Muhammad Yunus born 28 June is a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". The Norwegian Nobel Committee said that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development". YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus' vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs. In , he became Chancellor of Glasgow Caledonian University in Scotland, a position he held until
List of Government Schemes in India - BankExamsToday
The Grameen family of organizations has grown beyond Grameen Bank into a multi-faceted group of profitable and non-profit ventures, established by Muhammad Yunus , the Nobel Peace Prize winning founder of Grameen Bank. The Grameen Bank started to diversify in the late s when it started attending to unutilized or underutilized fishing ponds, as well as irrigation pumps like deep tubewells. The Grameen Bank is a microfinance organization and community development bank started in Bangladesh that makes small loans known as microcredit to the impoverished without requiring collateral. The system is based on the idea that the poor have skills that are underutilized. The bank also accepts deposits, provides other services, and runs several development-oriented businesses including fabric, telephone and energy companies. The organization and its founder, Muhammad Yunus , were jointly awarded the Nobel Peace Prize in Grameen Trust GT , a non-profit and non-government organization established in uses microcredit as a tool for fighting poverty and follows the Grameen Bank approach for the purpose.
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Creation of tertiary healthcare capacity in medical education, research and clinical care, in the underserved areas of the country. Telegram Channel — t. Thanks a lot for this great effort. This is the best thing on internet for such type of searches. Thanx a ton studydhaba!
Over 55 million of the rural poor are young, between the productive ages of 15 to If they are gainfully employed, they will fuel India's growth story. India's rural youth, can become a demographic advantage.