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Showing posts from January, 2011

Nepal deprived sector lending certificates ?

Initiative for Responsible Investment at Harvard University recently came out with a report Impact Investing: A Framework for Policy Design and Analysis . This report talks about the role of the government to make impact investment more impactful and how to nurture the still immature sector of impact investment..I did not get to read the entire report but I had a chance to go through the Case study done in India’s priority sector lending. Here is the summary of the case study: “ For more than four decades, the Reserve Bank of India (RBI) has required all public and private banks to direct a fixed percentage of lending to “priority sectors,” which it defines as underserved or priority areas for economic growth. Today, state-owned and private banks must make 40 percent of all loans to the priority sector, whereas foreign banks have a minimum requirement of 32 percent. The priority sector includes agriculture, small enterprise, retail trade, education, and housing financ...

Nepal Youth and Small Enterprise Self-Employment Fund (YSESEF)

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In 2009, the Government of Nepal (through the Ministry of Finance) launched the Youth and Small Enterprise Self-Employment Fund (YSESEF) Programme in order to provide the opportunity of self-employment to the unemployed youths and to small business people. The Ministry of Finance (MOF) has been working in collaboration with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), which has its local Chambers of Commerce and Industry (CCIs) all over the country. The YSESEF Programme includes four steps: 1) Application and registration at CCIs 2) Participation in orientation training on small business and entrepreneurship (3 days) provided by CCIs 3) Application for a loan up to the maximum amount of Rs. 200,000 through banks and financial agencies 4) Utilisation of the loan for establishment of new small-scale businesses or strengthening of existing small-scale businesses The programme was widely advertised in the media. There has been record response to the programme from ...

Davos Annual Meeting 2011 - India's Inclusive Growth Imperative

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Great Panel debating on How to achieve inclusive economic growth .... Everyone in the panel agrees helping the poor or expanding to the rural area is not just mere CSR... Home Minister argues despite the emergence of increasing private sector involvement in the inclusive growth movement,State have a every important role to play... Home Minster also states - Country where entrepreneurial spirit is embedded in the often resist foreign direct invest.... this statement reminded me of a this story No matter what you do agricultural growth rate cannot out run or match growth in Service and industrial sector... to reduce poverty and create rural employment ..its is very important to create jobs in sector other than agriculture.................

Tele density in Nepal as of 2011 37%

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Click here to read A recent article in The Economist profiled mPedigree, an incredible cell phone service available in Ghana and Nigeria that can verify if the drug you just bought is legitimate or counterfeit.

Road construction in Villages Development or Destruction

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4 Ideas for Financial Inclusion

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STATS FOR Foreign Investment in Nepal-2011

उत्पादनशील १९ अर्ब ४५ करोड ९० ऊर्जा १३ अर्ब २९ करोड १० लाख सेवा १२ अर्ब ५४ करोड पर्यटन ७ अर्ब २१ करोड ६० लाख निर्माण २ अर्ब ९२ करोड ६० खनिज २ अर्ब ८३ कृषि ५२ करोड ६० Continue Reading

Whatever happened to Nepal's diaspora bonds?

"You might recall that the finance minister of Nepal announced in the annual budget in July 2009 that the government would issue a diaspora bond to raise funds for infrastructure development. Indeed Nepal Rastra Bank followed through in June 2010 by floating a “Foreign Employment Bond”. Although the initial goal was to issue Rs. 7 billion (about $100 million), Rs. 1 billion was floated in the first round. Nepali workers in Qatar, Saudi Arabia, UAE, and Malaysia could buy the bond from one of seven licensed money transfer operators in denominations of Rs. 5,000 (about $65)." CLICK HERE FOR KEEP ON READING

Rural Housing Development opportunity

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NON Resident Nepali venture Fund...

How to encourage and incentivize Non Resident Nepali to diverge their foreign banks savings into productive sectors of Nepal was discussed in the Non-Resident Nepali (NRN) conference, which was held in Dubai between Jan 14- Jan 16, 2011. Considering the current political situation of the country, hopes for increase in foreign direct investment or foreign insistuational investment is very slim. Majority of Nepali diasporas all around the world are willing and wanting to contribute to socio-economic development of their motherland. However, they are reluctant to invest because of the lack of safe investment opportunities and skeptical to give charities due to ineffectiveness and un-sustainability of philanthropy. Impact investments venture fund (IIVF) might be the perfect investment vehicle to attract foreign capital inflow from the NON Resident Nepali. Manage by private sector financial experts IIVF is a hybrid between venture capital and philanthropy.Capital pooled in by ...

A New Model for Emerging Markets

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New business Model for Developing Countries

Management and Hinduism

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Source: Harvard Business Review

India's Financial Inclusion Discussion

http://ht.wstream.net/banking/100324/live.asx

Rethinking Capitalism

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"Value Chain Analysis" and "Fair trade " are very hot topics among the development community in Nepal..Watch what Daddy of value chain analysis has to say about sustainable strategies....

Impact investment - A hybrid of Foreign Direct Investment and Foreign AID

Can Nepal benefit of this emerging asset class ? They say in 10 years it is going to be a $1 trillion industry Wont make you guys to read a lengthy report .. just watch a video http://www.cgdev.org/content/multimedia/detail/1424674

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