...The size of the prize in Indias hinterlands is on the rise. Rural India accounts for about 50 per cent of Indias GDP and nearly 70 per cent of the countrys population. Since 2000, per capita GDP has grown faster in rural areas than in its urban centres: 6.2 per cent CAGR versus 4.7 per cent. Rural incomes are growing and consumers are buying discretionary goods and lifestyle products, including mobile phones, television sets and two wheelers: between 2001 and 2009, spending in rural India was $69 billion, significantly higher than the $55 billion spent by the urban population. Companies that recognise this enormous opportunity are experimenting with various go-to-market models to garner their share of this growth. But the results have been mixed. To understand why and what to do about it Accenture conducted a major research study of more than 100 companies to discover how successful companies are responding to the opportunities and hurdles. An efficient sales and distribution model is the most critical factor to achieve profitable and sustainable growth in rural markets: nearly 60 percent of the survey respondents ranked it as the top imperative. Our research found that a hallmark of success in rural India is overcoming challenges in the three stages of the consumer lifecycle reaching, acquiring and retaining the rural customer. In terms of reaching the rural consumer, the biggest obstacles facing companies are inadequate distribution networks, partners with limited capabilities...
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...in bringing about an overall qualitative improvement in life by providing timely and quality information inputs for decision making. The personnel who work for the welfare of Indian farmers, such as extension workers, do not have access to latest information which hinders their ability to serve the farming community effectively. This paper focusses on the scope for e-powering people who live in rural India as well as those who work for their welfare. The latest developments in IT that facilitate effective IT penetration to rural India, changing pattern of information requirements & role of IT, type of systems required in the post-WTO environment, the bottlenecks in e-powering rural India along with possible solutions are examined. *** Information Technology and its Components Induction of IT as a strategic tool for agricultural development and welfare of rural India requires that the necessary IT infrastructure is in place. The rapid changes and downward trend in prices in various components of IT makes it feasible to target at a large scale IT penetration into rural India. Some of the broad factors to be noted with respect to various components of IT are listed below : 1. Input devices : Radical improvements are...
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...Question 1(a) “Cooperatives and other forms of organizations are established to serve the public”. In view of this statement, explain their notable similarities and differences. The International Labour Organisation defines cooperatives thus; A “Cooperative is an association of person usually of limited means, who have voluntarily joined together to achieve a common economic, end through the formation of a democratically controlled business organisation, make equitable contribution to the capital required and accepting a fair share of risks and benefits of the undertaking". Hubert Calvest (1972) defines the Cooperative as a form of organisation wherein persons voluntarily associates together as human beings on the basis of equality for the promotion of the economic and social interests of themselves." Cooperatives have unique characteristics which differentiate them from other forms of business organizations particularly partnerships and limited liability companies. The following are the characteristics of cooperatives. Voluntary association: Everybody having a common interest is free to join cooperative society. There is no restriction on the basis of caste, creed, religion, colour, etc. Anybody can also leave it at any time after giving due notice to the society. That is specialty of any cooperative society. There should be a minimum of 10 members to for cooperative society but there is no maximum limit for the membership. This characteristic is similar to other forms...
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...European Journal of Business and Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.8, 2012 www.iiste.org The Role of Entrepreneurship in Economic Development: The Nigerian Perspective Dr. Mrs Ann Ogbo AGU CHIDIEBERE NWACHUKWU Dept. Of management, University of Nigeria, Enugu Campus. PMB 011 *E mail of the correspondence author: annogbo@yahoo.com brightchidi@yahoo.com Abstract The aim of the paper is to develop and analyse the contributions of entrepreneurship in the economic development through SME development in Nigeria. A total of 100 SMEs were randomly selected from a cross section of a population of all SMEs spread around some states of Nigeria and covering virtually all forms of enterprise. Participants were selected through a simple random sampling. The responses to the questionnaires were complemented with personal interviews of some SMEs operators. The responses of the participants were analyzed using the statistical package for social sciences (SPSS), which generated the frequency distributions, means, standard deviations, chi-square statistics, analyses of variance, etc of the responses. The hypotheses of this research which were tested at 0.05 level of significance using chi-square statistics hinged on identifying the greatest problem which SMEs face in Nigeria, the identification and ranking of the top ten problems or challenges of SMEs in Nigeria and the relationship between the form and nature of the business enterprise and its sources of funding...
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...European Journal of Business and Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.8, 2012 www.iiste.org The Role of Entrepreneurship in Economic Development: The Nigerian Perspective Dr. Mrs Ann Ogbo AGU CHIDIEBERE NWACHUKWU Dept. Of management, University of Nigeria, Enugu Campus. PMB 011 *E mail of the correspondence author: annogbo@yahoo.com brightchidi@yahoo.com Abstract The aim of the paper is to develop and analyse the contributions of entrepreneurship in the economic development through SME development in Nigeria. A total of 100 SMEs were randomly selected from a cross section of a population of all SMEs spread around some states of Nigeria and covering virtually all forms of enterprise. Participants were selected through a simple random sampling. The responses to the questionnaires were complemented with personal interviews of some SMEs operators. The responses of the participants were analyzed using the statistical package for social sciences (SPSS), which generated the frequency distributions, means, standard deviations, chi-square statistics, analyses of variance, etc of the responses. The hypotheses of this research which were tested at 0.05 level of significance using chi-square statistics hinged on identifying the greatest problem which SMEs face in Nigeria, the identification and ranking of the top ten problems or challenges of SMEs in Nigeria and the relationship between the form and nature of the business enterprise and its sources of...
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...PUNJAB LOCAL GOVERNMENT BILL 2012 (A CRITICAL ANALYSIS) By: Amjad Nazeer RURAL DEVELOPMENT POLICY INSTITUTE (RDPI) & PRACTICAL ACTION (August 2012) Islamabad PUNJAB LOCAL GOVERNMENT BILL 2012 (A CRITICAL ANALYSIS) Theoretical Context: Believed to be an integral part of democratic system of governance, it is the third tier of local governance that is highly argued about and advocated in contemporary times. Closer to the people and representatives of their essential needs and aspirations, it holds tremendous potential for civic comfort, environmental peace, social justice and economic development. One can hardly find any progressive or progressing state in the world that is either not evolving or thriving with an efficient and autonomous system of devolved governance. Not interchangeable though, notions like deconcentration, devolution and delegation hinge around the modalities and practices of decentralization. Richard Bird (1994) defines decentralization as “the degree of independent decision making exercised at the local level.” In theory decentralization is sometimes classified into three forms of governance i.e. delegation, deconcentration and devolution (Cheema and Rodinelli 1983). If the dispensation of services is removed from the centre and delivered through representatives of the central government, this is termed as ‘deconcentration’ (Smith 1967), while ‘delegation’ stands for a case, where local government functions as an agent of the federal...
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...HERQA HICES HIV ICT IHDP IMF M&E MDG MFI MOFED MSE NEC NEPS NES NGO PASDEP PSNP TVET UEAP Acquired Immunity Deficiency Syndrome Anti-retroviral Therapy Confederation of Ethiopian Trade Unions Central Statistical Agency Ethiopian Employers’ Federation Ethiopian People’s Revolutionary Democratic Front Economic Reform Program Foreign Direct Investment Gross Domestic Product Higher Education Relevance and Quality Agency Household Income and Consumption Expenditure Survey Human Immunodeficiency Virus Information and Communication Technology Integrated Housing Development Program International Monetary Fund Monitoring and Evaluation Millennium Development Goals Micro-finance Institutions Ministry of Finance and Economic Development Micro and Small Enterprises National Employment Council National Employment Policy and Strategy National Employment Secretariat Non-governmental Organization Plan for Accelerated and Sustainable Development to End Poverty Productive Safety Net Program Technical and Vocational Education and Training Universal Electricity Access Program iii Table of Contents Foreword ............................................................................................................................ iv PART ONE Background ....................................................................................................................... 1 1.1 General introduction ……………………………………………………………. 1 1.2 Population, its Profile and Dynamics................................
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...assessment of the Lift Above Poverty Organisation (LAPO) Chapter 1 1.0 Introduction Non-governmental organisations (NGOs) are powerful agents of change and development (Ukpong, 1993 p 52). While there are no clear definitions of NGOs, the commonly held view is that they are non-governmental, non-profit making and self-governing with a purpose to ameliorate the plight of people in dire needs of life sustaining facilities in the society. NGOs are private organisations characterized primarily by humanitarian or corporative rather than commercial objectives that pursue activities to relieve the suffering of the poor; they promote the interest of the poor in developing countries (Werker & Ahmed, 2007 p3). In other word, NGOs have emerged for the purpose of providing social services or giving assistance to the marginalized, deprived and disadvantageous people in society that could hardly provide for themselves (Inhabekhai, 2002 p 150). NGOs on a global level engage in the provision of education, wealth, social welfare and other support to a large number of people. They have helped in the assistance millions of people in abject poverty and in dire condition. One of such grand projects embark upon by a conglomerate of popular NGOs in the world is the millennium development goals. The aim of the millennium development goals includes halving extreme poverty to stopping the spread of HIV/AIDs virus and providing general primary education, all by the target date of 2015 (UN ORG...
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...foreclose on land in case of default. Compounding this lack of traditional collateral is the presence of a high degree of covariate risk, in particular market price risk and weather risk. Banks lending to agricultural clients know that agricultural and rural revenues easily drop below break-even levels due to extreme weather events and price falls, which result in defaults and higher loan loss provisions, thereby making lending to agribusiness unprofitable. The second major constraint in agricultural lending, high transaction and supervisory costs, is due to the particular risk, nature, and characteristics of the rural sector. In all financial markets, there is a trade-of between minimizing loan default and supervisory costs, but the nature of agricultural lending, especially through microfinance institutions, makes transaction costs and supervision costs disproportionately high relative to its urban counterpart. The small size of seasonal agricultural credit results in high due diligence costs per loan. The large geographical spread of customers, coupled with poor transportation and communication infrastructure, increase supervisory costs for financial institutions and compliance costs for customers. In addition, banks in rural areas find it difficult to attract qualified and trained loan officers. High levels of risk and transaction and supervisory costs...
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...Final Draft PERSPECTIVE PLAN OF BANGLADESH 2010-2021 ____________________________ MAKING VISION 2021 A REALITY General Economics Division Planning Commission Government of the People’s Republic of Bangladesh April 2012 Contents ABBREVIATIONS ...............................................................................................................................v PREAMBLE of the Perspective Plan (2010-2021) ............................................................................ 1 I. ............................................................................................................... Context of the Perspective Plan .................................................................................................................................................................. 1 II. .......................................................................................... Current state and Development Perspective .................................................................................................................................................................. 1 EXECUTIVE SUMMARY .................................................................................................................... 2 CHAPTER 1: VISION FOR A PROSPEROUS FUTURE........................................................................ 10 1.1 The Vision ..........................................................................................................
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...alternatives to be considered when developing international information systems? 10 References. 13 Section A. Executive Summary This document aims to explain the system design and hardware blueprint of the XO-4 laptop. While the capabilities of the XO-4 are similar to a regular laptop, it was designed for elementary school children. The primary goal of the hardware design is low-power operation, and for extensive use in developing countries or rural areas where access to classrooms are not always available. 1. What are the capabilities of the XO laptop (especially the latest version, XO-4)? How well-suited is this machine for developing countries? According to wiki.laptop, (2013) the XO-4 are different to other laptops as all components except the keyboard and touchpad are located behind the LCD panel and is called the Core Module. Furthermore the keyboard encoder, touch pad module, keyboard matrix, and battery are combined in a separate Input Module that is connected to the core module by means of two cables in the laptop hinge (wiki.laptop, 2013). The core processing system used in XO-4 is the Marvell PXA2128, which integrates multiple ARM processor...
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...CHAPTER TWO THEORETICAL OVERVIEW OF WOMEN DEVELOPMENT 2.1. Introduction The previous chapter (Chapter 1) gave the problem and background of this research. Chapter two will begin by reviewing available literature on studies done on the topic. This chapter will provide a substantially better insight into the dimensions and complexity of the problem and how others have contributed to the topic. A variety of sources will be used to review literature, including research reports, dissertations, government publications and theses; accessed through journals, textbooks and internet. The chapter will end by giving an overview of approaches that paves the way for a clearer understanding of the research problem and identifies the knowledge gap this study seeks to fill. Women in Development (WID), Women and Development (WAD) and Gender and Development (GAD) approach will be discussed in relation to women access to land in Zimbabwe. 2.2. Customary law and land question For many people, customary law is the most important law in their lives, controlling areas of their lives like their marriages, their property, and their right to inherit. Due to customary law in Zimbabwe like in many other African countries with patriarchal systems, women can only access land through marriage or other male relatives. According to Ghosh (2010) customary law refers to African traditions which have become an intrinsic part of the accepted and expected conduct in Zimbabwean black communities. This law defines...
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...European Union Nigerian Energy Support Programme (NESP) The Nigerian Energy Sector An Overview with a Special Emphasis on Renewable Energy, Energy Efficiency and Rural Electrification 2nd Edition, June 2015 Implemented by 2 Acknowledgements This report on the Nigerian energy sector was compiled as part of the Nigerian Energy Support Programme (NESP). NESP is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ). The authors would like to thank the GIZ Nigeria team for having entrusted this highly relevant subject to GOPA- International Energy Consultants GmbH, and for their extensive and dedicated inputs and guidance provided during implementation. The authors express their gratitude to all project partners who provided particularly valuable and interesting insights into ongoing activities during the course of the project. It was a real pleasure and a great help to exchange ideas and learn from highly experienced management and staff and committed representatives of this programme. How to Read Citations Bibliography is cited by [Author; Year]. Where no author could be identified, we used the name of the institution. The Bibliography is listed in Chapter 10. Websites (internet links) are cited with a consecutive numbering system [1], [2], etc. The Websites are listed in Chapter 11. 3 Imprint Published by: Deutsche Gesellschaft...
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...Introduction This paper will examine the role of information in commerce. It will try as much as possible to bring out its relevance and indicate that making Information effective in this sector requires the understanding of various information strategies that transcends micro-nationalism to enhance personal or national development. It will also highlight information needs and information seeking strategies in the sector. Main Body In the broadest sense, information is anything that you are capable of perceiving. This can include written communications, spoken communications, photographs, art, and music, nearly anything that is perceivable. Aboyade (1981:6) asserts that "information is a necessary resource for the development of all other resources." Olabisi (2001:2) points out that reliable information is the cornerstone for building the awareness, expertise, and practical strategies necessary to improve the world. In the opinion of Ariyo (1991:18), information reduces the degree of uncertainty in the operating environment of an organization. Information can also be described as materials that have been stored in one manner or another that can educate you to a better understanding of the world of business. Information, then, is “the collection, storage, processing, and dissemination of news, pictures, facts and messages, opinions and comments required in order to understand and react knowledgeably to personal, environmental, national and international conditions, as well as...
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...Change, Women and Children Welfare, Social Safety Net Programmes, Employment Generation, Rural Development, Population Census, Industry and Trade, Public Welfare and Good Governance, Immigration and Skill Development, Optimum Utilisation of Public Money 4-15 Macro-economy and the Global Perspective Growth, External Sector, Export, Import, Remittance, Current Account Balance, Foreign Exchange Reserve, Exchange Rate, Monetary Sector, Inflation, Economic Strategy 15-22 Revised Budget for FY2010-11 Revenue Situation, Revenue Mobilisation, ADP Utilisation, Total expenditure, Budget Deficit 23-25 Chapter II Some Key Sectors Power and Energy: Integrated Development i 25-98 26-31 Issues Program Power: Electricity Production Plan, Power Transmission and Distribution Line, Renewable Energy, Power Savings Energy: Use of Alternative Energy Sources, Gas Production, Exploration of Oil and Gas Page 26-29 29-31 31-47 Agriculture and Rural Development Agriculture: Agriculture Subsidy, Seeds, Hybrid Paddy and Small Irrigation, Fair Price for Agricultural Produces, Soil Fertility, Agricultural Credit, Agro-Insurance, Agricultural Research, Agriculture Policy Fisheries and Livestock: Protecting Jatka and Environment Friendly Shrimp Culture, Preserving the Endangered Local Fish Varieties, Livestock Development, Production and Distribution of Vaccine Water Resources: Development of Water...
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