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New thinking: XLRI campus in Jamshedpur
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Thinking out of the big business box, XLRI, Jamshedpur, will host a global seminar on making money work for the poor.
Titled International Workshop on Inclusive Financial Innovation from March 1 to March 3, it will see innovators, thinkers and bankers brainstorm on how to let the needy gain from the fiscal gravy train.
Brainstorming on “making finance and insurance work for poor”, delegates will discuss a possible inclusive financial sector for those that management books call asset-poor households, including marginalised communities and micro entrepreneurs at the bottom of the pyramid.
Prominent speakers at the three-day meet include Tata Steel managing director H.M. Nerurkar, as well as a host of delegates.
They include Micro Insurance Academy chairman David Dror, Independent Commission for Peoples’ Rights and Development chairperson Nandini Azad, State Bank of India MD and group executive A. Krishna Kumar, Reserve Bank of India chief general manager Deepali Pant Joshi, Bombay Stock Exchange deputy CEO Ashish Chauhan, Nabard chief general manager Niraj Kumar Gupta, SIDBI chief general manager P.K. Saha, SEBI executive director Ananta Barua and Micro-Credit Ratings International Limited (M-CRIL) CEO Alok Misra.
Anticipating the intellectual challenge, senior mentor H.K. Pradhan said: “Financial inclusion is a major priority for India today to ensure inclusive growth to reduce poverty and social unrest. In today’s context, groundwork for financial inclusion is the key. We at XLRI are always at the forefront in helping shape long-term solutions for the nation’s economy.”
According to Pradhan, the meet will be a forum for ideas among researchers, policy-makers and field-level practitioners.
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