Bangladesh exported 50 percent less manpower in 2009. Thousands of jobless workers also returned home as their employers went broke after the Wall Street collapsed. Yet inward remittance grew by 20 percent ($10.72 billion) in 2009. How could fewer workers send the highest-ever remittance?
It was not long ago that Laloo Prasad Yadav Minister of Railways and former Bihar Chief Minister sarcastically asked what computers can do for his constituency, comprised mostly of agriculture communities. Had he been to Madurai with the CPRSouth participants on last Monday (Dec 17) perhaps he might have learnt. This lady, with so many others, plays an integral role in ROPE (Rural Outsourced Production Enterprise) which sets up dedicated village-based contract production centers for its clients. Its mission is to integrate domestic and international markets with informal sectors of rural India and generate value for the skills and resources available in these sectors. This lady and others like her, we were told, make INR 50 (USD 1.