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Bijapurkar roughly divides Indian consumers into four categories by their income and consumption patterns ? 60 million people with high purchasing power, 100 million well on the road to that level of consumption, 100 to 150 million who have just started that journey, and the rest who are at the bottom of the pyramid or BOP, in Bijapurkar’s shorthand. However, though its members earn less than a dollar a day, the BOP also forms a significant consumer base, says Bijapurkar, and bus...
The City Market that Is a Microcosm of How India ShopsBlog Post
Guest blogger Grace Augustine is a Research Associate with the William Davidson Institute in Ann Arbor, Michigan. Prior to joining WDI, she worked in strategy & operations consulting for Deloitte Consulting. Grace completed her undergraduate education at the University of Michigan where she...
Article Review: “Scents & Sensibility” Reveals USAID’s BoP Blind SpotsNews
Higher growth of the Small and Medium Enterprises (SMEs) can help cut poverty to a satisfactory level by eliminating various prejudices against labour intensive and creating jobs for the skilled manpower in the SME sector. This was revealed in the just released Bangladesh Bank annual report for fiscal 2006-07. The report said, the key reasons behind the SMEs are not entering into manufacturing are financial constrains, dismal state of utilities, technology and policy discri...
Bangladesh Bank report says: Development of SMEs can curb povertyNews
In lighting, the future lies with the LED. It consumes almost no power at all, and lasts practically forever. Compact fluorescent lamps are going to be obsolete very soon. In the USA, they’re coming soon; lights that last more than 20 years and use 90 per cent less electricity than even the ’new’ compact fluorescent lamps (CFLs). They are called light emitting diodes (LEDs), and we already know about them; they are used for digital clocks and on car dashboards and blinker ...
Meet the new light bulb that lasts 20 years and uses one-tenth the powerNews
Ratan Tata and the Tata group have for months zealously kept a tight lid on the details of the Rs 1-lakh car that is slated to roll out of Tata Motors’ Singur factory in June 2008. But on Tuesday, the shroud came off in singular circumstances. It’s an eco-car with a 25 km-per-litre mileage on petrol, meets every international standard and specification, including Euro-4 norms. Acceleration wise, it’s the same as a Maruti 800. That’s exactly how RA Mashelkar...
Tata small car set to offer 25 kmpl mileageNews
By G. Chandrashekhar Thani Oruvanukku Unav(u)ilaienil, Jagattinai Azhithiduvom’ was the war cry against hunger the celebrated Tamil poet Mahakavi Subramaniya Bharathiar unleashed almost a century ago. Loosely translated, it means, Even if a single person goes without food, we shall destroy the world. One can well imagine the fervour the maverick poet-patriot brought to the subject of poverty and hunger. What has the world come to in the last m...
Investment in health, education, a mustNews
By Elizabeth Littlefield In the three decades since Muhammed Yunus gave his first $27 loans to women in Chittagong, Bangladesh, the microfinance industry has come a long way. What began as a collection of individual non-governmental organizations funded by development donors has become a professional business offering not just credit, but a full range of banking services to poor people. Hundreds of microfinance institutions have matured and become profitable. Local...
The Changing Face Of Microfinance FundingNews
I met Emily Stenning while we were both studying at the University of St. Andrews in Scotland. From the moment I met her, she was constantly working on something: a committee, a foundation, a charity. To me, she is the epitome of the youth movement that we here at Living admire and believe is the future of global activism and philanthropy. Emily recently moved to India (after founding the Timau Children’s Foundation...
Is Micro Lending The Future Of Giving?
