Just as Paliticiens who eaarn 1000 times what they spend and deliver and get fame, social entrepreneurs also belong to the same species and get money and fame disproportionate to what they actually deliver. Just as Anna Ji said politics as on day are without exception deeply immerced and eat, drink and sleep in carruption and morky acts social enterpreneurs and social enterprise activity is equally or may be more dertiest. From C to S they indalge in every activty. Same on Social Enterprise activity. These days UN has opened up new channel for this sspy group called soc entrepreneurs that is UNCDF.
It may be harsh but a reality. The article says it will retain 1300 workforce and open 600 branches in 22 state and 10 million accounts in one go. This huge plan of Bank transformation may succeed only if Bandhan turns a real bank but if goes with same MFI pattern in just about two years time Bandhan will busth. Banks can not be MFIs and MFIs can not be Banks unless specific policy changes and BR act provisions are made for Financial inclusion and banking for poor to take shape under the differentiated banking paradigm.
West bengal now survives only on rotating money. Money lenders earn money by cheating and goons loot them and spend on luxury items, that again go to bank. What an eco system, if ever agriculture fails nobody can save Bengal from doom- they did not learn from previous mistake and still surviving because of parental land- which they are going on selling.
Re: Money manipulation
by on Nov 09, 2014 09:05 AM
NEW CHANNEL : UNCDF: Just as Paliticiens who eaarn 1000 times what they spend and deliver and get fame, social entrepreneurs also belong to the same species and get money and fame disproportionate to what they actually deliver. Just as Anna Ji said politics as on day are without exception deeply immerced and eat, drink and sleep in carruption and morky acts social enterpreneurs and social enterprise activity is equally or may be more dertiest. From C to S they indalge in every activty. Same on Social Enterprise activity. These days UN has opened up new channel for this sspy group called soc entrepreneurs that is UNCDF.
