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“According
to the UNDP report of 2003, Indian society is a highly inequitable society
where the richest 10% consumes 33.5% of resources and the poorest 10 per
cent get only 3.5% of resources. Around 233 million people are chronically
hungry.”
National Human
Rights Commission (NHRC)
Chairperson, Justice (Retd) A.S.Anand
Economic Times Finance Bangalore Friday 13th October 2006 |
Our
Vision
AFFORDABLE AND AVAILABLE HEALTHCARE
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to secure
the Life and Health of every Indian, |
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to make
Healthcare, Available and Affordable, |
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to provide
educational scholarship to every child |
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to make
every Indian Credit Worthy to enhance his skills and get gainfully
employed. |
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to make the
poor, the Growth Engine of Indian industry |
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to make the
poor contribute to Indian GDP |
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While some 700
millions Indians are mired in poverty, living on less than a couple of
dollars a day, India is also minting millionaires at the rate of knots.
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Banks &
Microfinance institutions are now offering credit to community-based
projects like provision of clean water, common energy systems and public
sanitation facilities. |
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While there
are millions of people in the country who need micro credit to earn
their livelihood, there is also an increase in the number of people who
realize, the need for such basic facilities and are willing to take
credit for the same, says industry experts. |
---Micro credit
finds outlet in community projects
Economic Times Finance Bangalore Friday 13th October 2006
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"As MFIs
begin to offer more and more services through common channels, their
operating costs will go down resulting in lower interest rates,” asserts
Mr. NV Ramana, CEO Basix. |
---Microfinance
institutions
Economic Times Finance Bangalore Friday 13th October 2006 |
Solution
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Social
Security Scheme |
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Life &
health coverage |
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Student
Scholarship |
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Credit
worthiness |
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Opportunity
to enhance skills to get gainfully employed |
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Access to
finance |
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