Saturday, January 12, 2013

Government investing in Co-operatives run by marginalized groups

DoC plans co-op subsidy guidelines | National | Business | ekantipur.com

Government decided to provided seed money to run co-operative run by the low-income and disadvantage population. Can this we considered impact investing ?

"The programme has targeted the poor from underprivileged communities like Haliya, Kamaiya, Dom and Musahar. It has also targeted promotiung cooperatives operated by low-income people like rickshaw pullers and single women."


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Related news from India - "  A venture capital fund, dedicated to promoting Dalit entrepreneurs, has been registered by market regulator Sebi, paving the way for creation of a corpus to support businesses owned by people from the Scheduled Castes." click here to read more 




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