Posts Tagged ‘financial inclusion’


GDP, IIP, Inflation. Did all these represent the AAM AADMI, the so called COMMON MAN?

Recently I heard one of the speeches of Rahul Eswar, a well-known intellect and a known personality in India said “India is not a nation – it’s a Notion. It’s a belief”. I agree to that 100%. We all are living in a nation which doesn’t have national identity of its own. The nationality of Ind

Rahul Eswar

ia is identified by the collective nationality of its states. That’s why in statute it is said that India is a ‘union of states’.

For this reason, taking Indian nationality for granted is a very serious issue. One of the Chinese goals to become super power is, to break Indian state in to different countries. The recent separatist and irresponsible activities and arguments for that seriously hurt the nationality of India.

Ours is a country dreaming to become superpower. In my previous article “Vision 2020 – is it still a dream” I talked about the requirements and hurdles for our superpower dream with reference to two well-known books (Vision 2020 & India after Gandhi).It is a very serious time in which India has to quickly react to all its hurdles as I mentioned earlier the Geopolitics play by China is seriously a biggest threat. (more…)


Books are of two types Fiction and Non fiction. It is always interesting to read a book which is something like an autobiography of an individual who transformed the way the world thought of eradicating poverty and have economic inclusion. Young generation today need the social perspective of whatever they do in their personal life and Professional life.

In my previuos article i discussed about the way microfinance has been used to eradicate poverty in a successful way and the grand and marvelous success of Grameen Bank promoted by a Professor named Muhammed Yunus of Bangladesh. He showed to the world that nothing is impossible, but the thing is, people must have the intention and will to work for the social cause.He had that will, that’s why a community development program in a college near Jobra village of Bangladesh has become a pioneer for the Financial inclusion worldwide.

Banker to the poor : Micro-lending and the battle against world poverty is nothing but an autobiography of Mohammed yunus and his Grameen bank. This book was written by Muhammed yunus with Alan Jolis. They have segregated the book into 7 parts that clearly gives a detailed picture from Yunus early ages of life to the present growth of grameen bank.

It all starts with bloody fight of separatism among the east Pakistan and west Pakistan. Separatist wants to create a nation for them which is nothing but people who speak Bengali as their language. While reading that i remember the bloody fight to create Pakistan from India. Pakistan created out of Religious separatism, whereas Bangladesh created out of Language problems. (more…)


Micro Finance – An Innovative Solution to All Economic Problems

Rich get richer, poor get poorer..!

Income inequality and financial economic exclusion are the two toughest problems encountered, not only particular to any country; it is a world’s most dangerous problem. People die on hunger and poverty.

I always had a question in my mind that, even after all this technological improvement and human development (!) why millions and millions of people die?

It is not because of non-availability of food, but it is because of unequal opportunities that seeds inequality among the people. In this blog, I have also written an article regarding the differences about capitalism and socialism kind of economic structure.

Karl Marx forecasted that capitalism is not a sustainable economic structure because it promotes inequality among people, opportunities for most of the working people are ignored for the benefit of few owners. He said Socialism is the only solution for all human economic problems and it directs us towards prosperity. In his book Das capital he claims that a sweeping revolution will happen which will throughout the capitalist people. Those revolutions will not happen suddenly but gradually in one form or other it will happen. (more…)