Executive Director - Shri Kshethra Dharmasthala Rural Development Project
Eminent speaker Dr L.H. Manjunath (Shrikshetra Dharmasthala Rural Development Project, Dharmasthala) informed that his organisation raises spiritual capital, financial capital and technological capital for the 2.5 lakh self-help groups and 16,000 federations under its wing. The organisation uses the savings as a tool to borrow money and has been able to raise Rs 3,000 crore from banks. The beneficiaries pay 18% interest with the money spent to access efficient services, health insurance and so on.
Scalability and Impact:
Cross-subsidization is done for welfare activities such as a de-addiction programme for 15,000 hardcore addicts per year, education, infrastructure, clean drinking water etc, he said
Awards and Recognition: