Venturing
How might we promote sustainable and inclusive development in rural Chhattisgarh?
The state of Chhattisgarh has a poverty rate of 40% among its 29.44 million inhabitants. To combat poverty and grow the Gross State Domestic Product, the state is launching the Rural Industrial Parks (RIPA) initiative. RIPA aims to enhance rural life quality by establishing micro-industrial parks that foster new business development. The premise is that villages with robust local economies can better improve their living standards. While past initiatives have offered financial subsidies and utilities, improving the production of traditional artifacts, they have fallen short in significantly enhancing rural life quality. RIPA intends to address this insufficiency.
As part of our evolving engagement with Chhattisgarh, we've navigated through policy analysis, strategic planning, pilot program design, and are now focusing on supporting village entrepreneurs. This upcoming phase is premised on equipping RIPA entrepreneurs with pliant frameworks and methods to define and reach their business goals.
Chhattisgarh
In partnership with the Transform Rural India Foundation and the Planning Commission of the Government of Chhattisgarh.
Our goal is to drive effective local asset utilization, help create responsive business models tailored to villagers' aspirations and needs, and the definition and selection of RIPA archetypes suitable to market opportunities.