Pratham – a leading NGO dedicated to child education and Barclay’s have come together to foster wealth creation in villages by grooming entrepreneurship among the rural youth.Pratham would identify poor rural youth with acumen for entrepreneurship and provide the much needed skills in various fields, while Barclay’s would help with the initial investments for their business.
Business Standard reports
The programme will focus on grooming entrepreneurs in farming, dairies, small-scale industries and the automobiles servicing sector, the release said.
A report on Times of India reads..
The project will initially be launched in the Satara, Sangli and Lonavla regions, where, according to the latest Indian census, over 20 per cent of the 10 million inhabitants live below the poverty line. These areas also have over one million unemployed youth.
It is a good sign that despite being in the middle of a recession of an unexpected scale the social sector is not completely left out in the cold and initiatives , at least by organizations with well known track record is supported. It would be interesting to find out the extent to which this partnership transforms the villages.
Curiously, Pratham’s website doesn’t carry any information about the entrepreneurship programme.