Technology and digital economy are the new drivers of inequality.
Interior India is a fringe player in the emerging development paradigm.
Leverage the same technology to transform interior India from an informal economy to a formal economy.
The Country, with the largest and youngest workforce, does not effectively leverage the human resources in the countryside to play a compelling role in participatory development
Inequitable investment on human capital across the country and lack of accounting system to capture the contribution of rural masses to the economy
Handhold the human resources in the countryside and showcase them as Bottom-line creators than being a Top-line drag.
At 17%, India has a lower share of women’s contribution to the GDP comparable to global average of 37%
Half of the work done by women is unpaid, and almost all of it is informal and unprotected. Bulk of the women are shut out of formal financial system
Leverage their exemplary entrepreneurial instinct, help channelize their potential for productive enterprise and provide market accessibility for better realization.
While the farm sector itself is treated as a part of formal economy for GDP calculations, farmer, the backbone of farming sector, languishes in informal sector
Bulk of the farmers in India are small, marginal and fragmented; do not form into a cohesive pressure group to cause policy interventions for treatment on par with corporate India
Aggregate them into a formal entity (FPO/FPC) handhold them to achieve economies of scale and be the torchbearers of economic revival
Huge disparity between Urban-Rural income-asset conversion, with the rural income treading the subsistence path leaving marginal scope for incremental savings.
It’s the ‘winners take all’ scenario, as the fruits of development are substantially garnered by the urban milieu
Domestic Savings in rural sectors should trickle down to a stream with focused strategy on economies of scale, enhanced bargaining power and arrest of seepages through aggregation and integration
Tenon10 is a Social Enterprise, offering multi-stage platform for the key stake players of the informal economy so as to aggregate and integrate them into a cohesive lot to equitably distribute the benefits of economic development. The challenge is to effectively leverage the policy ecosystem of the Govt and transform the languishing segments of the society into the face of the modern economy.
