Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Inspiring stories of Dalit millionaires: Obstacles to triumph

May 07 2014, 12:15 IST
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The book 'Dalit Millionaires: 15 Inspiring Stories' is a vivid chronicle of how the battle has moved from the village well to the marketplace. Reuters The book 'Dalit Millionaires: 15 Inspiring Stories' is a vivid chronicle of how the battle has moved from the village well to the marketplace. Reuters
SummaryThese individuals faced obstacles only to set up multi-crore business empires.

she got a job for Rs 60 a month, which was later increased to Rs 225. She then worked her way and now runs a business empire of Rs 1,000 crore.

Pippal, who worked as a labourer in three different companies in Faridabad, and also plied a cycle rickshaw, heads a group of companies that own a hospital, a shoe export factory, a Honda dealership and a publication house.

According to the authors, Dalit businessmen are no longer begging for jobs, they're actually creating jobs.

"The Dalit Indian Chamber of Commerce and Industry, an organisation that brings all Dalit entrepreneurs under one umbrella, reveals that Dalit businessmen pay as much as Rs 1700 crore as tax to the government. Their total turnover is Rs 20000 crore and they provide employment to 5 lakh people," the book says.

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