Friday, December 14, 2018

Rural development in Developing Nations through Businesses


Rural development in Developing Nations through Businesses

Limiting Issue: Limited purchasing power of inhabitants.

Approach:

  • Entrepreneurial opportunity creation 
    • Selling handmade goods to urban population 
    • Micro-credit as finance 
  • Suitable employment (e.g., light engineering)
  • Agricultural production increase through modern methods 
  • Healthcare: Development of low cost diagnostic instruments, Telemedicine 
  • Business applications of ICT & Technology 
  • Selling low cost nutrition-added food products

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