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Rethinking microfinance strategies
Published on : Wednesday, June 30, 2010
It is proven that microfinancing aids development and help alleviate poverty. It primarily heps local entrepreneurs who lack collateral. The poor are not necessarily unworthy of Credit.The founder of Grameen Bank, Muhammad Yunnus, tells us so in his book, “Banker to the Poor", writes Thompson Ayodele and Olusegun Sotola in The Guardian.
Lessons From the Poor: Entrepreneurship holds key to economic success
Published on : Monday, September 08, 2008
Intellectual elites, in rich and poor countries alike, often associate capitalism with pathological greed, corruption and abuse of power. They confuse free markets with large, sometimes corrupt corporations using political connections to concentrate wealth. In some countries the word “business” is used at times as a synonym for criminal activity. However, government transfers have little to do with economic success. The real keys are individual creativity and initiative, and the sense and ability to address market needs as they arise. In one word, entrepreneurship, writes Alvaro Vargas Llosa
Rural India's jugaad for cheap travel
Published on : Tuesday, March 25, 2008
It ain't the Tata Nano but it's India's cheapest personalized four-wheeler in more ways than one. At Rs1-5 a trip, what looks like a diesel pump engine strapped to a wooden quadricycle is western UP's lifeline. The only thing the jugaad has in common with any other vehicle with similar functionality are its four wheels, writes Ravi Krishnan in the Mint
India's original people's car, decades before Nano
Published on : Sunday, January 20, 2008
Long before Tata Motor thought of developing a “People’s Car” costing about $2,500, there has been another kind of a car for the masses in socialist India. For over three decades, this indigenously built vehicle has been the mainstay of mass transportation in predominantly rural parts of north India. Reproduced here is “India’s ‘Informal’ Car,” by Barun S Mitra, originally published on the editorial page in The Wall Street Journal on 26 January 1995.
The Nano Inspiration
Published on : Thursday, January 17, 2008
Tata Nano is an inspiration. It is remarkable how team Tata pulled it off in just four years. But the larger point is the inspirational lamp that the Tata Nano story lights. There are hundreds of challenges in India where the lessons of the Tata Nano can be applied—design innovation, scale efficiency, vendor networking and so on. I want to talk about three illustrative examples, writes Ramesh Ramanathan in the Mint.
Tata Nano: Small car, big vision, stained by Singur
Published on : Sunday, January 13, 2008
The media frenzy around the un
Ratan Tata reveals his thoughts behind the Nano, and his vision
Published on : Saturday, January 12, 2008
Competitors scoffed. They said it couldn't be done, it would take a miracle to make it happen. Ratan Tata of the Tata Group, in a freewheeling conversation with TOI, on the eve of the launch of Nano. Tata looks back on the four-year journey that led up to the most eagerly awaited launch in the history of India's automobile industry — and discusses his vision for the group, why this would be an ideal time to retire, his search for a successor, rivalries that may have stymied Tata projects and how the Jaguar deal fits into his gameplan... Interviewed by T Surendar & J Bose of Times of India.
Indians seek new dreams in China
Published on : Monday, April 09, 2007
Today, than 150 million Chinese subsist on a dollar a day and thousands continue to risk their lives to illegally migrate to the West. Yet, as China has metamorphosed from a poor, agrarian society into the world's fourth largest economy, its dramatic rise has begun commanding global attention. Unsurprisingly, the country has begun to exert a magnetic pull for foreigners who are flocking to China in search of new economic prospect. The opportunities offered by Chinese cities have seen Indians take their place in the crush of fortune-seeking hopefuls, writes Pallavi Aiyar in The Hindu.
IT entrepreneurs flourish in open market: The success of three I’s
Published on : Wednesday, April 04, 2007
The software stories of India, Ireland and Israel were written because they were open to the external world. Their diaspora provided entrepreneurs, management talent and links to the main markets. Missing in all this are the favourite policy prescriptions—creating clusters, encouraging venture capital, subsidizing R&D, or targeting specific industries for preferential treatment, writes Ashish Arora in Mint.

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