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Showing posts with the label #graminbank #microfinance #csr

Microfinance: the greatest employment generator

It is said that give a man fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. The quote seems absolutely bang on as I look around. India, as everyone knows, has the potential to be the nucleus of global economics but for it to be truly realised and effective, the grassroots levels have to be brought into this opportunity. Only then can there be inclusive growth and social stability. Otherwise we will see the disparity between the rich and the poor growing which can destabilise the social fabric and create economic instability. For the goodness of the world, the world needs to ensure and support India in every way to make this happen. As technology takes over, we are seeing a trend of jobless economic growth and it seems the trend will only get more pronounced. So what is the way out? Help people become job creators rather than job seekers. The Modi government realises this and is working towards skilling people through the Skill India program but it...