Latest update March 21st, 2025 7:03 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

ALTERNATIVES FOR DSPLACED SUGAR WORKERS

Jan 06, 2018 Letters

DEAR EDITOR,
Having been a member of the Commission of Inquiry (COI) which made some specific recommendations for the sugar industry over two years ago, I have naturally been reluctant to make any public comment on the industry or its employees, or on the increasing numbers of suggestions/recommendations being publicly offered by various concerned individuals and organizations. But, the plight of the sugar workers being displaced continues with no apparent let-up in sight! It is in this context that I wish to suggest yet another approach that might be worth serious consideration.
It is the idea of ‘social credit’ pioneered by Nobel laureate, Muhammed Yunus, which goes even beyond the micro-credit system of the Grameen Bank of Bangladesh that provides poor people with small loans to launch their own ‘businesses’.
The idea is fully described in Dr. Yunus’s book: “Creating a world without Poverty” and gives a practical example of how it was applied in ‘partnership with the business giant, Danone, ‘to produce affordable, nutritious yogurt for malnourished children of Bangladesh, a country that is not dissimilar to Guyana.
(I had the privilege of living and working there and believe that Guyana’s IPED approach comes closest to this alternative).
I humbly commend its study and recommendations.
Nowrang Persaud

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

NSC, Office of the DPP to host Criminal Law and Sexual Offences Act meeting tomorrow

NSC, Office of the DPP to host Criminal Law and Sexual Offences Act...

Mar 21, 2025

Kaieteur Sports– In a proactive move to foster a safer and more responsible sporting environment, the National Sports Commission (NSC), in collaboration with the Office of the Director of...
Read More
Lucas Chung maintains strong standing at 2nd Qualifier

Lucas Chung maintains strong standing at 2nd...

Mar 21, 2025

Farm Supplies Ltd. supports Bartica Regatta 2025

Farm Supplies Ltd. supports Bartica Regatta 2025

Mar 21, 2025

Legislation and Investment: Trinidad to Brazil, Guyana finds new lifeline

Legislation and Investment: Trinidad to Brazil,...

Mar 21, 2025

Three more matches billed for this weekend

Three more matches billed for this weekend

Mar 21, 2025

CM Khan rules at 2025 National Blitz Chess Championships

CM Khan rules at 2025 National Blitz Chess...

Mar 21, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]