Comilla Project
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Comilla Project
The Comilla Model was a rural development programme launched in 1959 by the East Pakistan Academy for Rural Development. The academy, which is located on the outskirts of Comilla town, was founded by Akhter Hameed Khan, the cooperative pioneer who was responsible for developing and launching the programme. While the results of the model ultimately frustrated Khan's ambitions, it has important implications for rural community development, particularly cooperative microfinance and microcredit. Origins and purpose The Comilla Model was Khan's reply to the failure of ''Village Agricultural and Industrial Development'' (V-AID) programme, launched in 1953 with technical assistance from the US government. The V-AID was a governmental level attempt to promote citizens participation in the sphere of rural development. Khan argued that for Comilla to develop rapidly, the farmers in its villages must be able to rapidly expand their production and sales. The main constraint they faced w ...
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Bangladesh Academy For Rural Development
Bangladesh Academy for Rural Development (BARD) () started its journey on 27 May 1959 as a Training, Research and Action Research institute in rural development. The founder director of this academy dedicated to the leadership of Akhtar Hameed Khan, some researchers carried out continuous experiments with rural people and developed some model programs for rural development in this country. In the early sixties, the problems that were prevalent in rural areas were identified. BARD is an autonomous organization under the Department of Rural Development and Cooperatives of the Ministry of Local Government, Rural Development and Cooperatives. The Board is governed by a 21-member Board of Directors whose Chairman is the Honorable Minister of the Ministry of Local Government, Rural Development and Cooperatives. The director general serves as the chief executive of the academy, to which an additional director general and nine directors provide assistance. All the activities of the Acade ...
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Accountants
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant, or Registered Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization's financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations. Cahan & Sun (2015) used archival study to find out that accountants' personal characteristics may exert a very significant impact during the audit process and further influence audit fees and audit quality. Practitioners have been portrayed in popular culture by the stereotype of the humorless, introspective bean-counter. It has been sug ...
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Rural Development In Bangladesh
In general, a rural area or a countryside is a geographic area that is located outside towns and city, cities. Typical rural areas have a low population density and small settlements. Agriculture, Agricultural areas and areas with forestry are typically described as rural, as well as other areas lacking substantial development. Different countries have varying definitions of ''rural'' for statistical and administrative purposes. Rural areas have unique economic and social dynamics due to their relationship with land-based industry such as agriculture, forestry, and resource extraction. Rural Rural economics, economics can be subject to boom and bust cycles and vulnerable to extreme weather or natural disasters, such as Drought, droughts. These dynamics alongside larger economic forces encouraging urbanization have led to significant demographic declines, called rural flight, where economic incentives encourage younger populations to go to cities for education and access to job ...
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Orality
Orality is thought and verbal expression in societies where the technologies of literacy (especially writing and print) are unfamiliar to most of the population. The study of orality is closely allied to the study of oral tradition. The term "orality" has been used in a variety of ways, often to describe, in a generalised fashion, the structures of consciousness found in cultures that do not employ, or employ minimally, the technologies of writing. Walter J. Ong's work was foundational for the study of orality, and exemplifies the fact that despite the striking success and subsequent power of written language, the vast majority of languages are never written, and the basic orality of language is permanent. In his later publications Ong distinguishes between two forms of orality: 'primary orality' and 'secondary orality'. Primary orality refers to thought and expression un-touched by the culture of writing of print; '' secondary orality'' is explained by Ong as oral culture defi ...
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Solidarity Lending
Solidarity lending is a lending practice where small groups borrow collectively and group members encourage one another to repay. It is an important building block of microfinance. Operations Solidarity lending takes place through 'solidarity groups'. These groups are a distinctive banking distribution channel used primarily to deliver microcredit to poor people. Solidarity lending lowers the costs to a financial institution related to assessing, managing and collecting loans, and can eliminate the need for collateral. Since there is a fixed cost associated with each loan delivered, a bank that bundles individual loans together and permits a group to manage individual relationships can realize substantial savings in administrative and management costs. In many developing countries the legal system offers little, if any support for the property rights of poor people. Laws related to secured transactions – a cornerstone of Western banking – may also be absent or unenfor ...
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Akhtar Hameed Khan
Akhter Hameed Khan (, pronounced ; 15 July 1914 – 9 October 1999) was a Pakistani-Bangladeshi development practitioner and social scientist. He promoted participatory rural development in Pakistan, West Pakistan, Bangladesh, East Pakistan and other developing countries, and widely advocated community participation in development. His particular contribution was the establishment of a comprehensive project for rural development, the Comilla Model (1959). It earned him the Ramon Magsaysay Award from the Philippines and an honorary Doctorate of law from Michigan State University. In the 1980s he started a bottom-up community development initiative of Orangi Pilot Project, based in the outskirts of Karachi, which became a model of participatory development initiatives. He also directed many programmes, from microcredit to self-finance and from housing provision to family planning, for rural communities and urban slums. It earned him international recognition and Civil decorations o ...
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Elite Capture
Elite capture is a form of corruption whereby public resources are biased for the benefit of a few individuals of superior social status in detriment to the welfare of the larger population. Elites are groups of individuals who, because of self-ratifying factors such as social class, asset ownership, religious affiliations, political power, historic discrimination among social groups, political party affiliation, or economic position, have decision-making power in processes of public concern. This specific form of corruption occurs when elites use public funds, originally intended to be invested in services that benefit the larger population, to fund projects that would only benefit them. This form of corruption is differentiated from outright criminal corruption such as embezzlement, misappropriation, or other diversion of funds by a public official. Elite capture is related to information asymmetry, inefficient regulation or inefficient allocation of resources. This causes ...
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Autonomy And Independence (cooperatives)
The Rochdale Principles are a set of ideals for the operation of cooperatives. They were first set out in 1844 by the Rochdale Society of Equitable Pioneers in Rochdale, England, and have formed the basis for the principles on which co-operatives around the world continue to operate. The implications of the Rochdale Principles are a focus of study in co-operative economics. The original Rochdale Principles were officially adopted by the International Cooperative Alliance (ICA) in 1937 as the Rochdale Principles of Co-operation. Updated versions of the principles were adopted by the ICA in 1966 as the Co-operative Principles and in 1995 as part of the Statement on the Co-operative Identity. Current ICA version of co-operative principles The Rochdale Principles, according to the 1995 ICA revision, can be summarised as follows. Voluntary and open membership The first of the Rochdale Principles states that co-operative societies must have an open and voluntary membership. Acc ...
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Statement On The Co-operative Identity
The International Cooperative Alliance (ICA), established in 1895, is a non-governmental organization dedicated to uniting, representing, and supporting cooperatives around the world. It is the guardian of the internationally recognized definition, values, and principles of cooperatives, as outlined in the ICA Statement on the Cooperative Identity. Today, the ICA represents 315 cooperative federations and organizations across 107 countries. Functioning as a global platform, the ICA promotes collaboration among cooperatives by enabling the exchange of knowledge, sharing of expertise, and coordination of joint initiatives. Its diverse membership includes both international and national cooperative organizations operating across various sectors, such as: * Agriculture * Banking * Consumer goods * Fisheries * Health * Housing * Insurance * Industry and services The ICA has members from over 100 countries, representing approximately one billion individuals worldwide. At the United ...
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