Tuesday, May 23, 2017

The way forward-4?

I came to know of Achyuta  Samanta through a post of Vadrevu Ch. Veerabhadrudu. From a quick browse: At some stage, he became an entrepreneur with a sum of 5000 rupees and started an industrial training institute now known as KIIT. This seems to be for profit institute and there seem to be even investors. But soon after, instead of using the profits for himself, he started a free school for 125 tribal children which now caters about 25, 000 children; this is KISS. There seem to be some subsidies from the government and philonthropphists. But it seems to be mostly the effort of one person. The story also reminded me of Dr. Subbaraju who passed away recently. Is this replicable? Perhaps it depends on the local conditions where you can start some thing which makes a bit of profit so that the profits can be used to help the more underprivileged. Or variations of the model might work. Another takeaway for me, it is kind of integrated local development though attuned to the market. Perhaps some sort of local self sufficiency as well as awareness of the market needs seem at work . More about him herehere  here and here.

No comments: