Wednesday, December 9, 2009

10.12.09

Main Akela Hi Chala Tha Janebe Manjil Magar Log Milte Gaye aur Carvan Banta Gaya

at the height of the global economic crisis Amartya Sen had stressed, in a perceptive essay, the need for an economic system that is, as he put it, “more decent” and “based on social values that we can defend ethically.” The model of Social Business developed by Professor Muhammad Yunus suggests one possible option in that quest. Its practical relevance and mobilising potential is evident. Its potential needs to be fully explored.



Prof. Yunus has revolutionized the idea of micro credit and made it accessible to the poorest of the poor. His declaration that “Credit is a human right” is a powerful expression of what he believes in. He has brought about a paradigm shift in reaching out to the dispossessed and the disinherited. His work has especially touched poor women and empowered them.