{"id":174,"date":"2003-11-07T21:40:24","date_gmt":"2003-11-07T21:40:24","guid":{"rendered":"http:\/\/naveen.bachwani.com\/blog\/2003\/11\/07\/deeshaa-the-right-direction\/"},"modified":"2003-11-07T21:40:24","modified_gmt":"2003-11-07T21:40:24","slug":"deeshaa-the-right-direction","status":"publish","type":"post","link":"https:\/\/naveen.bachwani.com\/greymatter\/2003\/11\/deeshaa-the-right-direction\/","title":{"rendered":"Deeshaa &#8211; The Right Direction"},"content":{"rendered":"<p>[ via Rajesh Jain ]<\/p>\n<p>When an Indian-born economist from Berkeley &#8211; Atanu Dey &#8211; first wrote about coming back to India to implement his RISC model, I was excited. After a few months of sweat and grime, the movement has started taking shape. This week, its online presence was launched at <a title=\"Transforming Rural India\" href=\"http:\/\/www.deeshaa.com\/\" target=\"_blank\">Deeshaa.com<\/a> :<\/p>\n<p>&nbsp;<\/p>\n<blockquote>\n<p>Deeshaa Ventures aims to implement an innovative economic model called RISC &#8211; Rural Infrastructure &amp; Services Commons &#8211; which has the potential for catalysing sustainable economic growth by addressing the primary causes of low economic growth.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>RISC has the potential to # increase India&#8217;s GDP growth rate by around 1 percentage point # add about Rs.20,000 crores annually to India&#8217;s GDP # directly raise the incomes of around 70 million Indians<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>RISC is designed to coordinate the activities of a host of entities &#8211; commercial, governmental, NGO&#8217;s. It synchronizes investment decisions so as to reduce risk. It essentially acts as a catalyst that starts off a virtuous cycle of introducing efficient modern technology to improve productivity that increases incomes and thus the ability of users to pay for the services, and so on. It creates a mechanism that reduces transaction costs and therefore improves the functions of markets.<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>Here&#8217;s a cause I&#8217;d love to be associated with. And it augurs well for the future of this nation !<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When an Indian-born economist from Berkeley &#8211; Atanu Dey &#8211; first wrote about coming back to India to implement his RISC model, I was excited.  After a few months of sweat and grime, the movement has started taking shape.  This week, its online presence was launched at Deeshaa.com.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[6],"class_list":["post-174","post","type-post","status-publish","format-standard","hentry","category-blog","tag-india"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/posts\/174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/comments?post=174"}],"version-history":[{"count":0,"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/posts\/174\/revisions"}],"wp:attachment":[{"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/media?parent=174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/categories?post=174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naveen.bachwani.com\/greymatter\/wp-json\/wp\/v2\/tags?post=174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}