Poverty alleviation is a need of the 21st century. Time and again SELCO has reiterated the need for energy access to alleviate people from poverty. For this, conducive eco-system has to be provided and filling the gap is vital.
The Economic Pyramid – As we see it
The economic pyramid as defined today is too simplistic. It is interesting that all types of ‘poor’ segments are clubbed into one – thus creating a homogeneous segment. Thus many of the models that target the “bottom of the pyramid” do assume one size fits all methodology and completely disregard the numerous segments in that category. This does not work effectively as the bottom part can be divided into many parts depending on income streams, geography, nature of work, culture etc.(more…)