Tradesmen sit on the side of a road as they wait to get hired for work in Mumbai.
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. Last week, official figures showed the economy grew just 4.5% in the second quarter, the slowest rate in six years.
“Every businessman is in trouble and is worried. Those who ended their day with an income of 700 rupees are now down to 270,” he said. The multi-nation Organisation for Economic Cooperation and Development stepped up pressure on Modi on Thursday by calling for India to bring down trade barriers and reform its “complex” labour laws that discourage hiring.
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