…

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