Growth as I believe should be with uniformity. The probable way of addressing this, is by creating an entrepreneurial pool. The next big issue is the financing of these spirited souls. That is where the concept of micro financing enters the picture.
Micro finance is a propellant towards growth in nations like India where the rural and poor form major chunk of the population, a population of more than a billion.
Micro finance is one way to address the entrepreneurial needs of the country to achieve full employment of its resources. It helps the country in addressing the "need for growth" issue, by breaking down the imminent need for capital investment requirements in all the avenues through small projects.
Challenges for the government and other private interests will be providing these enterprising mind with the resources to slowly develop sustainability.
Simultaneous efforts by the government to improve the infrastructure is also the key for portfolio investors' interest in micro finance.
This is just an optimistic view.
Micro finance is a propellant towards growth in nations like India where the rural and poor form major chunk of the population, a population of more than a billion.
Micro finance is one way to address the entrepreneurial needs of the country to achieve full employment of its resources. It helps the country in addressing the "need for growth" issue, by breaking down the imminent need for capital investment requirements in all the avenues through small projects.
Challenges for the government and other private interests will be providing these enterprising mind with the resources to slowly develop sustainability.
Simultaneous efforts by the government to improve the infrastructure is also the key for portfolio investors' interest in micro finance.
This is just an optimistic view.
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