If the power to decide is given in the hands of the people then it will affect the status of poverty, hunger and unemployment. We had mentioned earlier in the book that if free fund is made available to people then in the meetings of gram Sabha people will establish the status of poor, the hungry, the unemployed and uneducated. They will decide who should be given free ration, who should get housing and who should get free education. Such a system would be for the welfare of all.
If someone wanted to start an enterprise, than he could get loan at concessional rates. Today that person takes loan from the moneylenders at exorbitant rates, of right up to 150% per annum. He gets entangled in a debt trap and keeps paying interest for his whole life time.
Many farmers commit suicide and the main reason is the debt that they take from moneylenders, which they are unable to pay. Under new dispensation they can get loans at reasonable rates from the gram Sabha
If gram sabhas are given free funds than the local villagers can set up small enterprises like a soap factory or a rice mill or an oil extraction plant which can cater to the demands of the village. Such enterprises would enhance the prospect of employment for the rural economy.
Flow of free funds to village gram Sabha is a life giving formula that can enhance the prospects of increase in wealth, reduce poverty and increase employment.
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