Making markets work for the poor: the small investors' fund
By: Burra, Sundar.
Contributor(s): Mahadevan, Devika.
Material type:
ArticlePublisher: 2005Description: p.3245-249.Subject(s): Financial markets
In:
Economic and Political WeeklySummary: A small investors' fund, which offered an opportunity for many poor slum- and pavement-dwellers in Mumbai to invest money, was an outcome of tremendous effort put in by an alliance of social organisations. But, unfortunately, after successful growth over five years, the scheme, run in collaboration with the UTI, was forced to close because of various reasons. Such schemes, with suitable modifications, need to be revived as they meet the needs of the poor. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 40, Issue no: 30 | Available | AR66864 |
A small investors' fund, which offered an opportunity for many poor slum- and pavement-dwellers in Mumbai to invest money, was an outcome of tremendous effort put in by an alliance of social organisations. But, unfortunately, after successful growth over five years, the scheme, run in collaboration with the UTI, was forced to close because of various reasons. Such schemes, with suitable modifications, need to be revived as they meet the needs of the poor. - Reproduced.
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