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Diamond Point : where dignity is auctioned


Hyderabad has been seeing a spurt in construction activity whose benefits are not exactly trickling down to daily wage workers. Safia Sircar finds out why.




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Thanjavur : summer of discontent


The Thanjavur region in TN is currently an economy in distress. Lalitha Sridhar captures the voices, concerns and the many questions.




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What can save Kerala's small coir?


With small coir manufacturers in Kerala unable to modernise their processes, their loss has become Tamilnadu's gain, reports P N Venugopal.




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Defence or development?


Colonel Pavan Nair studies the allocations for defence and development efforts, and asks what's needed to reach even the modest standards of Brazil or Sri Lanka.




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The shadow economy


Solutions to crises in the informal economy should encourage entrepreneurship, but also recognise that a large portion of the shadow economy is downgraded labour.




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Money for nothing


An audit of construction contracts handled by the Rajasthan irrigation department finds that expenditure often exceeds budgets and bypasses rules. Himanshu Upadhyaya reports.




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Common minimal budgeting


The hike in defence spending is one of the reasons Budget 2004 did not do enough justification for development expenditure, says Pavan Nair.




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Keep away, Anjammas tell GM pushers


Surekha Sule contrasts the transgenic research of ICRISAT with the self-dependence of women farmers in Zaheerabad, AP.




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VAT, or something like it


The April 2005 deadline for a nationwide Value Added Tax regime is only months away. But what exactly is on the cards, and what will it achieve? Dinkar Ayilavarapu considers the rationale for the shift, and finds that many of the goals have been whittled away already.




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Tsunami hit saltmakers suffer govt silence


45 km south of Nagapattinam, the 26 December tsunamis washed away thousands of tonnes of stock salt at the Vedaraniam salt pans, filled them with debris and black silt. With government relief coverage withdrawn and the start of the season missed, manufacturers are in despair. Krithika Ramalingam reports.




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The hamaal: weightlifter or pack mule?


In Bilaspur's Saturday vegetable market, loaders complain of interminable waits each day to receive payments as low as Rs 5 from traders and vendors. In this fourth article in our SLUM DIARIES series, Ashima Sood notes that a plethora of labour laws are being flouted, with Chhatisgarh's minimum wages schedule not helping.




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Connecting outlays to outcomes


Although the government has spent large sums of money tackling problems, most social and economic indicators in the country are far short of the goals. Jaydeep Biswas and Debashish Sircar say we need better interim assessments of how money is spent, and social infrastructure to complement physical nation-building.




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'Regularly' employed in Chingrajpara


Can the small-time retail shop's employee or the truck operator's handyman claim more job protection than his wage labour counterpart? In this sixth article in our SLUM DIARIES series, Ashima Sood notes that the labour law framework is no more a friend of the small establishment's employee than it is of the casual labourer.




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'Middle class' palaces


Who is buying the new homes that are mushrooming in every city? What income group does this class belong to, and how does their affluent consumption compare to the national average, or to home-buyers elsewhere in the world. Darryl D'Monte finds some of the answers at a session with a human geographer.




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The enterprising labour of small vendors


The vendors and hawkers of the Chingrajpara slum in Bilaspur are the lynchpin of the slum’s homespun economy. In this seventh article in our SLUM DIARIES series, Ashima Sood notes that operating on small capital outlays, these petty retailers offer a humbling portrait of entrepreneurship in action.




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Entertainment tax bonanza in Kerala


The Kerala government gives the entertainment industry a huge tax break, by reducing dues from the operations of amusement parks. With no political party interested in opposing the drain on the treasury, taxpayers will be left to foot the bill for this largesse, note M Suchitra and P N Venugopal.




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Mindful markets


Today there is much more space for the idea that we can succeed in the market-place as social and moral beings not merely as slaves to some supply and demand curves, says researcher Rajni Bakshi, author of Bapu Kuti. She spoke on socially responsible investing at the National Stock Exchange, Mumbai, on the NSE Annual Day, October 21st, 2005.




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Micro credit gathers force


There is now mounting hope that micro finance can be a large scale poverty alleviation tool. Banks too are shedding their old reluctance to lend to the poor, and are looking to tap the expertise of micro credit groups to create a new market. Ramesh Menon reports on the status quo and the challenges ahead.




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Low cost rural houses from local materials


A traditional rural residence is almost always based on adaptations to the local environment, and is often built with the labour of the villagers themselves without the need for external mechanised inputs. Surekha Sule reports on the Rural Building Centre, a NIRD initiative showcasing several such homes.




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The dams balance sheet


The establishment's appetite for large dams diminished marginally in the late nineties, but encouraged by the World Bank's low-key decision to restart funding, Indian governments are ready to start building again. But are large dams worth the expenditure? Tarun Jain and Ashima Sood report on the findings of a new research paper.




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A new coalition backs garment workers


Even if activists and trade unions in India succeed in pushing up wage scales in the garment industry, manufacturers are likely to point out that with higher labour costs and hence billing, the high profit global retail buyers would shift their business to cheaper nations like Bangladesh or Indonesia. Is there a way out? Anuja Mirchandaney finds out more.




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Weaving woes on the handlooms


While some of the handloom sector's troubles come from the relentless march of mechanisation, modernisation and sophistication, there's more to the troubled weavers' plight, says Narasimha Reddy.




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Beyond the Clemenceau's recall


The recall of the decommissioned French warship Clemenceau back to France in the wave of protests worldwide opens a great opportunity for India to clean its ship breaking yard in Alang, and improve conditions for its workers. A thorough assessment of facilities at Alang is much needed, notes Ramesh Menon.




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What's in a brand name?


In a few seconds, advertisers tell us stories from a fairy-tale world of the strongest, whitest, coolest and simply the best. And alas, like most fairy-tales, advertisements are often false. How can consumers be better informed? Varupi Jain talked with VOICE, a New Delhi-based consumer rights non-profit.




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Bt: Flaky results, pre-determined consensus


Can transgenic cotton ever be a livelihood security measure for the majority of India's small-holder farmers? Keya Acharya is circumspect. She says that the Bt cotton story in India is one of confusion. Bt appears more to favour 'rich' farmers, who have access to water, better resources, and alternative support.




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More self-goals by the PFC


After three years after a loan disbursal to the Jindal Thermal Power Company Ltd. (Jindal) for a power project in Karnataka, the public-sector Power Finance Corporation has drawn flak from the Comptroller and Auditor General for having offered undue benefits to Jindal and causing a loss of Rs.13.48 crores to itself. Himanshu Upadhyaya digs deeper.




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Training the millions left behind


Vocational training could play a key role in bridging the gap that keeps millions of workers in the unorganised economy away from a better future. The needs of informal sector workers are complex, and mere training for income-generation is seen to be insufficient, writes Varupi Jain.




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India's investment opportunities in sustainable business


A new report from TERI, the first of its kind for India, argues that compliance with environmental, social and governance criteria would better differentiate Indian stocks in comparison to issuers from other emerging markets for high quality investors. Rajni Bakshi has more on why India must care.




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Tripura taps the rubber economy


A persistent push to develop large-scale rubber plantations as a livelihood alternative to slash-and-burn cultivation by tribals has resulted in a major economic upswing in Tripura. With market prices for rubber well above sustenance levels, the future looks bright too. Ratna Bharali Talukdar reports.




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Wanted: talented young to match jobs galore


The Indian economy is creating millions of varied job opportunities. Despite this, scores of educated youth are not readily employable and face a grim future. Companies are struggling to find and retain talent. Ramesh Menon on the challenges.




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Too much fruit, too little bounty


As the heaps of pineappples grow bigger, prices will go down drastically from Rs.5 to Rs.2 and finally to 50 paise per pineapple, says Priyalal Sharma, a Tripura grower, who has also started rubber plantation in some portion of his land. Ratna Bharali Talukdar reports.




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PPPs: Tall claims, but little evidence


The many arguments offered in support of Public Private Partnerships don't stand up to close examination. The private sector is not more efficient than its public counterpart, nor is cheap money accessible to it as readily, write Shripad Dharmadhikary and Gaurav Dwivedi.




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From snow ball to coconut lassi


This Kochi's couple's one-year-old enterprise is perhaps the only serious attempt to market snow ball tender coconut so far. And in their response to irregularity of supply, they introduced the coconut lassi. Shree Padre has more.




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World Bank's CAS: The forward march of failure


The newly announced country assistance strategy for India is the continuation of what the World Bank has been pushing in this country and elsewhere in the last 15 years or so years, with nothing to show for it, writes Shripad Dharmadhikary.




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Making sense of the rural rush


The list of new products that corporate India wants to attach the 'rural' tag to has grown quickly. What is at stake here is more than the survival of India's ambitious, if creative, consumer goods manufacturers, writes Rahul Goswami.




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Meet on quality of growth and inclusive development


A conference on September 14-16 this year at New Delhi will bring together political decision makers, representatives from entrepreneurial associations and corporate partners, and civil society to discuss growth in Asia. It is backed by Germany's Federal Ministry for Economic Cooperation and Development, and the Planning Commission of India.




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A canal of misery


The 260-km Sharda Sahayak canal took 32 years to complete, and cost almost 20 times the original estimate. It irrigates only half the area it was supposed to, and has created untold suffering along its path. Puja Awasthi reports.




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Albert Pinto's missing anger


In the old days, government was responsible for controlling inflation. Now if you feel the pinch of inflation, you have to fend for yourself, and especially because everyone is so busy looking after you, writes Pratap B Mehta.




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MGNREGA payment woes: bad to worse?


To check corruption under the MGNREGA, the Centre is routing funds through banks and POs. But this has resulted in delayed payment and loss of faith in the system among people. Pradeep Baisakh argues the case for the earlier cash payment system.




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Living with 'installments'


Many micro-credit loans do no more than allow a family to juggle its finances for a month-to-month existance. As investors embrace this 'market', MFIs are increasingly under scrutiny. Jaideep Hardikar reports.




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Cooking the dam books


In theory various rules govern the use of AIBP funds to execute projects. In practice, as the CAG reminds us, money is liberally diverted, and the States and the Centre both look away. Himanshu Upadhyaya reports.




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Manufacturing a policy


The government's new plans to boost manufacturing in the country look quite similar to its earlier promises made when SEZs were set up. But there are a few lessons to be learned from that experiment, writes Kannan Kasturi.




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Moving in, staying out


A massive tide of migration to metropolitan areas is changing the form and function of cities before our eyes, but not always in the manner that planners expect.




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Growing business at the bottom of the pyramid


It is tempting to take a rosy-eyed view of the future of successful entrepreneurship at the BOP. But what is the picture really? Richa Govil takes you through some recent stories and the lessons they may hold.




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The key to the handloom crisis


The principal contribution of the Malkha initiative is in its idea of rooting cotton handloom production in the rural economy, much against the trend in urban discourses. Neeta Deshpande reports.




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BUDGET: Why more taxes may be good


It is time for the Union Budget 2013. Shankar Jaganathan argues why, in an economy such as India, despite the general public vote against taxes, raising the tax-to-GDP ratio is more critical than restraint in fiscal spending.




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Professional or mercenary?


The relationship between professionals such as doctors, lawyers and teachers and the society they serve is increasingly and radically changing. The reasons behind the same, however, may go deeper than the obvious mercenary tendencies of the former. Shankar Jaganathan ruminates.




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Ballia: Chasing elusive dreams


Lack of development and unmet aspirations in India's villages and small towns not only raise the pressures arising from rural-urban migration, but also trigger an overall sociological malaise that is so difficult to dispel. Puja Awasthi reports from Ballia in eastern Uttar Pradesh, a stark example.




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Humble jackfruit eyes haute cuisine status


Of the abundant quantities of jackfruit grown in India annually, an estimated 70 per cent rots away, due to lack of awareness and difficulties of usage. Now, a joint initiative by an academic institute and a farmers' group seeks to change that. Shrikrishna D reports.




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Death knell for music?


The recent closure of a landmark music store in the heart of Calcutta is symptomatic of the larger malaise afflicting the music industry. Shoma A Chatterji reports from a gathering of local luminaries to protest the rising menace of piracy in music.