Yunus Centre organizes 116th social business design lab

The investments into six Nobin Udyokta businesses were announced today at the 116th Social Business Design Lab. The six young entrepreneurs, who are children of Grameen Bank borrowers, are seen in the photo with Nobel Laureate Professor Muhammad Yunus.Photo by: Nasir Ali Mamun / Yunus Centre

The 116th Social Business Design Lab organized by Yunus Centre took place today on 17th September 2015 at the Grameen Bank Auditorium. Around 150 participants and observers, from national and international organizations with diverse background attended the program, including a large number of international participants.

The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus. He opened the lab with welcoming remarks to the audience including those tuning in via live stream. Professor Yunus explained the process of the Lab, to review and assess social business plans of entrepreneurs. He reported that to date since January 2013, a total of 1672 projects have been presented during last 116 Design Labs of which 1666  projects were approved for investment, and most of these already in operation.

Maharashtra Government Consults with Yunus

Maharashtra Finance Minister Sudhir Mugantiwar presents a memento to Nobel Laureate Professor Muhammad Yunus during their meeting to discuss development strategies for the state. On the extreme left is Dr T.F. Thekkekara, State Information Commissioner Maharashtra. From right to left are Sudhir Srivastava, Additional Chief Secretary (Finance) Maharashtra, and Deepak Kesarkar, Minister of State for Finance and Planning and Rural Development for Maharashtra.

Mumbai, September 6
Finance, Planning and Forests Minister, Sudhir Mugantiwar (BJP) invited Nobel Laureate Professor Muhammad Yunus on behalf of Government of Mahrashtra to help them design programmes for rural development and inclusive financing.

State Minister of Finance and Rural Development- Deepak Kesarkar also attended the meeting. an intensive discussion was carried out for four hours, which was participated by secretaries of ministries and heads of all government agencies involved in development issues, academics, representatives of national rural finance organization NABARD, etc.

The Finance Minister laid out the questions he had for discussion in order to prepare a strategy document to present as a part of his next budget statement and include relevant actions in the budget. He specifically wanted to know about social business, programme for turning unemployed rural and urban youth out of unemployment. He and his team wanted to know why microcredit programmes and lending for small and medium scale enterprises in his state were not performing satisfactorily, and how to revitalize these programmes in line with Grameen Bank experience in Bangladesh.

Minister wanted Professor Yunus’s advice on how each of Yunus's programme had been developed and implemented and about key success factors for their success in Bangladesh

The minister is interested in concrete outcomes – actual projects that can be implemented and therefore incorporated into the state budgeting process. His three main issues were how to ensure financial inclusion for the poorest of the poor through microfinance of Grameen Bank, spurring entrepreneurship in Maharashtra and reviving bankrupt MSMEs to create jobs. Explaining social business yunus said that making money was happiness but making other people happy was a super happiness. Minister later said that he wanted to convert the state's 1.7 million SHGs (self-help groups) into 'Super Happiness groups'.

Yunus delivers Centenary Lecture at University of Mysore, launches Devi Shetty's Health City and Cancer Hospital in Mysore

Nobel Laureate Professor Muhammad Yunus unveils plaque at the inauguration of Dr. Devi Shetty's Health City in Mysore, India on September 4. Photo from left: Dr Devi Prasad Shetty, MahaSwamiji.

Nobel laureate Professor Yunus inaugurated Centenary Celebrations at University of Mysore by delivering Centennial Lecture at University. It was celebrated as the beginning university's year-long Centenary Celebrations. This year the university, with over 1,00,000 students, is completing its 100 years. Vice Chancellor Professor K S Rangappa sent a senior Professor earlier this year to Dhaka to personally invite Professor Yunus on his behalf to launch the Centenary celebrations by giving the Centenary Lecture on his vision on Redesigning Economics to Redesign the World. The lecture was attended by an audience of 1500 persons.

Professor Yunus launched the Centenary Lecture Series with a Nobel Lecture. First time in the history of the University, where second President of India Dr.SarvepalliRadhakrishnanused to teach, had a Nobel Laureate giving a lecture. The Vice-Chancellor ceremoniously greeted him with traditional Peta (traditional Mysore) cap, shawl, and a detailed bust made of sandalwood.

Yunus addressed an audience consisting of former ministers, eight former Vice -Chancellors of the University, political leaders, businessmen, bankers, industrialists, NGOleaders, and graduate students. ProfessorYunus lecture marked the beginning of centenary celebration. There are over 70 Bangladeshi students at the university where more than 1500 students from 60 countries are studying.

Professor Yunus also visited the SBRR Mahajana First Grade College in Mysore to launch the Indian Chapter of the Social Business Academic Network. He also addressed faculty and students of the 75 year old College. 

Nobel Laureate Professor Muhammad Yunus receiving ceremonial gifts from the Vice-Chancellor Professor Rangappa, before he inaugurates University of Mysore's yearlong Centenary Celebrations.

Earlier Professor Yunus inaugurated the brand new NH Super Speciality Cancer Hospital in Mysore, built by Narayana Health Systems in Mysore.  Professor Yunus was especially invited by Dr. Devi Shetty, the well-known founder of Narayana Health who has built more than 32 hospitals all across India, to be chief guest at the event.

Yunus Launches Master Degree Programme in Rajiv Gandhi Institute in India

Nobel Laureate Professor Muhammad Yunus launched the new programme of offering master degree in Social Entrepreneurship and Innovation, at the Rajiv Gandhi National Institute of Youth Development in Sriperumbudur, near Chennai, in Tamil Nadu. It is an institute of national importance under the Government of India's Ministry if Youth Affairs. Also seen in the photo are Rajeev Gupta, Secretary of Youth Affairs Government of India, Ms Latha Pillai, Director, Rajiv Gandhi institute, and Dr. Cecep Effendi, Director General of CIRDAP

Nobel Laureate Professor Muhammad Yunus is in India for a seven day visit from 31 August to 7 September.
He was invited to deliver a special lecture at the Rajiv Gandhi National Institution of Youth Development (RGNIYD) in Sriperumbudur, 40 kilometers from Chennai, and to launch the new programme of offering master degree in Social Entrepreneurship and Innovation, at the Institute. Mr. Rajeev Gupta, Central Secretary of Youth Ministry flew over from Delhi to Chennai to receive Professor Yunus and be present at all the ceremonies. Imprint of both feet of Professor Yunus was ceremoniously taken on Plaster of Paris to display in the institute to inspire young students of the institute.

Rajiv Gandhi Institute was founded in memory of Rajiv Gandhi at the place where he was assassinated. This is a special institute under the Ministry of Youth Affairs, Government of India implementing programmes for youth all over India. The Institute announced a programme to turn unemployed youth into entrepreneurs through social business. The event was jointly organized by the Rajiv Gandhi Institute and CIRDAP, an intergovernmental organization comprising 15 countries, headquartered in Dhaka. Dr Cecep Effendi, Director General of CIRDAP came from Dhaka to be present in the ceremony and extend support from CIRDAP for follow up programmes out of Professor Yunus's visit. A team from Yunus Centre was also invited to carry out a workshop on social business for 50 participants including students and entrepreneurs at the institute as a first step towards longer term collaboration with Professor Yunus.

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