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Poverty and Financial exclusion are the greatest challenges facing an emerging economy like India. Many countries, including India, had implemented subsidised credit to irradicate poverty, which only increased the NPA (Non-Performing Assets). MFIs (Microfinance Institutions) were formed to bridge the gap between the formal financial sector and the financially excluded. Social commitment forms one of the basic characteristics of the MFIs, and now its scope is broadening to social performance. However, like any other organisation, to continue their operations in the long run, financial sustainability is a key determinant for MFIs. Thus, the double bottom line commitments imply balancing financial and social performance. Certain developments in recent years brought a fresh focus on the problem of regulation in the field of microfinance. In the present scenario, the Indian MFI sector is largely unregulated. In India, a variety of legal forms of MFIs are found like NBFC-MFIs (Non-Banking Fi
/PRNewswire/ The TramutoPorter Foundation announces National Compassionate Leadership Week. The National Day Calendar® has officially designated National.
something truly bipartisan, 40 democrats, 40 republicans on a 40 plus infrastructure program but it had new money. the new money i had proposed was coming from a fix of our international tax system which was, in fact, fixed in the tax reform bill. but what they did, they fixed the system as a way of creating incentives for money to come back to the united states. that generated revenues. they used those revenues in the tax reform plan to lower taxes. what i said we should do, pair that international tax reform with infrastructure and it was kind of a double bottom line because we end up with more infrastructure and we fix our international why hasn t that gotten more traction? because my republican colleagues want to just cut taxes. right now? so here is a way of thinking about it. you know how they cut the corporate tax rate to 21. yep. every 1% of corporate tax rate reduction is $100 billion. for decades the business community argued to lower the corporate tax rate to 25. t