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OUTSIDE
FOCUS NEWS
- The
Week may 17 2009
Road
to recovery : As the worst seems to be over, the economy
is set to rebound
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Journal of International Affairs
December 24, 2008:
Management Guru Discusses 'Creative Capitalism'
C.K. Prahalad is a management thinker and author of the
best-selling The Fortune at the Bottom of the Pyramid: I
am very interested in opportunities that incorporate the
poor at the bottom of the pyramid into the global supply
chain, not just at the local level. For example, I am
writing a case study of an Indian company called Jaipur
Rugs. They receive wool from as far away as Australia,
New Zealand, China and Argentina. It is then blended
with wool from Rajasthan in India. 40,000 women in rural
India create classical and contemporary handmade carpets
that are then sold in the United States. This is the
ultimate global supply chain, where the poor are woven
into the supply chain. This is the democratization of
commerce.
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Gulf Weekly
19th August, 2008:
Potential at bottom of pyramid
According to Deutsche Bank, the volume of micro-finance
loans hit $25 billion in 2007, up from $4 billion in
2001, with another $250 billion still needed. The bank
expects private investors, drawn by the sector's social
mission, stable returns, low default rates and potential
as a diversification play, will be pouring $20 billion
into micro-finance institutions in 2015 - ten times more
than they did in 2006. "India has a vast experience in
the area of micro-financing, which has contributed to
the development of families belonging to low income
groups," Bahrain's Minister for Social Development
Fatima Al Balooshi says.
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Financial Express
4th August, 2008:
Global Compact delists 39
Indian firms for integrity reporting failure
The United Nations Global Compact office has desisted
630 companies, including 39 Indian companies, as part of
its Integrity Measures for failing to communicate
progress in following its principles on social and
environmental responsibility
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The Times of India
25th July, 2008:
Teach India: Out of work & into class
Not too long ago, this village had child workers, even
bonded child labour, and the enrollment in schools
rarely went beyond 60%. Now Proddatur, in Ranga Reddy
district's Sankarpally mandal (35 km from Hyderabad),
boasts 100% enrollment.
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The Hindu
16th July, 2008:
Export councils should vouch for child labour-free
status, says panel
In a communication to the Union Textile Minister and the
Chief Secretaries of the States, Commission chairperson
Shanta Sinha said: “Children are being employed by many
informal and household sectors. Newer forms of child
labour are being discovered everyday by media and social
activists. Many children are recruited as bonded
labour.”
IN- HOUSE FOCUS
NEWS
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June, 2008: JRF in Japanese :-
With respect to the increasing
number of viewers, JRF website is now available in
Japanese.
www.jaipurrugs.org/jp
-
30th April, 2008: JRF Scores on Google Page Rank :-
Google is now running its latest
Page Rank update. JRF’s website
http://www.jaipurrugs.org
has moved from a page rank of 0 to a page rank of 3 and
other websites that we manage have also witnessed their
page rank increase this morning. As noticed in the past,
the update usually takes a couple of days to settle, so
do not get too ecstatic because the Page Rank scores
might still change.
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21st April, 2008: Working for women empowerment and
eradicating social injustices :-
In its lieu of encouraging weavers to live a better life
through stable employment, Jaipur Rugs Foundation
discovered that women in many villages were willfully
adopting carpet weaving as an occupation. Many of these
have been abused, harassed at some point of time,
starved and exploited due to umpteen reasons. By
encouraging and regular counseling, these women have
been able to see a ray of hope
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1st March, 2008: New website launched :-
Trustee of Jaipur Rugs Foundation
and Chairman of Jaipur Rugs Company Pvt. Ltd & Jaipur
Rugs Inc., Mr. Nand Kishore Chaudhary has a website
dedicated to his enthralling 30 years of experience in
the industry. The website covers his professional and
personal fronts. For more details about the founder,
visit
www.nkchaudhary.com
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