Financial Succor to Nomadic Tribes

The Government of Maharashtra takes special efforts to extend support to the financially deprived classes of the society. The simple logic is, that the desire for prosperity has no regard to castes and social class and that anybody who nurtures the spirit of entrepreneurship deserves to be encouraged to start their own business. The Government has therefore established several organizations and designed financial schemes to reach aid to aspiring businessmen from these strata.

Vasantrao Naik Vimukt Jaati va Bhatkya Jamaati Mahamandal Maryadit is an organization that works for the benefit of nomadic tribes. The sole intention is to help the members of this class have permanent homes and economic stability. It aims to put a stop to their nomadic lifestyle by helping them generate self employment so that they have a stable means of livelihood, their children can go to school and the family can prosper.

The Mahamandal was established in 1984 and operates from Mumbai. It has local offices in all the districts in Maharashtra.  Under its first scheme, it extends seed capital up to Rs. 5 lacs with 75% being loan by the bank and 25% by the Mahamandal. The Mahamandal charges 4% annual interest rate.

Some of the important points are:

  • The beneficiary must repay the loan in five years.
  • Under another scheme the Mahamandal gives Rs. 25000 loan at 2% interest.
  • The beneficiary also gets technical training and guidance in the business he or she wants to starts.
  • The candidate must be a resident of Maharashtra and between 18 to 45 years of age.
  • The annual income must not exceed Rs. 54494/- if he or she lives in the urban area and Rs. 39308/- if from rural area.
  • Beneficiary must not have taken any other loan.
  • Only one person from a family can avail of this scheme.
  • The beneficiary must submit proof of caste and income, a statement of details of business, Ration Card, Photographs, certificate of technical qualification if any and other documents.
  • Beneficiary must utilize the money for the purpose mentioned in application

Author: Anil Pathak

The author is a Senior Mentor at deAsra Foundation. deAsra Foundation is a Section 25 company, a not for profit association formed to contribute to social welfare by enabling entrepreneurship, which will create employment opportunities.

This article was originally written in the Marathi Magazine- Yashaswi Udyojak (January 2016). This post is the translated abridged version of the same article

 

The best service at the right price!

Consistent success relies on consistency in the quality of service. It’s not desirous but rather essential for a long haul in business. As mentioned earlier, it is to do with integrity and common sense which applies in personal life and extends to professional life. Just as one would expect another person to keep their word and be sincere in their actions, so would the customer expect a business to give good quality service and be courteous and thoughtful about the customer’s needs. Once this is understood perfectly, it becomes the ethos of business and stands in good stead forever through its future journey.

Quality is important not in one or some of the business practices but in every product, service and interaction with the customer. A shortfall or lacuna in even one could prove detrimental to the image of the business. Just as a school student’s exam score comes down because of bad performance in even one subject, so can a company’s business get affected because of negligence on any front.

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Image Courtesy: Google Images

Remember, past glory never helps in erasing the flaw that shows at any given point in time. Even if a student scores well in 5th, 6th and 7th grade, if she fails in the 8th, her past years’ performance does not help her. Another example is that of a driver. Even if you are a very cautious and skilled driver, one single mistake can cause an accident and cost you heavily. Your previous record cannot negate the damage done.

Very often consumers do not mind spending a little more just because they are getting superior service. Nowadays people don’t just look at the product they buy but also the demeanor of the salesman, the welcome they get at the door, how quickly their billing gets done, how the item is packed and many other things. It is the overall experience that lingers long in the mind of the customer.

In today’s cut throat competition, the customer has several options to choose from which is why businesses vie to give them the best service. Companies who procure products from suppliers base their decisions on timely delivery, quality of the product, after sales maintenance, turnaround time if changes are asked for and many other factors.

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Image Courtesy: Google Images

Customers don’t just look at the product they buy at the mall but even the delay in billing as they stand in a long queue can make them stop patronizing the mall and go to another shop instead!

Quality in service builds with time as customers experience the service. A new business must therefore enter the market with ‘lower than competitor’s’ prices. This will first attract customers. Later as they also experience the interaction, courtesy and quality of service, the brand gets a well-deserved lift. Reasonable prices and the best service therefore become a sure shot gateway to successful business.

Author: S.R. Joshi

The author is the Director at deAsra Foundation. deAsra Foundation is a Section 25 company, a not for profit association formed to contribute to social welfare by enabling entrepreneurship, which will create employment opportunities.

This article was originally written in the Marathi Magazine- Yashaswi Udyojak (January 2016). This post is the translated abridged version of the same article