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Community Investing In India - A Big Turning Point For Economic Development
India is a developing economy, and there are different investment opportunities in the country. Among the different types of investment, community investment is also one of them. The concept of community investing is not known to many. This is basically a kind of investment that is made directly into communities with low income by the government or other financial institutions. This kind of investing generally focuses on improving the economic condition of run-down communities. Though the concept of community investing was prevalent for quite a long time, yet in the recent days, community investing in India has received encouragement and promotion. Investments in this case are generally made by means of different community channels, and some of these include: Community development banks, Credit unions, Microfinance institutions and Loan funds. More...
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