AFP, New Delhi :
The hunt for work becomes more desperate every day on Delhi’s street corner labour markets as India’s economic slowdown bites deeper, piling pressure on Prime Minister Narendra Modi just half a year into his second term.
With the central bank cutting interest rates five times this year – but on Thursday unable to lower them any further because of high inflation -patience was running thin at the “labour Chowk”, or market, in the packed, narrow streets of Old Delhi.
Among the hundreds of painters, electricians, carpenters and plumbers who anxiously gather at dawn each day, 55-year-old painter Tehseen has been a regular for three decades. But he is despondent.
The hunt for work becomes more desperate every day on Delhi’s street corner labour markets as India’s economic slowdown bites deeper, piling pressure on Prime Minister Narendra Modi just half a year into his second term.
With the central bank cutting interest rates five times this year – but on Thursday unable to lower them any further because of high inflation -patience was running thin at the “labour Chowk”, or market, in the packed, narrow streets of Old Delhi.
Among the hundreds of painters, electricians, carpenters and plumbers who anxiously gather at dawn each day, 55-year-old painter Tehseen has been a regular for three decades. But he is despondent.