Question

In: Economics

Does your community have an economic development office? What kinds of programs does it operate? Do...

Does your community have an economic development office? What kinds
of programs does it operate? Do people in the community know about its
activities?

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Expert Solution

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Question:

Answer:

I am from India and live in Delhi (capital of India). My home is located in a area that is a hub of bussiness people. The major % of the people who live in this society belong to the Jain society. In India jain is a seprate religion and there are million of follower of this religion in India. The most of the people who follow this religion are business people. There is a economic development office of this society in the name of 'Samarthya". The objective of this office to help to the poor section of the socirty and their members and taking care of social and economic infracstructure/development of the society. The most of the businesses are family businesses and their offices are located in the different loccations of Delhi. The help to their people through low cost funding, business set-up, and also taking care about the water supply, electricity supply, roads within the society. This organization also help to the new business people in tax filling, supply chain management etc. All the people who are the member of the society contribute and helping through money, time, specialization or expertization. More than 80% of people who live in the society are member of this office and 100% people support it. This office has helped to its members in this pandemic and help them to continue their bussiness and grow togather. This is a government registered body that is registered as a trustable organization not as a profit making organization. The organization organize meeting on monthly basis and discuss about the issues and solution. This is really a great initative and a uniques organization in my knowlegde.

Thank You


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