BusinessWeek – One Laptop per Child Lands in India

A  BusinessWeek article mentions that the MIT-spawned OLPC (One Laptop Per Child) project has finally penetrated India with a tie up with the mega-corporation Reliance Anil Dhirubhai Ambani Group (ADAG). This is after several failed attempts by Nicholas Negroponte, godfather of OLPC, to establish a beachhead in India. Previous negative comments from the Indian political establishment about his efforts include:

In 2001 Information Technology Minister Arun Shourie dismissed his [Negroponte’s Media Lab] efforts as “pedagogically suspect” and wanted more accountability.

… in 2006, his project was again rebuffed by India’s then-Education Secretary, Sudeep Banerjee

“Our primary school children need reading and writing habits, not expensive laptops,” says Arun Kumar Rath, India’s Education Secretary.

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Gates Foundation gets into Microsavings

The Gates Foundation has made some major investments in the area of finance over the past few years. Now, based on their findings and experiments, they are making a big push into the area of micro-savings. Traditionally rural finance has focused on providing micro-credit services to the poor. Only recently have some of the micro-finance organizations started extending their services to include savings and insurance. In most cases the issue has been local regulations and banking controls.

In a recent article in the Wall Street Journal – Giving a Lot for Saving a Little – the author points out several issues why savings schemes for the rural poor have not taken off. Among the issues identified:

  • Strict regulations on entities that hold deposits
  • Lack of remote branches that allow easy access to money
  • Too costly for traditional banks to provide services for the size of accounts Continue reading

Prof. Yunus continues to speak on Social Business

Prof. Yunus continued to speak about his vision of creating social businesses to help address some of the pressing issues facing us. He was hosted by the MIT-Bangladesh Students’ Association and Bhin-Golardho – a Bangla-centric group – during his visit to Boston.

He challenged the youth to start social businesses by saying. “I would like to say that while we at Grameen have done a few things, there are many causes that are waiting for you to take up”

You can read Ranjani Saigal’s write-up of his visit here on Lokvani

Innovative bus technologies go green

Looking for a quick and inexpensive way to make a short day trip to New York, I came across a couple of new bus services from Boston – Megabus and BoltBus – both offering free internet connectivity on the ride down. Always a sucker for technology, I chose to take the Megabus to NYC. The ride was surprisingly pleasant, on-time with clean new buses and continuous Wifi enabled internet access throughout as advertised.

Curious, I decided to find out more about the company and the technology. Looks like the buses are most likely equipped with Moovera Mobile broadband gateways. They connect to a 3G network on one side and provide Wifi coverage in the bus on the other side. An additional benefit is the availability of real time GPS tracking of the vehicle, plus Ethernet based connectivity for on board instrumentation and telematic applications. It all sounded very cool and hi tech for a bus company. I think the new Wifi bus services between Boston and NYC are attracting a younger hipper traveler as evidenced by my co-passengers on the trip.

Digging further I found that Megabus is a subsidiary of a UK based corporation, the Stagecoach Group.  The company seems to be an innovator in the area bringing inexpensive modes of mass transportation to market, encouraging more commuters to take their buses, trains and hovercraft and reducing carbon as a result.

In addition the company has also introduced a number of innovative environmental initiatives. In the past they have been one of the first companies in UK to introduce biofuel buses. An interesting program that they have implemented gives passengers a discount in exchange for their used cooking oil. Argent Energy, which operates the UK’s first large-scale biodiesel plant, is supplying all the biodiesel. In April they introduced a carbon neutral bus service in Scotland where they are looking to offset their emissions in partnership with a Scottish charity Global Trees

One hopes they will try to replicate their biofuel model in the US.

The New Philanthropy – New models for Social Impact

I had a great time attending the conference to celebrate the Golden Jubilee of my alma mater, IIT Bombay. The event was well attended with over 800 attendees and very well organized. It was fun catching up with some of my classmates after 30 plus years!

I had the pleasure of moderating a wonderful panel on “The New Philanthropy – New models for Social Impact” with four great speakers presenting a wide range of activities that their different organizations pursue in the social sector.  The panelists were

  • Shari Berenbach, Executive Director, Calvert Foundation
  • Omer Imtiazuddin, Health Portfolio Manager, Acumen Fund
  • Lisa Nitze, Vice President, Entrepreneur 2 Entrepreneur Program, Ashoka Global
  • Linda Segre, Managing Director, Operations & Initiatives, Google.org

I have written a more in-depth article for Lokvani, but some of the key points were: Continue reading