By Nihit on April 2, 2010
As per The World Fact Book, the Gini Coefficient of India in 2004 was 36.8. What does this mean? Gini Coefficient is a measure of statistical dispersion, often used to measure income or wealth inequality, i.e. the gap between the rich and the poor. Simply put, a country with a lower Gini Coefficient has more [...]
Posted in Article | Tagged Economy, Equality Trust, India, Law and Order, Not-for-profit, UK |
By Nihit on October 4, 2009
In an earlier article, we had spoken about the huge potential for person-to-person lending in India and how DhanaX is tapping into this potential. Rang De is another organization working in this field. While DhanaX is a social business entrepreneurship, Rang De is a not-for-profit organization: this translates into a direct reduction in the interest [...]
Posted in Article | Tagged Banking, Education, India, Microfinance, Not-for-profit, Person-to-person lending, Rang De, Rang De Education |
By Nihit on September 12, 2009
India has the second highest unbanked population in the world - approximately six hundred and seventy five million people. More than sixty five percent of the people do not have access to a formal banking system. Only fifteen percent of the demand for credit worth ninety billion dollar is met through formal channels.
Microfinance is addressing this problem. The basic idea is simple: give a very small [...]
Posted in Article | Tagged Banking, DhanaX, Grameen Bank, India, Microfinance, Person-to-person lending, Social Business Entrepreneurship |
By Nihit on September 1, 2009
Sankalp India Foundation, in association with Comprehensive Trauma Consortium (CTC), has launched “CTC Disha: The State Wide Helpline for Blood”. In Karnataka, anyone looking for blood in time of an emergency can call 94800 44444 for help.
CTC Disha for Bangalore, launched in September 2006, enables people to hunt for blood by calling 1062. This helpline [...]
Posted in News | Tagged Blood Donation, CTC Disha, Emergency, India, Not-for-profit, Sankalp India Foundation |
By Nihit on August 26, 2009
Ralph Weissleder, from Harvard Medical College, has developed magnetic nano particles that can identify tuberculosis-causing bacteria in sputum. This has made it possible to diagnose tuberculosis in half an hour.
The traditional method for diagnosis takes about two weeks, as the bacteria is first spotted in sputum under the microscope, and then the suspect samples are [...]
Posted in News | Tagged Harvard Medical College, Healthcare, Innovation, Science & Technology, Tuberculosis, USA |
By Nihit on August 10, 2009
The concept of the village, or ‘gram’ forms the core of India. Over seventy percent of her population is rural. There are more than half a million villages across the country, as opposed to five thousand or so urban settlements. And still many of us, such as me, have no direct experience of life in [...]
Posted in Article | Tagged Alternate Energy, Environment, Husk Power Systems, India, Innovation, Rice Husk, Science & Technology, Startup |
By Nihit on July 10, 2009
On my way back from Auroville, as I was walking to the Pondicherry beach, a middle-aged couple approached me. They introduced themselves as residents of a small town in Karnataka. I soon came to know from the man that he had recently fought with his brother and left their house in a huff with his [...]
Posted in Article | Tagged Fund Raiser, GiveIndia, India, Not-for-profit |
