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.

The Bruhat Bengaluru Mahanagara Palike (BBMP) is currently facing huge losses in property tax revenue due to a technical glitch in its zonal classification. It is estimated that at least 70,000 citizens have underpaid their property taxes from 2016-2017, the time of implementation of new zones under the Self Assessment Scheme of Property Tax assessment. This glitch in assessment has caused a loss of Rs 240 crores in the past five years for the financially struggling BBMP. Low revenue from property taxes BBMP revenue collection from property tax is Rs 2,400 crores against an estimated demand of approximately Rs 4,000…

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The weekly used clothes market at Marol is perhaps one of Mumbai’s best hidden treasures. Tucked inside Andheri’s Marol dry fish market, old, used clothes arrive here from across the city, especially western suburbs. These are brought by vendors who go door-to-door collecting clothes and exchanging them for vessels. They are traditional recyclers - people carrying baskets of vessels on their heads and a bagful of clothes dangling down their shoulders. What’s on sale The mainstay of the market is used clothes, but now it has expanded to a wide range of paraphernalia including used shoes, bags and suitcases, electronic…

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On a sunny Saturday morning, Jai* hoists his shoe onto the platform of one of the many shoeshine workers on Borivali station. The job barely takes minutes. As per usual rates, he pays Rs 10 for his newly cream-polished shoes. But as he turns to leave, he’s called back: he owes Vinod, the shoeshiner, an additional Rs 5. The cost of shoeshining has increased. The writing on Vinod’s wooden stand is clear: Sada (plain/ordinary) - Rs 10, Cream - Rs 15. Jai’s surprise is not unfounded. The last time shoeshine rates on the stations increased - to Rs 7 for…

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"I stay near Kapurbawdi, but travel to Kalyan, Bhiwandi or even Badlapur or Karjat for work", says Anil, a construction worker from Gulbarga, Karnataka. He's been a painter for the last 22 years. Anil is among hundreds of construction workers who gather at 7 am every morning at the labour naka (a stand or intersection of roads) at Kapurbawdi junction in Thane seeking work. The unskilled and semiskilled workers include masons, painters, plumbers, carpenters, tile polishers and loaders, among others. Mostly temporary or seasonal migrants from Maharashtra and surrounding states, they're informal workers who receive wages in exchange for short…

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Durga has been setting up an all-night tea stall for the last seven to eight years. It was going good until COVID-19 disrupted everything in 2020 and 2021. On any usual night, she stands close to a 24x7 medical shop, piggybacking on its bright florescent light, with a large tea dispenser kept on a plastic stool, and tries to pull in new customers who are either passing by on foot or on their two-wheelers. Her husband, Sachin, helps her handle customers during the peak hours—12 am to 2 am. "Sir, chai, cigarette," she repeats in the hope of attracting customers.…

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A decade ago, when Shantha, a housemaid applied for her Below Poverty Line (BPL) ration card, she was mired in paperwork. However, the process has now been digitised and made simpler, at least on paper. One should be able to get a BPL card by producing one's Aadhaar card and an income statement issued by the Tehsildar’s office as most of the applicants aren’t part of a regular payroll system. Applications, with relevant documents attached, can be made online only. Although online mode of application, increase in private service providers, and the introduction of government initiatives like Grama One and…

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Hailing from Madhubani (Bihar), Binay Kumar Paswan, 40, came to Bengaluru ten years ago in search of employment. Today, he is self-employed as a paanwala, running his own stall near the outskirts of Sarjapur. The venture is not without its challenges. For one, Binay is sometimes forced to change locations, depending on where space is available. He also faces other challenges in the street like harassment and demands for bribes from local authorities. But wherever he sets up shop, he has managed to eke out a living, especially during weekends, when business tends to be brisk.  Binay works from 9…

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As world leaders gather at Egypt’s Sharm El Sheikh for the United Nations Conference of Parties (COP27), climate finance, backed by India, is high up on the agenda. This refers to a transnational financial reserve that will aid the mitigation and adaptation strategies of the “less endowed and more vulnerable” countries.  While addressing a high-level Ministerial Dialogue on Climate Finance at COP27, India's Minister for Environment, Forest & Climate Change, Bhupendra Yadav outlined how there is no understanding of what really comprises climate finance. However, it was set up to address “loss and damage”, a term used to describe the…

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Visit any of the Amma Canteens in Chennai, and you are very likely to run into a food delivery worker, satiating his hunger with sambar rice or idlies at a maximum of Rs 5, after delivering orders costing hundreds and thousands to patrons of other restaurants across the city. It's not only gig workers, of course. Amma canteens are the go-to place for many other working class people in Chennai for their daily meals. Food subsidy schemes dispensed through low cost canteens aim to tackle hunger and poverty. Tamil Nadu was a pioneer among all states in implementing such a…

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Most people do not know about an anganwadi worker’s responsibilities, they think this is a voluntary service that can be compensated with an honorarium. I share my story here to tell you about my work, my goals and my experiences as an anganwadi worker. I have been an anganwadi worker since 2002 and I recently completed 20 years in this role. Although my children were 12 and 9 years old respectively when I joined, I faced a lot of trouble managing my household responsibilities, ensuring they are cared for, picked up from school and fed while I went out to…

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