Poor and Marginalized Farmers

However, there is still a ray of hope for the poor and marginalized farmers, only if the government gears up to effectively pursue the micro- credit policy with a missionary zeal. Recently, Mohammad Yunus of Grameen Bank was bestowed with the Nobel Peace Prize for empowering millions of poor in Bangladesh through micro-credit. A similar replication of Professor Yunus’ Grameen model which today covers nearly 6.6 million Bangladeshis may help India’s farmers emerge out of their recurring debt cycles. According to the 2001 census, about 742 million (72.2% of population) of Indians still dwell in villages. Of these, a majority fall in the category of poor or below poverty line. In villages, agriculture and related activities are still the major source of livelihood. And micro-credit has witnessed an unprecedented rise.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)