Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 948 Sun. January 28, 2007  
   
Front Page


Prof Yunus to open Grameen Trust India in Mumbai


Nobel Peace Prize winner Professor Muhammad Yunus will inaugurate the first ever Grameen Trust India (GTI) in Mumbai on February 1.

The next Grameen Trust is likely to be inaugurated soon in Beijing, according to Grameen Trust officials here.

Grameen Trust India (GTI), which began operations on January 1 this year, is a liaison office supporting the micro-finance activities in India. Dr BN Kulkarni, former general manager of National Bank for Agriculture and Rural Development (Nabard) of India, heads GTI as its director.

A "Grameen International Conference on micro-credit in India" and a "Training Programme on Grameen Generalised System (GGS)" will also be held in Mumbai February 1-3.

Prof Yunus will inaugurate the conference being organised by Grameen Trust India (GTI).

The conference will highlight keynote addresses on present status and future prospect of micro-credit in India, challenges of reaching the poorest with micro-credit, regulatory and legal issues facing micro-finance development in India, and participation of commercial banks and other financial institutions in micro-finance development in India.

Micro-finance leaders in India are expected to present papers as authors, chair various sessions and participate as panelists in the conference.

Delegates from Grameen Trust partners and other micro-finance practitioners in India as well as policymakers and leaders of public and private sectors, business executives, social activists, members of the civil society, academics, diplomats and other dignitaries are expected to participate in the conference.

The "Training Programme on Grameen Generalised System" will focus on the latest innovations from the Nobel Prize winning organisation, Grameen Bank.

During his three-day stay in Mumbai, Prof Yunus will have a very busy schedule. He will meet the leaders of Bombay Chamber of Commerce and Industry (BCCI), have one-to-one meeting with the Governor of Reserve Bank of India (RBI) and the chairman of the National Bank for Agriculture and Rural Development (Nabard) and deliver lectures to the RBI and Nabard staffs.

On February 3, the founder of Grameen Bank will attend a meeting to be organised by the Federation of India Chambers of Commerce and Industry (FICCI) at Sophia Hall and address the students at Mumbai University on its campus.

On the same day, Prof Yunus will leave India for Bahrain.