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TC-I Tidbits

Your daily dose of headlines:

Health: The governments of India and Bhutan are looking to build a high quality health corridor in the Assam and Bhutan regions.

Government: The Ministry of Urban Development has launched an e-Gazzete to better inform the public.

The Power of Microfinance: A powerful feature on one 24 year old woman’s rise from poverty to a self-sufficient mother of three –

Three years ago, Jayanthi (24), a young widow, was a pavement dweller. With no roof and a meagre income from her part-time job as a domestic help, Chennai-based Jayanthi could barely provide a proper meal to her three children.

Today, Jayanthi brings home Rs 250 every evening. No longer a maid, she drives her own auto-rickshaw, bought with the help of an interest-free loan. Over the last two-and-a-half-years, she has regularly paid her monthly loan installment of Rs 100… in addition to her children’s fees. All three of them now go to school.


Vinay Ganti

Vinay is in his fourth year of a four year JD/MBA program at the New York University School of Law and the Leonard B. Stern School of Business in New York City. Prior to coming to New York, Vinay graduated from Brown University, worked in technology transfer as a consultant and also founded a financial literacy program for underprivileged youth. Currently, Vinay is an InSITE Fellow for Venture Capital and Innovation. His primary interests are in the social venture capital investing space and its role in transforming micro-businesses into globally competitive SMEs. After school, Vinay wants to create novel ways to provide clean energy & water to the world’s poor.