Finally rediff came out with good article. Its great to show prosperity in country where every community is crying for their powerty and wasting time behind licking politicians. Now atleast educated people turn themselves into microcredit investor and earn as much profit as they can by offering a real social service.
have a read, i would suggest this book to one and all who aspire to see India developing in the right sense.
India is a country of a billion which boasts of accelerated growth rate but still has almost 700 million people living on less than Rs 20 a day. Is this the ideal development...well I don't have to comment on that. We as Indians should forget minor differences promulgated by those in the echelons of the society and look towards an inclusivist society with equal opportunities for all. I wish a day would come when the burgeoning middle class in India would invest in Micro-enterprises instead of spending their hard earned moolah on real estate and stocks. Believe me one could earn a lot more if one were to do this as real estate and moolah offer only speculative returns. In the last three years I have been conducting research on micro-enterprises and the effect they have on UK economy and the results of my study conclusively proves that micro-enterprises are the backbone of any developed economy and society so please help the downtrodden by helping them start small businesses and see a bright and beautiful tomorrow. Such investments are not charities instead an invest in the future of our country. If anyone wants to discuss about microenterprise centric issues kindly free feel to email me. My email id is willsthomas@hotmail.com.
RE:great article
by Salem Sathyamurthy on Sep 27, 2007 03:25 PM
Yes, I Like the idea and it is great, but how does an individual start the initiative? I have seen some locations which can improve with this and have resources to support them, but what are the statutory steps before I can atart support activities? Are there laws in our country that prohibit individual persons from doing this kind of things? I know many companies consider its employees engaging in this kind of activity as second employment and frown on it. I also know banks do not support by permitting small deposits in to accounts. While most understand its benefits, an article on the processes and roadblocks and means to overcome them would be even more helpful.
