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Page 1: Microfinance and BOP in India - icc.fla.sophia.ac.jpicc.fla.sophia.ac.jp/html/events/2013-2014/130909_Rai.pdf · Microfinance and BOP in India: The Importance for Indian Inclusive

Sophia University Inst itute of Comparat ive Culture Lecture Series 2013 in cooperation with the Sasakawa Peace Foundation and the NPO “DSIA (Durable Social Innovation Alliance)”

Microfinance and BOP in India: The Importance for Indian Inclusive Development and Internship Opportunities for

Japanese Students

Mr. Prem Das Rai Member of Parliament in the 15th Lok Sabha (elected directly by people)

Lower House of Indian Parliament (representing Sikkim State)

Time: 13:30 ~ 15:00 Date: September 9 (Mon.), 2013

Place: Rm. 202 in Bldg. No. 12 For those who are interested in attending the presentation, please send your name, aff iliation and

status to [email protected] Free of Charge

Mr. Rai is st ill associated closely with the 10th world largest microfinance, BASIX. Different from other

microfinances which mainly focus on financial operat ions, it provides diverse assistances which

comprehensively hedge risks for the poor, so that they can part icipate into viable economic act ivit ies.

BASIX’s goal is to realize sustainable livelihood for the poor and inclusive development in India.

Every year a large number of unskilled workers enter the labor market, and

unfortunately a large port ion of them remain unemployed. The rural area which

absorbs the unemployed also remains highly inefficient. These are some of major

causes of poverty in India. As efforts to solve these problems, BASIX engages in

training, BOP projects, and venture creat ions, and offers long-term opportunit ies for

the poor to engage in economic act ivit ies. Mr. Rai, being a parliamentarian directly

elected by people (Lok Sabha), representing Sikkim State, is act ively engaging in

creat ing a favorable polit ical environment for inclusive development as well as the

environmental preservat ion of Himalaya Mountain Region.

Mr. Rai was educated at IIT Kanpur (Bachelor of Technology in Chemical Engineering)

and at IIM Ahmedabad (MBA). He held following posit ions: Senior Executive at Bank of

America (Kolkata), Managing Director of Sikkim Milk Union, Chairman of Sikkim Industrial

Development and Investment Corporat ion (SIDICO), Chairman of Sikkim Scheduled Tribes

and All Other Backward Classes Financial Development Corporat ion (SABCO), Founding

Chairman of the Ecotourism and Conservat ion Society of Sikkim (ECOSS), and CEO

(north-east) of BASIX.

For more information on the talk, please contact Yoshitaka Okada, Professor, Faculty of Liberal Arts, Sophia University.

Tel. 03-3238-4068, E-mail: [email protected]

Sophia University Institute of Comparative Culture: 7-1 Kioicho, Chiyoda-ku, Tokyo 102-8554 http://icc.fla.sophia.ac.jp/