The goal of this article is to inspect the current status, problems and, prospects of
urban microfinance in Bangladesh. This article employs the descriptive research methods based
on secondary data. This paper Illustrates the present scenario of urban microfinance by using
tables, graphs and the trend analysis. This paper finds that the urban microfinance in
Bangladesh has been growing tremendously during the last decades. During the 2006-2017
period, the number of members within the urban microfinance program has increased by
110.69%. Besides the amount of loan amount disbursed in the urban microfinance program has
increased by 110.54 % during the last four years (2014-2017). Also, the rate of increases of the
total net savings of the urban microfinance members (373.33%) was higher than the rate of
increases of the total net savings of the rural microfinance members (152.36%) during the 2009-
2017 period. The loan Interest rate varies in between 15% and 30%. With regards to recovering
the loan amount, 95% of the microfinance institutions (MFIs) apply the flat interest rate while the
remaining 5% of the MFIs use the declining method.
Islamic Microfinance and Rehabilitation Model for the Slum and Floating Popul...Basharat Hossain
This paper designs a conceptual model of Islamic microfinance and reha-bilitation by using the waqf funds for the slum and floating population. It analyzes both the primary and the secondary data on the current status of Islamic microfinance cover-age (in thirteen countries), waqf estates (in seven countries), and the slum and floating population in thirty five Muslim countries of the world. The primary data was accumu-lated on 150 microfinance borrowers and 100 non-borrowers of Bangladesh. This pa-per presents a multifunctional structure of an autonomous waqf management institution to execute the model of this paper. This institution will be formed by the joint venture of the government, the national, as well as international Islamic agencies. Furthermore, this model will be implemented through five stages, the revival and registration of the waqf estate, accumulation of funds, initiating the Islamic microfinance and rehabilita-tion for the slum population, and finally, forward linkage that may help the slum people to contribute to the society
Keywords: Waqf, Islamic Microfinance, Rehabilitation, Slum population, Muslim countries.
JEL Classification: G21, O21, Z12 KAUJIE Classification: E23, H15, S4
11.mollifying poverty through microfinance indian perspectiveAlexander Decker
This document summarizes the impact of microfinance programs in India. It discusses how microfinance has expanded access to credit and savings for rural and female populations, allowing entrepreneurship and diversification of livelihoods. Access to microcredit has increased across wealth categories but most significantly for very poor groups. Loans are primarily used for productive investments rather than consumption. Microfinance also contributes to improved education levels, asset acquisition, and multiple sources of household income. While more can still be done, microfinance is an effective strategy for extending financial services to disadvantaged groups and reducing poverty in India.
A Study for Developing a Microfinance Product in Indiaijtsrd
Microfinance is a sort of banking services given to people1 with low income, who generally would have no different access to financial services. The objective of Microfinance is to eventually offer the individuals the chance of being financially free. Numerous individuals look to family, companions, or even credit sharks for assistance. Microfinance enables people to assume financial services securely, and in a way that is reliable with moral lending practices. The researcher after analyzing the research papers, have found that the Microfinance has a long way to go. Microfinance plays a key role in the lives of the individual with low income by giving him access to the capital. India is a developing country and still it faces the problem of poverty and Microfinance can help India curb Poverty2 issues. This topic has been chosen by the researcher to study various aspects of Microfinance within the Indian boundaries like, how it can provide sustainable solutions to people with lower income, how it can encourage savings and investments within the community and how it can offer economic gains even after the income levels remain same. The research design included conducting interviews, carrying out survey about Microfinance and its products, and using the secondary sources to meet the objectives of the research. Grounded Theory Analysis has been used by the researcher to analyze the data. The research may provide the readers, insights on what more is needed to spread the impact of Microfinance. The research will investigate the benefits of collaborating Microfinance with Stock Market and Health Insurance. The research proposes three financial products, which can attract the poor and thus satisfy the ultimate objective of Financial Inclusion. Cost of providing the services remains bottleneck of most of the Microfinance Enterprises. This study only deals with the necessary aspects3 of services and products required to help people raise their standard of living. Further there is a scope to carry out research on risks associated with Microfinance enterprises and its products and finding out ways to curb those risks. Tejas Sanjay Lad | Prof. Pallavi Rahul Gedamkar "A Study for Developing a Microfinance Product in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28063.pdf Paper URL: https://www.ijtsrd.com/management/equality-diversity-and-inclusion/28063/a-study-for-developing-a-microfinance-product-in-india/tejas-sanjay-lad
Prioritize the enablers of urbanization in indiaGirish Singh
The document discusses the key enablers of urbanization in India. It analyzes data from a survey of 65 respondents who migrated to urban areas in India within the last 15 years. The survey asked respondents to rank factors influencing their decision to migrate. The statistical analysis found that employment was ranked as the most important enabler, with 38% of respondents selecting it as their top preference. Higher education was the second most influential factor, receiving 71% of preferences as the second most important reason for migration. Other factors like industrialization, modernization, and healthcare access received lower rankings. The study concludes that while multiple factors enable urbanization, employment opportunities should be the main focus of government policies seeking to manage migration patterns.
Achieving sustainable cities in Saudi Arabia-Juggling the competing urbanizat...Ismaila Rimi Abubakar
This chapter highlights the challenges of rapid urbanization in Saudi Arabia and its implications for urban sustainability. It first reviews trends in global and Saudi Arabian urbanization and factors driving rapid urban growth. Major urbanization challenges for Saudi Arabia are then analyzed, including urban sprawl, high energy consumption, inadequate infrastructure and services, and environmental issues. Finally, the chapter assesses sustainability initiatives by the Saudi government to address these competing challenges, such as urban greening, tourism development, and knowledge cities, though notes they are still early in implementation.
Influence of budgetary allocation on performance of youth group project in th...oircjournals
The need to empower youth for a better tomorrow is connected both, to the financial elevation as well as increment of the standard of living. Therefore, the study sought to establish the influence of budgetary allocation on performance of youth group project in the county government of Uasin Gishu. The study was guided by budget theory. The study employed the use of survey design in order to accomplish the research objectives. The accessible population for the study was 375 representatives of different youth groups and 65 officials of devolved fund initiative in Uasin Gishu County. Sample size was computed using the Fishers formula. Proportionate sampling was applied to select respondents. The researcher employed the use of questionnaire and interview schedule to collect data from participants. This study used descriptive statistics and inferential statistics. Descriptive statistics were done using frequency percentages, means and standard deviation of each variable. The coefficient of variation were used where data were skewed. Correlation and regression were used to show the relationship between the dependent variable and the whole group of independent variables. The results of the study were presented using Tables and figures. The study found that budgetary allocation has a positive and a significant influence on performance of youth group project in the county government of Uasin Gishu (β1=0.154, p<0.05). The study concluded that the amount disbursed to youths is equally distributed and done in time. Funds disbursements are based on projects types and the youth can compete competitively by accessing enough amount of money to finance their businesses. The study recommends that the training programs on entrepreneurship should be enhanced and be made compulsory before the group is funded. This will ensure that the youth will be able to make the right decision on investments as well as on proper accounting of their financial resources.
Presentation GREF Seminar: Human capital dynamics in China: Evidence from a c...OctasianoValerio1
Presentation at Research Seminar for The ESADE Group for Research in Economics and Finance by Dr. Octasiano M. Valerio Mendoza. This dissemination activity was funded by the European Union’s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agreement No 838534. https://chinequaljustice.iqs.edu/
The document discusses future cities in India and focuses on three cities - Trivandrum, Kochi, and Kozhikode in Kerala. It provides background information and highlights on each city, noting their population sizes, number of education institutions, areas, and strengths that make them ideal for business growth in various sectors like education, research, tourism, IT, and more. It also discusses institutional innovations needed for urban governance and monitoring progress of strategic urban development plans through qualitative and quantitative metrics.
Islamic Microfinance and Rehabilitation Model for the Slum and Floating Popul...Basharat Hossain
This paper designs a conceptual model of Islamic microfinance and reha-bilitation by using the waqf funds for the slum and floating population. It analyzes both the primary and the secondary data on the current status of Islamic microfinance cover-age (in thirteen countries), waqf estates (in seven countries), and the slum and floating population in thirty five Muslim countries of the world. The primary data was accumu-lated on 150 microfinance borrowers and 100 non-borrowers of Bangladesh. This pa-per presents a multifunctional structure of an autonomous waqf management institution to execute the model of this paper. This institution will be formed by the joint venture of the government, the national, as well as international Islamic agencies. Furthermore, this model will be implemented through five stages, the revival and registration of the waqf estate, accumulation of funds, initiating the Islamic microfinance and rehabilita-tion for the slum population, and finally, forward linkage that may help the slum people to contribute to the society
Keywords: Waqf, Islamic Microfinance, Rehabilitation, Slum population, Muslim countries.
JEL Classification: G21, O21, Z12 KAUJIE Classification: E23, H15, S4
11.mollifying poverty through microfinance indian perspectiveAlexander Decker
This document summarizes the impact of microfinance programs in India. It discusses how microfinance has expanded access to credit and savings for rural and female populations, allowing entrepreneurship and diversification of livelihoods. Access to microcredit has increased across wealth categories but most significantly for very poor groups. Loans are primarily used for productive investments rather than consumption. Microfinance also contributes to improved education levels, asset acquisition, and multiple sources of household income. While more can still be done, microfinance is an effective strategy for extending financial services to disadvantaged groups and reducing poverty in India.
A Study for Developing a Microfinance Product in Indiaijtsrd
Microfinance is a sort of banking services given to people1 with low income, who generally would have no different access to financial services. The objective of Microfinance is to eventually offer the individuals the chance of being financially free. Numerous individuals look to family, companions, or even credit sharks for assistance. Microfinance enables people to assume financial services securely, and in a way that is reliable with moral lending practices. The researcher after analyzing the research papers, have found that the Microfinance has a long way to go. Microfinance plays a key role in the lives of the individual with low income by giving him access to the capital. India is a developing country and still it faces the problem of poverty and Microfinance can help India curb Poverty2 issues. This topic has been chosen by the researcher to study various aspects of Microfinance within the Indian boundaries like, how it can provide sustainable solutions to people with lower income, how it can encourage savings and investments within the community and how it can offer economic gains even after the income levels remain same. The research design included conducting interviews, carrying out survey about Microfinance and its products, and using the secondary sources to meet the objectives of the research. Grounded Theory Analysis has been used by the researcher to analyze the data. The research may provide the readers, insights on what more is needed to spread the impact of Microfinance. The research will investigate the benefits of collaborating Microfinance with Stock Market and Health Insurance. The research proposes three financial products, which can attract the poor and thus satisfy the ultimate objective of Financial Inclusion. Cost of providing the services remains bottleneck of most of the Microfinance Enterprises. This study only deals with the necessary aspects3 of services and products required to help people raise their standard of living. Further there is a scope to carry out research on risks associated with Microfinance enterprises and its products and finding out ways to curb those risks. Tejas Sanjay Lad | Prof. Pallavi Rahul Gedamkar "A Study for Developing a Microfinance Product in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28063.pdf Paper URL: https://www.ijtsrd.com/management/equality-diversity-and-inclusion/28063/a-study-for-developing-a-microfinance-product-in-india/tejas-sanjay-lad
Prioritize the enablers of urbanization in indiaGirish Singh
The document discusses the key enablers of urbanization in India. It analyzes data from a survey of 65 respondents who migrated to urban areas in India within the last 15 years. The survey asked respondents to rank factors influencing their decision to migrate. The statistical analysis found that employment was ranked as the most important enabler, with 38% of respondents selecting it as their top preference. Higher education was the second most influential factor, receiving 71% of preferences as the second most important reason for migration. Other factors like industrialization, modernization, and healthcare access received lower rankings. The study concludes that while multiple factors enable urbanization, employment opportunities should be the main focus of government policies seeking to manage migration patterns.
Achieving sustainable cities in Saudi Arabia-Juggling the competing urbanizat...Ismaila Rimi Abubakar
This chapter highlights the challenges of rapid urbanization in Saudi Arabia and its implications for urban sustainability. It first reviews trends in global and Saudi Arabian urbanization and factors driving rapid urban growth. Major urbanization challenges for Saudi Arabia are then analyzed, including urban sprawl, high energy consumption, inadequate infrastructure and services, and environmental issues. Finally, the chapter assesses sustainability initiatives by the Saudi government to address these competing challenges, such as urban greening, tourism development, and knowledge cities, though notes they are still early in implementation.
Influence of budgetary allocation on performance of youth group project in th...oircjournals
The need to empower youth for a better tomorrow is connected both, to the financial elevation as well as increment of the standard of living. Therefore, the study sought to establish the influence of budgetary allocation on performance of youth group project in the county government of Uasin Gishu. The study was guided by budget theory. The study employed the use of survey design in order to accomplish the research objectives. The accessible population for the study was 375 representatives of different youth groups and 65 officials of devolved fund initiative in Uasin Gishu County. Sample size was computed using the Fishers formula. Proportionate sampling was applied to select respondents. The researcher employed the use of questionnaire and interview schedule to collect data from participants. This study used descriptive statistics and inferential statistics. Descriptive statistics were done using frequency percentages, means and standard deviation of each variable. The coefficient of variation were used where data were skewed. Correlation and regression were used to show the relationship between the dependent variable and the whole group of independent variables. The results of the study were presented using Tables and figures. The study found that budgetary allocation has a positive and a significant influence on performance of youth group project in the county government of Uasin Gishu (β1=0.154, p<0.05). The study concluded that the amount disbursed to youths is equally distributed and done in time. Funds disbursements are based on projects types and the youth can compete competitively by accessing enough amount of money to finance their businesses. The study recommends that the training programs on entrepreneurship should be enhanced and be made compulsory before the group is funded. This will ensure that the youth will be able to make the right decision on investments as well as on proper accounting of their financial resources.
Presentation GREF Seminar: Human capital dynamics in China: Evidence from a c...OctasianoValerio1
Presentation at Research Seminar for The ESADE Group for Research in Economics and Finance by Dr. Octasiano M. Valerio Mendoza. This dissemination activity was funded by the European Union’s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agreement No 838534. https://chinequaljustice.iqs.edu/
The document discusses future cities in India and focuses on three cities - Trivandrum, Kochi, and Kozhikode in Kerala. It provides background information and highlights on each city, noting their population sizes, number of education institutions, areas, and strengths that make them ideal for business growth in various sectors like education, research, tourism, IT, and more. It also discusses institutional innovations needed for urban governance and monitoring progress of strategic urban development plans through qualitative and quantitative metrics.
A STUDY ON THE TREND AND GROWTH OF MICROFINANCE INSTITUTIONS IN INDIACharlie Congdon
This document analyzes the trend and growth of microfinance institutions in India. Some key findings include:
1) The number of MFIs availing loans from banks increased sharply from 9.8% in 2019-20 to 257.6% in 2020-21.
2) Loan amounts outstanding to MFIs increased year-over-year from 2016-17 to 2020-21, showing growing confidence in MFIs.
3) However, the total assets of MFIs saw a sharp decline over this period, indicating potential financial challenges.
4) The business models of MFIs are becoming more urban-centric, as the share of rural clients declined in most states from 2016-
This document provides an introduction and outline for a research paper on the role of social safety net programs in poverty alleviation in Lalmonirhat district, Bangladesh. It begins with background on global and national poverty trends. It then discusses poverty levels and demographics in Lalmonirhat district that indicate a need for social programs. The paper will evaluate three allowance programs for the elderly, disabled, and widows/divorced women in Lalmonirhat through surveys of beneficiary and non-beneficiary households. The eight chapter outline covers objectives, theories, literature review, methodology, poverty analysis, program budgets, survey findings and conclusions.
11.the role of micro credit and micro finance institutions (mf is)Alexander Decker
This document summarizes a study on the role of microcredit and microfinance institutions (MFIs) in poverty alleviation in Bangladesh. Some key points:
- Microcredit has significantly impacted the lives of millions of poor people, especially women, by providing access to loans for income-generating activities. This has helped reduce poverty.
- Major MFIs in Bangladesh studied include Grameen Bank, BRAC, ASA, and Proshika. Studies of the impact of microcredit from these MFIs found positive results, including increased income, savings, education rates, and reduced infant mortality.
- The study analyzes survey data collected from microcredit beneficiaries in a rural area of Bangladesh to
Maqhashid Sharia in Clean Water Financing Business Model at Islamic BankMercu Buana University
Abstract: The aim of paper is to find out the effectiveness of feasibility financing intervention without collateral at clean water financing business model at Islamic Bank. The method on this paper uses a qualitative approach which support by quantitative data of water financing during period June 2013 till July 2015. Nevertheless, discussion on this paper limited by questions: (i) What the links between Islamic banking with microfinance; (ii) What clean water financing Business Model at Islamic Bank?; (iii) What the risk management required for expand clean water financing portfolio?; (iv) How many the clean water financing has been realizing and the qualities of the financing among June 2013 until July 2015?. The role of Islamic Bank as the organization which has a mission not only achieve financial performance, but also social performance, therefore, Islamic Bank provides clean water financing to poor people with appropriate risk management (“al-ghorm bill ghonm” and “al-kharaj bill Daman”). Feasibility financing analysis for clean water financing needs the intervention to give solution for the poor people whose don’t have collateral as the financing required. The most important in the feasibility analysis for clean water financing is the character of the candidate which can access through credit bureau tools of central Bank. The findings of this research are with intervention feasibility analysis approach for clean water financing, the disbursement of clean water financing in the period June 2013 till July 2015 has reached 2281 clients with outstanding Rp2.296.579.363,- and have good quality which means no arrears of installment. In addition, to achieving massive impact for clean water financing needs the role of government to provide financing insurance as the mandatory facilities in clean water financing business model.
Maqhashid Sharia in Clean Water Financing Business Model at Islamic Bank inventionjournals
The document discusses a clean water financing business model at an Islamic bank in Indonesia. The model involves partnerships between the Islamic bank (Bank Syariah Mandiri), a regional water company (PDAM Tirta Kudus Dharma), and an employees cooperative (Cooperative Tirta Makmur Kudus). Through this cooperation, the bank provides unsecured financing to poor customers for clean water connections. The financing is assessed based on customer character checks rather than collateral. From June 2013 to July 2015, the model financed clean water connections for over 2,000 customers with no defaults, achieving both financial and social goals in line with Islamic banking principles.
This paper has referred to research done over the years and tries to study the trend of average
amount of loan disbursed to SHGs, amount of bank loans outstanding and its associated gross NPA from 2015
to 2020, agent-wise
A crisis in governance urban solid waste management in bangladeshUmmi Khairia
1) The document analyzes governance challenges facing solid waste management in Bangladeshi cities, where rapid urban population growth has outstripped cities' ability to collect waste, leaving around 50% of daily waste uncollected.
2) It examines operational problems that impede service delivery through case studies of two major cities, finding that city governments have failed to satisfactorily provide conservancy services to residents despite utilizing public resources.
3) This poor performance is argued to stem from a governance crisis in Bangladesh, suggesting public-private partnerships can help ensure effective solid waste management and good urban governance by sharing service delivery responsibilities.
The document discusses a McKinsey Global Institute report on global infrastructure investment. Some key points:
- The world spent $9.5 trillion on infrastructure in 2015, equivalent to 14% of global GDP. Real estate, social infrastructure, and transport accounted for most spending.
- To support projected economic growth through 2035, an average annual investment of $3.7 trillion in economic infrastructure like roads, rail, ports, power, water and telecom will be needed, totaling $69.4 trillion.
- Over half (54%) of future infrastructure needs will be in Asia, primarily China (34%) and India (8%). Two-thirds of needs will be in emerging economies.
Partnerships for the 2030 Agenda: Role of Science, Technology, and InnovationSDGsPlus
This document summarizes a presentation by Mahmoud Mohieldin on the role of science, technology, and innovation in achieving the 2030 Sustainable Development Goals. It discusses several global megatrends including demographic shifts, urbanization, climate change, and technological changes. It outlines challenges like violence, market volatility, and changing skills demands. The presentation proposes investing in human capital, resilience, infrastructure, and harnessing new technologies to achieve the SDGs through frameworks like Japan's "Society 5.0". It highlights examples of using digital technologies and partnerships to support health, education, and other development goals.
IMPACT OF MICROFINANCE ON POVERTY REDUCTION IN SOUTHERN PUNJAB PAKISTANindexPub
Microfinance has been adopted by several developing nations to raise their inhabitants' standards of living. It also contributes to their improved economic growth. Pakistan is now implementing this idea and seeing positive results from microfinance. In Pakistan, Khushhali Bank is a notable player in the microfinance industry. The results of the sample data selection indicate that microfinance operations have an effect on the standard of life of individuals residing in a particular region in Muzaffargarh. For this study, 100 clients of Khushhali Bank have been chosen. The primary goal of the research is to determine how Khushhali Bank's microfinance initiatives affect people's ability to live better lives. A Ex-post Facto research model was used to the gathered data in order to determine the relationship between the microfinance loan and living standard metrics. The analysis's conclusion indicates that microfinance operations have very little influence on raising people's standards of living, meaning they don't play a significant part in raising living standards. Apart from microfinance loans, there are additional variables that contribute to the improvement of people's standard of life.
Contribution of Micro Finance on Poverty Alleviation in BangladeshRoksana Aftab Ruhi
This is my second online publicaation which is published in preprint.com.This study is developed by descriptive analysis based on secondary data. After the analysis of collected data and information, it shows evidence that practically microcredit can be considered as an effective tool for poverty reduction in developing countries like Bangladesh. To be more ensure that how much and how the microcredit really reduces poverty, further study and research should be carried out in future.
Sustainability in Urban Development: Impediments to Urban India's Sustainable...inventionjournals
This document discusses sustainability in urban development in India and the impediments to achieving sustainable urban growth. It outlines some of the key challenges facing urban development in India, including unequal urban growth between regions, deficiencies in basic services like water and sanitation, lack of affordable housing, and scarcity of land. The document proposes solutions to these problems based on the three pillars of sustainability from Agenda 21: economic sustainability, social sustainability, and environmental sustainability. Specific solutions addressed include improving public-private partnerships for infrastructure, adopting more sustainable practices for waste management, energy use, transportation, water management, and housing development.
The Islamic Banking, Asset Quality: “Does Financing Segmentation Matters” (I...Mercu Buana University
Bank stability becomes one of the crucial pillars in maintaining economic growth. Therefore, the segmentation strategy is needed because it aims to improve the financial stability of the bank (decrease Non-Performing Loan-NPL / Non-Performing Financing-NPF). This study aims to determine the effect of segmentation on the quality of Islamic banks proxied with NPF. The method used is a quantitative method with multiple regression test and statistical tool Stata version 13. From the results of statistical data, it is known that the retail segment has a more significant influence than the wholesale segment, which is 92.61% and 56.05%. Therefore, sharia banks should have their business priorities in the retail segment, especially business in the microfinance segment by maintaining the quality of financing through selective financing channeling.
Prospects for achieving the sustainable development goals and the role of Isl...SDGsPlus
The document discusses prospects for achieving the sustainable development goals through Islamic finance. It provides an overview of megatrends impacting the SDGs, data and monitoring of goals, challenges with implementation across different countries, and financing needs. Islamic finance tools like sukuk bonds and risk-sharing instruments are presented as viable means to mobilize private capital at scale for infrastructure and development projects in support of the 2030 agenda. Examples are given of how various countries have utilized sukuk bonds for purposes like education, healthcare, environment and fiscal support.
As per Global Liveability Index rankings released in 2019, by Economic Intelligence Unit, two major cities of India Delhi and Mumbai, found itself slipping in the rankings. It measures the living conditions in 140 cities. It is the direct result of Urban Planning and Development. Urban Planning is a professional way of developing urban areas by making physical plans and development regulations. Urban Planning is a combination of social, economic, environmental, and constructive efforts to make an urban dwelling a good, healthy place to live, work, and to move around. It was done to ease the negative physical and social effects on people that arose with the industrial revolution, particularly in urban areas. Urban local bodies or local governments implement urban development strategies. Urban Local Bodies are elected by the people. Planning and development for major cities and urban regions are done by urban metropolitan regional development authorities. These authorities are functionaries institutions under the state government. On the state government level, urban planning and development administration is administered by the State Town Planning Act and other relevant legal frameworks of each state. Currently, all states have ministries responsible for urban planning, urban development, housing, and governance. Spatial plans need to be accounted for to address issues on integrated land connectivity, landfills, urban drainage networks, land requirements, and a range of related urban complexities.Without spatial plans, it is extremely difficult to completely address the issues plaguing infrastructure in Indian cities. Pranav Ojha "Development of Urban Planning in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-4 , June 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50331.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/50331/development-of-urban-planning-in-india/pranav-ojha
A Study on Prospect and Problem of Human Resources Management in the Banking ...Dr. Amarjeet Singh
Modern banks play an important part in promoting
economic development of a country. Banks provide necessary
funds for executing various programs underway in the process
of economic development. Thus, this study aims at proper
utilization of the human resources to use banking sector for the
all round of well fair services for the citizen of Bangladesh by
considering the various kinds of prospects and problems.
This document provides an abstract and introduction for a capstone paper assessing India's urban development trajectories in light of rapid population growth and the government's Smart Cities Initiative. The paper will examine India's demographic trends toward urbanization, related environmental challenges, and the content and progress of the Smart Cities Initiative. It aims to evaluate how proposed policy reforms can improve developmental and sustainability outcomes given infrastructure bottlenecks and the need for robust governance at all levels to support sustainable urban development as key to India's economic emergence and participation in global climate change efforts.
Evolving Financial Systems to Reach the SDGsSDGsPlus
The document discusses evolving financial systems to support achieving the Sustainable Development Goals. It notes that annual investments of hundreds of billions will be needed across sectors like power, transport, and telecom. It reviews lessons from implementing the Millennium Development Goals and outlines the holistic nature of the 17 Sustainable Development Goals. The World Bank aims to play a key role by focusing on human capital, sustainable and inclusive growth, and resilience. Alternative sources of financing like Islamic finance and social impact investing will be important alongside public funds like IDA. Mobilizing private capital through de-risking and public-private partnerships will also be essential to meeting the investment needs.
The document summarizes a case study on the business strategy of managing cash waqf funds at BMT UMMAT, an Islamic financial institution in Indonesia. BMT UMMAT launched a cash waqf project in 2020 to invest in a drinking water company, but the project has not met its fundraising targets of 20-30 wakifs (donors) contributing Rp. 500 million. It has only attracted 5 wakifs contributing Rp. 305 million. The author analyzes the people, processes, and technology factors contributing to this gap using 17 sub-indicators based on literature. Based on the analysis, 64.7% of the sub-indicators show a gap between the current situation and targets, while
Digital Leadership during the Covid-19 Pandemic (Study on Musrenbang City of ...AJHSSR Journal
ABSTRACT : The impact of the coronavirus disease (COVID-19) on modern life necessitates online
interaction from the life sector.The development of the current paradigm of administration and governance
toward the New Public Management paradigm cannot be separated from efforts to create effectiveness,
efficiency, and results-oriented governance, as well as New Public Service (Governance) actor involvement,
which are shown in efforts to improve government governance. These efforts are carried out looking for
paradigms that can be practiced in the others field, including business, civil society, and the media.Study at
Bandar Lampung City Musrenbang on "Digital Leadership in the Era of the COVID-19 Pandemic". Problem
formulation: Musrenbang) and 2) What are the supporting factors and factors that weaken digital leadership
during the COVID-19 pandemic (study on the Bandar Lampung City Musrenbang). Techniques like observation,
interviews, and documentation were used to gather data.Based on the Decree of the Head of Bappeda City of
Bandar Lampung Number: 800/946/IV.01/2022 concerning the Formation of Teams for Development and
Utilization of Data and Information on Development Planning of Regional Apparatus Work Units in 2022. The
government has been restricted to the exclusive domain of the government to express aspirations and criticize
sector areas. The government must provide more space for this.The government must implement digital
transformations, which are already being used to complete the tasks it is carrying out, in order to keep up with
the times.
Keywords: City Musrenbang, Government, Community, Regional Development.
Potential unexplored tourism and economic growth of bangladesh[#694179] 982065Basharat Hossain
This paper examines the potential effects of tourism on the economic growth of Bangladesh. It is a review paper of the
literature based on secondary data. This paper discusses various aspects regarding the effects of the tourism industry on
the overall economic progress of the country, including real GDP growth, infrastructural development and employment
generation. Since the tourism industry has a small share of revenue to the GDP of Bangladesh’s economy (at this moment),
its contribution to economic growth is limited till now. This paper finds that the current size of the Bangladesh tourism
economy is BDT 500 million. Besides, Bangladesh earned USD 1157 million from tourism sector during 2009-2018 period.
Each year, 0.55 million tourists (on average) visit Bangladesh in the same period. Moreover, it creates 2.23 million jobs
each year. The travel and tourism sector contributes 4.4% of the GDP in each year. Bangladesh’s government ensures a
lot of facilities for tourists.This article points out a number of issues that need to be considered in the tourism industry
to play a more significant role regarding economic growth, and the overall socio-economic development of Bangladesh.
Keywords
Impact, Tourism, Economic growth, Economic development, Banglades
Bangladesh is currently the 41st of the largest economy of the world and the second
largest economy of South Asia, only next to India. Bangladesh is a south Asian and
lower-middle-income country with around 163.7 million populations. The current
size of Bangladesh’s GDP is USD 286 billion, with 8.13 per cent growth rate in 2018-
19 and it is estimated to be the 24th world largest economy by 2033 (Bangladesh
Economic Review (BER) 2019, Centre for Economics and Business Research
(CEBR), (2018). Apart from the service sector, the industry sector is the highest
contributing sector in this economy (35.14 per cent) followed by agriculture (13.61
per cent), transport and communication sectors (10.98 per cent) respectively
(BER, 2019). The industry sector covers four sub-sectors; these are: “mining and
quarrying, manufacturing, electricity, gas and water supply and construction.”
Poverty Reduction during 1971-2013 Periods: Success and its Recent Trends in ...Basharat Hossain
This paper analyses data on poverty for 1971-2013 periods and finds that, Bangladesh
reduces national poverty by 55.82 percent during these periods. Moreover, nearly 44 percent
people are found extremely poor who earn less than $1.25 per day and 77 percent people are
moderately poor who earn less than $2 per day. Though, absolute income poverty declines but
income inequality rises by 30 percent in these periods. However, different international indexes
disclose that, Bangladesh also reduces human poverty. Bangladesh is no longer the member of
‘alarmingly hunger countries’ and will become the member of ‘Medium human development
countries’ by 2014. Besides, about 58 percent people are found multi-dimensionally poor, who
suffer from overlapping deprivations in health, education and standard of living. Finally, this
paper makes a comparison between Bangladesh and other south Asian countries and finds that,
Bangladesh has the highest level of poverty followed by India in this region.
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Bangladesh is currently the 41st of the largest economy of the world and the second
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lower-middle-income country with around 163.7 million populations. The current
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Economic Review (BER) 2019, Centre for Economics and Business Research
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contributing sector in this economy (35.14 per cent) followed by agriculture (13.61
per cent), transport and communication sectors (10.98 per cent) respectively
(BER, 2019). The industry sector covers four sub-sectors; these are: “mining and
quarrying, manufacturing, electricity, gas and water supply and construction.”
Poverty Reduction during 1971-2013 Periods: Success and its Recent Trends in ...Basharat Hossain
This paper analyses data on poverty for 1971-2013 periods and finds that, Bangladesh
reduces national poverty by 55.82 percent during these periods. Moreover, nearly 44 percent
people are found extremely poor who earn less than $1.25 per day and 77 percent people are
moderately poor who earn less than $2 per day. Though, absolute income poverty declines but
income inequality rises by 30 percent in these periods. However, different international indexes
disclose that, Bangladesh also reduces human poverty. Bangladesh is no longer the member of
‘alarmingly hunger countries’ and will become the member of ‘Medium human development
countries’ by 2014. Besides, about 58 percent people are found multi-dimensionally poor, who
suffer from overlapping deprivations in health, education and standard of living. Finally, this
paper makes a comparison between Bangladesh and other south Asian countries and finds that,
Bangladesh has the highest level of poverty followed by India in this region.
Maslahah based Production Ensures Peace in the World Economy Compared to the ...Basharat Hossain
Maslahah means public benefit and welfare. This paper uses secondary data and analyzed the impact of two non-Maslahah products (alcohol and tobacco) and two non-Maslahah services (gambling and prostitution) on the global peace. The findings implied that, non-Maslahah products and services create impediments to attain and maintain the peace in the world economy. Alcohol produces 200 diseases and was the cause of 3.2% of global death in 2016. Tobacco is the causes of the death of over 7 million people globally in 2017 by generating cardiovascular and respiratory diseases. Gambling causes mental depression, violence in family and society, losses of economic resources. Prostitution disgraces the dignity of women and also produces several diseases, including HIV/AIDS that causes the death of 36.7 million people worldwide. Besides, it creates the hate against women by producing pornography. Conversely, Maslahah product and service such as Juice, rice, interest free banking only provide useful outcome to attain global peace. Finally, this paper recommends the ways to eliminate the production of non-Maslahah product from the economy.
Key Words: Maslahah, Non-Maslahah, Islamic Economics, Peace, World economy
A Discussion on the Concept of Maslahah and Non-Maslahah
Maslahah (مَصْلَحَة) is an Arabic word that originated from the noun ‘Salaha (صلح)’. The plural form is Masaalih (مَصَالِح). The literal meaning is good, right, appropriate, pious, good-will or friendly feelings, peacemaking, useful, beneficial and constructive (Almaany, 2017).
Terminologically, Maslahah can be defined as the consideration of those factors which obtains or ensures the benefit and welfare or inhibits the harms and also complies the aim and theme as well as the intention of the Islamic shariah (Al-Syatibi 2003, Al Ghazali). In addition, Maslahah ensures the five essential things of the life, namely faith, life, intellect, lineage and property (Mannan, 1984).
Islamic economists develop and employ the concept of Maslahah instead of the concept of utility. According to them, Maslahah is the superior concept of the utility. Utility is the property or power of the goods and services that satisfy the human needs and wants. On the contrary, Islamic economists define the Maslahah as the utility along with the useful and welfare characteristics. Hence, a product may have utility, but may not have Maslahah. Conversely, all Maslahah products have utility. For instance, fruit juice has utility and Maslahah while wine has only utility, but not have Maslahah (Mannan, 1984).
However, non-Maslahah can be used as the synonym of Mafsadah (evil). The literal meaning is harm, bad, deteriorate, perish and destroy. So a product or service may be defined as non-Maslahah product which has harmful effects for the five indispensable elements of the human life (Mannan, 1984). For example; tobacco, tobacco products, alcohol, charging usury or interest etc.
Application of Islamic Consumer Theory: An Empirical Analysis in the Context ...Basharat Hossain
This paper presents the results of a survey on 184 graduate students in economics at Dhaka University, Bangladesh regarding the application of Islamic consumer theory. The majority of respondents consider the concepts of halal and haram in economic transactions and oppose interest-based systems. They also think religious concepts like zakat and awqaf should be included in economics curricula. The paper provides an overview of Islamic consumer theory assumptions and principles, which differ from conventional theories by including ethical and religious dimensions. It discusses debates around applying Islamic consumer theory and presents the survey findings as evidence it can be relevant in Bangladesh.
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Bangladesh receives about $56.5 billion foreign aid during 1971-2012 periods. This
paper analyzes 33 years data for 1980-2012 periods to show the effects of foreign aid on the
economic growth of Bangladesh. This study estimates eight models including three for last three
decades (1980-1990, 1991-2001, 2002-2012), four for the four different government periods,
namely, Military government period (1982-1990), BNP (Bangladesh Nationalist Party) government
(1991-1995, 2002-2006) , BAL (Bangladesh Awami League) government (1996-2001, 2009-2012)
and the Whole Democratic government period (1991-2012) and one for entire period (1980-
2012). This research finds that, foreign aid has positive effect on the economic growth of
Bangladesh and it is statistically significant in two models. The contribution of aid to GDP is
falling overtime. This paper also reveals that the aid generates decreasing returns because of
capacity constraint of Bangladeshi institutions to utilize foreign aid effectively. This finding is
consistent with previous findings of different researches.
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Economics of Information and Advertising: A Comparative Analysis in View of C...Basharat Hossain
This document provides a comparative analysis of the conventional and Islamic economic theories of information and advertising.
The conventional theories view the market through a positive lens and promote maximizing profits and consumer utility, while ignoring ethical and social considerations. This can lead to unfair advertising practices. Islamic economics considers both positive and normative views, emphasizing ethics and social welfare.
The paper finds that Islamic theories are more effective because they prohibit dishonesty and manipulation of information. Integration of Islamic principles into conventional theories could help eliminate information asymmetries and unfair practices. While conventional theories cannot address issues like dishonesty, Islamic economics derives from the Quran and Hadith teachings on honesty and accountability in business.
Economic Rationalism and Consumption: Islamic PerspectiveBasharat Hossain
This paper presents a comparative view of Islamic economic rationalism and
consumption framework to its counterpart’s conventional capitalist and socialist
economic system. In conventional economic system, only self-interest and rationality
of the consumer is the main principle to maximize utility whereas moral, religious,
national, historical, cultural and social values are absent here. Consequently, the
consumers enjoy sovereignty with little or no intervention of regulatory authority to
maximize the utility. On the contrary, Islamic economic system designs its rationality
and consumption principle in moderation that is far away from extremism where
freedom and regulation is moderately recognized. Therefore, Islamic rationality
encourages the consumers to maximize his utility by insuring religious, national,
historical, cultural and social values. Besides, conventional economics have no
treatment to immoral activities of consumer while Islamic economics derived from
the Holy Quran and Hadith offers rewards and punishments for moral and immoral
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Does Microfinance Matter for Women Borrowers? Recent Findings from BangladeshBasharat Hossain
This paper examines the impact of microfinance on some selected women borrower respondents of
Bangladesh, who have been selected through a systematic random survey process. This is a
quantitative research based on primary and secondary data. The primary data was collected
through a structured questionnaire on sixty women borrowers of the Dhaka City, Bangladesh. This
paper finds that microfinance has a highly significant positive impact on the income of these women
borrower respondents. Moreover, though microfinance encourages for savings and buying new
asset but it has no significant impact on their asset building and savings.Overall, there has been a
mixed outcome from this cross-sections data: microfinance has been found as a matter for women
borrowers’ income increasing aspects, whereas not much effective in increasing savings or building
up of assets. Finally the paper recommends some steps to increase effectiveness of microfinance
on the women borrowers, including expanding training facilities and lower interest rates particularly
for women borrowers
Do the Slum Dwellers Enjoy the Basic Constitutional and Economic Rights as a ...Basharat Hossain
Bangladesh is a country of about 156million people including nearly 7.81
million of slum people. This paper investigates 28 years data for 1986- 2014
periods on the living standard of slum dwellers of Bangladesh. It presents
the different forms of deprivations, sufferings and miseries of slum people
from basic needs including social, constitutional and economic rights.
More specifically, the wretchedness of slum dwellers in housing, drinking
water, sanitation, food intake, healthcare, education, employment, income
patterns, social status and security, economic and public assistance has
been explored in this paper. In addition, poverty scenario and services of
social organization among slum people has been focused in this paper.
Finally, it recommends some policies to improve the living conditions of
slum dwellers in Bangladesh.
Keywords: Slum Dwellers, Standard of Living, Basic Needs, Constitutional
and Economic rights, Bangladesh
JEL Classification Code: I31, I38, I13, I18, I25, E26, O18, O15, O17
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This document analyzes the deadweight losses in interest-based microfinance programs compared to interest-free (Islamic) microfinance programs. It uses secondary data from 20 microfinance institutions in 9 countries. The key findings are that consumer surplus is at least 3 times higher and producer surplus is higher in Islamic microfinance due to lower loan prices (profit rates of 0-15% vs interest rates of 15-35% in conventional programs). As a result, the quantity of loans demanded is higher under Islamic microfinance. The document recommends converting interest-based programs to Islamic models to improve member welfare.
Application of Islamic Consumer Theory: An Empirical Analysis in the Context ...Basharat Hossain
Abstract: One of the main goals of economics is to satisfy the wants of consumer. Like as conventional economics, Islamic economics has also its own law of consumption which is superior to that of conventional economics. This paper presents an empirical survey report on the application of Islamic consumer theory in Bangladesh.The survey is conducted on 184 graduate students of economics from university of Dhaka, Bangladesh. Besides, the consumption framework of Islamic economics has been discussed in this paper. The research finds that, the majority percent of respondents consider Halal (lawful), Haram (unlawful), economic disadvantages of other consumers, scope of reward and punishment in hereafter life (life after death) in their consumptions and other economic activities. The report explores that, though the wants is unlimited, the respondents are capable to control their wants and choose moderate and simple standard of living. In addition, they mentioned that, the use of interest is not essential to run economic activities and interest free economy is possible. It is found that, a large proportion of the respondents did not study Islamic economics due to unavailability of the reading materials in spite of having their interest while half of the respondents read it. Finally, the opinion is found that, religious and ethical instruments (Zakat, donation, hereafter life etc.) should be included in the syllabus of modern economics in school, college and university level. The findings satisfy the assumptions of Islamic consumption framework. Finally, it presents the problems, prospects and recommendations to apply the Islamic consumer theory in Bangladesh.
Keywords: Islamic Consumer Theory, Islamic economics, Consumption, Bangladesh
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Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
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Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The proliferation of the Urban Microfinance and its problems and prospects in Bangladesh
1. See discussions, stats, and author profiles for this publication at: https://www.researchgate.net/publication/331585250
The Proliferation of the Urban Microfinance and its Problems and Prospects in
Bangladesh
Article · October 2018
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19
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ARTIFICIAL-INTELLIGENCE-AI-GLOBAL-PORTAL View project
Human Cost of International Migration from Low Income Countries View project
Basharat Hossain
International Islamic University Chittagong
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Syed Naimul Wadood
University of Dhaka
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