South Asia.

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  • UN Launches Project For Micro Entrepreneurs in B`desh

    A new United Nations backed development project has been launched to help nearly 120,000 Bangladeshi micro entrepreneurs, 90% of whom are women, expand their small enterprises and develop new ones. The UN International Fund for Agriculture Development (IFAD) will provide USD 35 million of the estimated USD 60 million finance for enterprise development and employment creation project. A new United Nations backed development project has been launched to help nearl...

    Source
    Zee News - India Edition (link opens in a new window)
    Region
    South Asia
  • Wheels of Misfortune

    Small cars have had it good for quite a while, but the market could undergo a drastic transformation with the advent of ultra-cheap, small cars led by the Tatas’ Rs 1 lakh model. The Tata car, the stuff of dreams millions of potential vehicle owners haven’t yet dared to dream, is slated to roll out of its factory in Singur, West Bengal, in 2008. The state government has done everything in its powers to facilitate the project, from land acquisition to fiscal breaks. At t...

    Source
    Central Chronicle (link opens in a new window)
    Region
    South Asia
  • SME Policy

    The long awaited first-ever small and medium enterprises (SME) policy was finally launched by the government on 15th August, 2007. Speaking at a press conference, the Minister for Industries Production and Special Initiatives, Jahangir Khan Tareen, flanked by the Governor of State Bank and the Secretary for Industries, revealed its salient features, emphasising that the new policy aims to create globally competitive SMEs with a hassle-free business environment and to ensure provision of modern i...

    Source
    Business Recorder (link opens in a new window)
    Region
    South Asia
  • “Push for Innovation” is the New Mantra for IIT Graduates

    Pointing out that there would be a much greater premium on innovation in India in future than has been the case so far, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Saturday hoped that the students graduating from the Indian Institute of Technology, Delhi, will push for innovation. Entrepreneurs NEW DELHI: Pointing out that there would be a much greater premium on innovation in India in future than has been the case so far, Planning Commission Deputy...

    Source
    The Hindu (link opens in a new window)
    Region
    South Asia
  • Sri Lanka Agribusiness Firms Reach out to Farmers

    Sri Lanka’s agribusiness companies have started a programme to get corporate executives to volunteer their services help farmers improve productivity, reduce waste and get better access to markets. The aim of the programme, launched under the aegis of the National Agribusiness Council (NAC), is to get member firms to provide two executives who will visit rural farmers during their leave period and help solve problems, said Mario de Alwis, former president of NAC. ...

    Source
    Sri Lanka Community Portal (link opens in a new window)
    Region
    South Asia
  • Micro Savings & Financial Inclusion

    A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ?no frills? account either with nil or very minimum balances as well as charges that would make such accounts accessible to vast sections of the population. However, the mere opening of a bank account in the name of every household or adult person may not be enough, unless these accounts and financial services offere...

    Source
    The Economic Times (link opens in a new window)
    Region
    South Asia
  • Creating Value at the Bottom of the Pyramid

    Acumen has been spotting entrepreneurs keen to invest money in low-income markets in the areas of health, energy, housing and water. Can markets work for the poor? Acumen Fund, a non-profit venture fund, believes so. In Mumbai, the fund has tied up with the pharmacy chain Medicine Shop, which has 140 shops in high-end locations like Gurgaon bordering Delhi. The tie-up has given Medicine Shop, a new identity. It has opened new branches in the slums of Mumbai. The shops hav...

    Source
    Business Standard (link opens in a new window)
    Region
    South Asia
  • Micro-finance firms turn into delivery boys

    India?s microfinance, which is perhaps the ruling flavour of private equity players, is actually turning out to be a distribution highway for a variety of goods and services given the huge outreach of over one million customers each that large entities like Share, SKS, Basix and Spandana have managed to create. Fuelled by private equity investment and expansion, many of these entities are looking at reaching as ma...

    Source
    The Economic Times (link opens in a new window)
    Region
    South Asia