India Together - News feed for the Economy section.
Regular economic issues newsfeed from India Together
- Villagers protest plans for salt factory
Against the wishes of the local people, and even the State government, a salt factory is proposed to be established on land that has been used freely by 20,000 villagers for decades. In the face of shifting politics, the residents are determined that they will protect their livelihoods. Aparna Pallavi reports. - Brass metal work losing its shine
Hundreds of artisans in Hajo are finding their livelihoods threatened by a local monopoly and other factors that have driven the prices of raw materials very high. The Assam government is intervening to help, but the beneficiaries wish they were consulted more. Ratna Bharali Talukdar writes. - 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. - Uneasy quiet on the POSCO front
A large development or industrial project, stiff people's protests, takeover of vast tracts of land, widespread environmental and social impacts, and more. All of these realities have manifested themselves in government clearances for the POSCO project in Orissa. Manshi Asher and Kanchi Kohli analyse the current situation. - SEZs: A history of injustice and abuse
The origins of today's law for land acquisition for SEZs act can be traced to 1824, when the British colonial power felt the need to codify the undisguised forcible seizure of land. While colonial rule has long gone, the unjust application of the principle of eminent domain remains, writes Kannan Kasturi. - Paying no heed to groundswell of opinion
A range of criticisms raised at a recent seminar in Mumbai are a sufficient indication of the extent to which SEZs are being pushed as a government policy without any public consultation on their pros and cons. The seminar, on SEZs and their implications for urban planning, was held at the Rachana Sansad School of Architecture. Darryl D'Monte reports. - How about a fruit ice cream?
Charles and Nirmala Sequeira were simply looking for something different to do. Little did they think that their decision to start selling ice cream made from local fruits would catch on with customers, and open a new channel for value addition for local produce. Shree Padre reports. - 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. - A rural B-school for women
Mann Deshi Udyogini, formed by a rural women's cooperative bank in association with HSBC Bank, is a business school aims to empower rural women with knowledge of how to run small enterprises. Gagandeep Kaur reports. - Carts, kiosks, and Indian retail
A number of implicit and explicit constraints influence the extent to which carts and kiosks work as avenues of creative entrepreneurship. Varupi Jain compares the Indian scenario with that in the US, and notes cultural and social realities that shape the Indian experience. - Tender coconut juice, instantly chilled
Moments after a customer approaches this cart, the vendor pours tender coconut juice into a funnel-like part. Chilled juice comes out of a stainless steel tap below, filling a 250 ml glass, for Rs.10. Shree Padre reports about Fruit Hut Beverages, a Hyderabad-based firm that has launched the Coco Fresco brand. - Storm continues over Silent Valley
The Kerala government is proposing to construct a new dam only a few kilometres from the site of one of India's great environment struggles in the Silent Valley National Park. But cooked data and ignored court orders have once again invited the wrath of conservationists. M Suchitra reports. - A 'sour' source of delight and livelihood
A three day festival of a special tender mango called appe midi held last month in Shimoga, Karnataka attracted 6000 visitors. The festival showcased a range of preparations including popular pickles, and gave a filip to the conservation of this wild mango variety. Shree Padre reports. - Lives strangulated by needle and thread
27-year-old Ratnamma, a garment factory worker, was forced to deliver a baby on the streets of Bangalore. 20-year-old Gayathri was run over by the bus belonging to the Bangalore garment factory where she worked. Garment workers in Bangalore are caught in an exploitative web, reports Padmalatha Ravi. - Growing credibility gap
It is widely accepted that agricultural subsidies in developed nations are distorting global agriculture trade. And yet, Purdue University and the World Bank are cleverly using economic models and simulated 'welfare gains' to push for market access in developing nations. Therein lies a danger, says Devinder Sharma. - North East: Looking beyond the chicken's neck
The economy in the North East is still largely based on subsistence-oriented farming. There is plenty of frustration arising out of inability to meet modern aspirations. What are the options for people to engage in productive work and earn more money? Surekha Sule reports on a new research effort. - India's black agenda in a climate change era
In January, the Ratan Tata-chaired Investment Commission green-lighted coal-to-liquids (CTL) technology for India and the goverment appears eager to develop policy to promote CTL. But beyond the pressing demands for energy security and new investment lies a starker reality less seen by the public, notes Sunita Dubey. - Jobs, skills, shortages and future-proofing
India has only 5,100 Industrial Training Institutes and 1,745 polytechnics compared to 5,00,000 similar institutes in China. The USA boasts of 1500 trade training programmes compared to India's 171. A national conference in Delhi this February recommended measures to bridge the yawning gap between growth and jobs, reports Varupi Jain. - Under pressure, India makes U-turn
At a two-day international seminar on "Saving Doha and delivering on development" that concluded at New Delhi on 13 March, India's Commerce Minister Kamal Nath provided ample evidence of India's willingness to go along with the rich and industrialised countries. The writing is on the wall, says Devinder Sharma. - How much, for submerging that forest?
When a large hydropower projects results in the conversion of forest land, or its submergence, what is the right amount of money to be paid as compensation for this ecological loss? Himanshu Upadhyaya finds that developers are seeking creative arguments to lower the costs to themselves. - SEZs: Lessons from China
While single-minded pursuit of exports has helped China touch record growth figures, millions have been left behind, besides incurring huge environmental costs. And without even the limited dose of welfare that China offers its poor farmers, India must wary of copying China's SEZ-approach, writes Bhaskar Goswami.