Apart
from its efforts to ensure
basic financial inclusion
for all, ICICI Group has taken
several steps to secure the
future of the poor and link
them to markets.
It has built a partnership
with Private Equity funds
such as the Network Enterprise
Fund ( www.thenetworkenterprisesfund.in/)
to create a series of specialised
Network Enterprises (NEs)
which will not only provide
specialised capabilities to
the poor but also link them
to greater market opportunities
in their respective fields.
Interventions are proposed
in craft, food, consumer products,
water, energy, education,
health, skills development,
rural tourism, financial services
and waste recycling.
Considerable work has already
been done by organisations
like Sandhi ( www.sandhi.in)
an NE, focused on crafts and
Earthy goods ( www.earthygoods.co.in),
an NE focused on processed
foods. Similarly, STRIVE,
the Skills Network Enterprise,
aims to make at least one
member of every household
employable by matching the
available human resources
to the appropriate skills
sets required by prospective
employers. Spark Accreditation
is India's first universally
available school accreditation
service which seeks to add
value to good schools, enables
parents to make informed choices
and allows governments to
gauge the effectiveness of
their education programmes.
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