Many folks see the merit in large corporations investing to grow their business in India, but what are the prospects and potential for mid-sized overseas corporations to do so? Do they have deep enough pockets to ride the roller coaster and survive long enough until the end of the “samudramanthan,” to taste the fruit (I spoke about this phenomenon in my earlier post, Whither India)?
But first, as with all things good in India, it is important that we herald all beginnings as an auspicious occasion. And what better time than Diwali, the “festival of lights” which Hindus celebrate this month. Diwali symbolizes the victory of righteousness. This festival commemorates Lord Rama’s return to his kingdom Ayodhya after completing a 14-year exile. Diwali is also considered to be the festival of the Goddess of wealth and prosperity, Laxmi.
Please read this interview, particularly if you are affiliated or play an influential role with the funding decision of a non-profit, as it could lead to your non-profit making an even greater impact on its target base.
Imagine positively impacting millions of lives…impacting a fraction of that number would represent quite a lifetime achievement for many of us – well, the team at J-PAL (MIT’s Poverty Lab) have already done that and are aiming for more (a recent deworming campaign in India reached 17 million children). Iqbal Dhaliwal, the Global Head of Policy at J-PAL, is leading many of these efforts to ensure that global policies and programs to reduce poverty are made more effective.
I spoke with Iqbal about the challenge of measuring success and how non-profits can make an even greater impact on their target base.
Iqbal, why did you choose a career in policy development and implementation?
I grew up in Delhi and was always bothered why there were so many people that were so poor. Were they just lazy (a fairly widespread belief among many in the middle class) or were there factors beyond their control? Those questions drove me to study economics at college and then to a career in the Indian civil services to implement many of the state-run development programs that aim at reducing poverty.