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BASIX (India)
BASIX is an institution concerning the promotion of livelihood established in 1996 in India. It is headquartered in Hyderabad, Telangana. Around 2010 it's NBFC arm raised funds from private equity investors and declared bankruptcy after couple of years. BASIX Group BASIX is the brand name of a group of companies, which are: * Bhartiya Samruddhi Investments and Consulting Services Ltd. (BASICS Ltd), is the holding company through which equity and debt investments are made in the group companies. It set up two fund based companies - Bhartiya Samruddhi Finance Ltd, a micro-finance NBFC in 1997 and Krishna Bhima Samruddhi Local Area Bank Ltd in 2001. It also promoted BASIX Academy for Building Lifelong Employability Limited, BASIX Consulting and Training Services Limited, BASIX Krishi Samruddhi Limited, and Ctran Consulting Limited. * Indian Grameen Services, is a non-profit company, registered under the Section 25 of the Companies Act. IGS was promoted by Professional Assistance ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Micro-credit
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically do not have access to traditional banking services due to a lack of collateral, steady employment, and a verifiable credit history. The primary aim of microcredit is to support entrepreneurship, facilitate self-employment, and alleviate poverty, particularly in low-income communities The United Nations declared 2005 as the International Year of Microcredit to raise awareness of microfinance as a strategy for poverty reduction and financial inclusion. By the early 2010s, microcredit had expanded significantly across developing countries, with estimates suggesting that more than 200 million people were beneficiaries of microcredit services worldwide. While widely adopted, the effectiveness of microcredit remains debated, with mixed evidence on its long-term impact on poverty alleviation. Despite its widespread adoption, the impact of microcredit on poverty alleviation remains con ...
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Chhattisgarh
Chhattisgarh (; ) is a landlocked States and union territories of India, state in Central India. It is the List of states and union territories of India by area, ninth largest state by area, and with a population of roughly 30 million, the List of states and union territories of India by population, seventeenth most populous. It borders seven states – Uttar Pradesh to the north, Madhya Pradesh to the northwest, Maharashtra to the southwest, Jharkhand to the northeast, Odisha to the east, Andhra Pradesh and Telangana to the south. Formerly a part of Madhya Pradesh, it was granted statehood on Chhattisgarh Rajyotsava, 1 November 2000 with Raipur as the designated state capital. The Jogimara and Sitabenga Caves, Sitabenga caves in Chhattisgarh, one of the earliest examples of theatre architecture in India, are dated to the Maurya Empire, Mauryan period of 3rd century BCE. The region was split between rivaling dynasties from the sixth to twelfth centuries, and parts of it were bri ...
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Bihar
Bihar ( ) is a states and union territories of India, state in Eastern India. It is the list of states and union territories of India by population, second largest state by population, the List of states and union territories of India by area, 12th largest by area, and the List of Indian states and union territories by GDP, 14th largest by GDP in 2024. Bihar borders Uttar Pradesh to its west, Nepal to the north, the northern part of West Bengal to the east, and Jharkhand to the south. Bihar is split by the river Ganges, which flows from west to east. On 15 November 2000, a large chunk of southern Bihar was ceded to form the new state of Jharkhand. Around 11.27% of Bihar's population live in urban areas as per a 2020 report. Additionally, almost 58% of Bihari people, Biharis are below the age of 25, giving Bihar the highest proportion of young people of any Indian state. The official language is Hindi, which shares official status alongside that of Urdu. The main native languag ...
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Rajasthan
Rajasthan (; Literal translation, lit. 'Land of Kings') is a States and union territories of India, state in northwestern India. It covers or 10.4 per cent of India's total geographical area. It is the List of states and union territories of India by area, largest Indian state by area and the List of states and union territories of India by population, seventh largest by population. It is on India's northwestern side, where it comprises most of the wide and inhospitable Thar Desert (also known as the Great Indian Desert) and shares a border with the Pakistani provinces of Punjab, Pakistan, Punjab to the northwest and Sindh to the west, along the Sutlej-Indus River valley. It is bordered by five other Indian states: Punjab, India, Punjab to the north; Haryana and Uttar Pradesh to the northeast; Madhya Pradesh to the southeast; and Gujarat to the southwest. Its geographical location is 23°3' to 30°12' North latitude and 69°30' to 78°17' East longitude, with the Tropic of Can ...
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Madhya Pradesh
Madhya Pradesh (; ; ) is a state in central India. Its capital is Bhopal and the largest city is Indore, Indore. Other major cities includes Gwalior, Jabalpur, and Sagar, Madhya Pradesh, Sagar. Madhya Pradesh is the List of states and union territories of India by area, second largest Indian state by area and the List of states and union territories of India by population, fifth largest state by population with over 72 million residents. It borders the states of Rajasthan to the northwest, Uttar Pradesh to the northeast, Chhattisgarh to the east, Maharashtra to the south, Gujarat to the west. The area covered by the present-day Madhya Pradesh includes the area of the ancient Avanti (India), Avanti Mahajanapada, whose capital Ujjain (also known as Avantika) arose as a major city during the second wave of Indian urbanisation in the sixth century BCE. Subsequently, the region was ruled by the major dynasties of India. The Maratha Confederacy, Maratha Empire dominated the maj ...
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Maharashtra
Maharashtra () is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to the southeast and Chhattisgarh to the east, Gujarat and Madhya Pradesh to the north, and the Indian union territory of Dadra and Nagar Haveli and Daman and Diu to the northwest. Maharashtra is the second-most populous state in India, the third most populous country subdivision in South Asia and the fourth-most populous in the world. The state is divided into 6 divisions and 36 districts. Mumbai is the capital of Maharashtra due to its historical significance as a major trading port and its status as India's financial hub, housing key institutions and a diverse economy. Additionally, Mumbai's well-developed infrastructure and cultural diversity make it a suitable administrative center for the state, and the most populous urban are ...
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Jharkhand
Jharkhand (; ) is a States and union territories of India, state in East India, eastern India. The state shares its border with the states of West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north and Odisha to the south. It is the List of states and territories of India by area, 15th largest state by area, and the List of states and union territories of India by population, 14th largest by population. Hindi is the official language of the state. The city of Ranchi is its capital and Dumka its sub-capital. The state is known for its waterfalls, hills and holy places; Baidyanath Temple, Baidyanath Dham, Parasnath, Maa Dewri Temple, Dewri and Rajrappa are major religious sites. Jharkhand is primarily rural, with about 24% of its population living in cities as of 2011. Jharkhand suffers from what is sometimes termed a resource curse: it accounts for more than 40% of Mining in India, India's mineral production but 39.1% of its populati ...
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Orissa, India
Odisha (), formerly Orissa ( the official name until 2011), is a state located in Eastern India. It is the eighth-largest state by area, and the eleventh-largest by population, with over 41 million inhabitants. The state also has the third-largest population of Scheduled Tribes in India. It neighbours the states of Jharkhand and West Bengal to the north, Chhattisgarh to the west, and Andhra Pradesh to the south. Odisha has a coastline of along the Bay of Bengal in the ''Indian Ocean''. The region is also known as Utkaḷa and is mentioned by this name in India's national anthem, Jana Gana Mana. The language of Odisha is Odia, which is one of the Classical languages of India. The ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka in 261 BCE resulting in the Kalinga War, coincides with the borders of modern-day Odisha. The modern boundaries of Odisha were demarcated by the British Indian government, the Orissa Province was established on 1 ...
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Tamil Nadu
Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India by population, sixth largest by population, Tamil Nadu is the home of the Tamil people, who speak the Tamil language—the state's official language and one of the longest surviving Classical languages of India, classical languages of the world. The capital and largest city is Chennai. Located on the south-eastern coast of the Indian peninsula, Tamil Nadu is straddled by the Western Ghats and Deccan Plateau in the west, the Eastern Ghats in the north, the Eastern Coastal Plains lining the Bay of Bengal in the east, the Gulf of Mannar and the Palk Strait to the south-east, the Laccadive Sea at the southern Cape (geography), cape of the peninsula, with the river Kaveri bisecting the state. Politically, Tamil Nadu is bound by the Indian sta ...
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Karnataka
Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Reorganisation Act, and renamed ''Karnataka'' in 1973. The state is bordered by the Lakshadweep Sea to the west, Goa to the northwest, Maharashtra to the north, Telangana to the northeast, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest. With 61,130,704 inhabitants at the 2011 census, Karnataka is the List of states and union territories of India by population, eighth-largest state by population, comprising 31 List of districts in India, districts. With 15,257,000 residents, the state capital Bengaluru is the largest city of Karnataka. The economy of Karnataka is among the most productive in the country with a gross state domestic product (GSDP) of and a per capita GSDP of for the financial year 2023– ...
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Government Of India
The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union territories of India, 36 states and union territories. The government is led by the president of India (currently ) who largely exercises the executive powers, and selects the Prime Minister of India, prime minister of India and other ministers for aid and advice. Government has been formed by the The prime minister and their senior ministers belong to the Union Council of Ministers, its executive decision-making committee being the Cabinet (government), cabinet. The government, seated in New Delhi, has three primary branches: the legislature, the executive and the judiciary, whose powers are vested in bicameral Parliament of India, Union Council of Ministers (headed by prime minister), and the Supreme Court of India respectively, with a p ...
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