commercecurrents

  RETAILING AND RURAL ECONOMY: How the IPL Helps Villages and Small Towns in India                                                                                                    Dr.G.Vincent, Asso.Professor-Commerce, SRM Trichy When you think of the IPL, what comes to mind? Probably huge stadiums in big cities, famous team owners, and players earning crores. It really feels like a big city show. But the IPL's impact goes far beyond the city lights. It actually plays a big, and often unseen, part in helping India's rural economy. Even though the matches are in cities like Mumbai or Delhi, many of the people who get the stadiums ready come from villages. Think about all the temporary jobs c...

 From Trash to Treasure: How a Bengaluru Innovator is Turning Waste into Wealth I recently came across an inspiring article in the Hindu Business Line about a "new category of products" that are quietly arriving in the market, powered by something called the circular economy. This story from Bengaluru was too good not to share, and I think you'll find it just as fascinating as I did. But first, what exactly is a "circular economy"? To understand its power, we need to look at the system we currently live in. The Problem with 'Take-Make-Waste': Our Linear Economy According to the United Nations Development Program (UNDP), our modern world operates on a linear economy. It's a simple, but destructive, three-step process: Take: We extract raw materials from the earth. Make: We turn them into products. Waste : We discard them after use, usually in a landfill. The result? A staggering 92.8% of the materials we use are never cycled back into the economy. T...