The Monthly knowledge sharing & networking meeting of UNGC was hosted by ICCo for the month of June. The event was held at IICC (India Islamic Cultural Centre) on 24th June, 2016, between 4pm – 6pm. The discussion centred around ‘Role of Private Sector in Impacting Bottom of Pyramid Livelihoods for the Poor’ which was the chosen topic for the month. Mr. A K Pavadia (Former Additional Secretary &Adviser, Inter-State Council Secretariat, Ministry of Home Affairs, Government of India) was the keynote speaker for the event. Other distinguished panelists included Mr. Pooran Pandey (Executive Director, UNGC,), Mr. Alay Barah (Executive Director, ICCo), and Mr. Akhilesh Kumar (CSR, ACC).
Setting the order for the meeting, Mr. Pooran Pandey introduced the panelists and elaborated on the topic of the monthly meeting. Mr. Pandey shared his experience about the contemporary scenario of the topic under discussion.
Mr. Alay Barah, on behalf of ICCo and UNGC, then welcomed the gathering through a formal address and encouraged everyone to participate actively in the discourse.
This was followed by a stimulating key note address from Mr. A.K. Pavadia. Highlighting the role of the Private sector to reach out to the Bottom of Pyramid (BoP) population, Mr. Pavadia emphasized that the attitudinal focus of the sector will play a very significant part in the contribution they make. He advocated that initiatives of the private sector should be focussed on welfare of the people and profit has to be a by-product rather than the other way round. To substantiate that this was doable, he gave examples like ITC Choupal which focussed on people’s development first and profits later.
The key note address was followed by a presentation by Mr. Alay Barah on the topic. Mr. Barah highlighted the scope for private sector interventions, and need for Public Private Partnerships (PPP). He stressed that private sector does not limit to the big corporate houses but is inclusive of every Small and Medium enterprises and even single proprietors that have immense potential to reach out to the BoP population.
Mr. Akhilesh Gupta, representing ACC, also made a presentation of the organization’s work. He mostly spoke about the diverse works that ACC is engaged in to benefit the BoP population. Citing examples of programs like DISHA, Low External Input Sustainable Agriculture (LEISA), and Swavlamban, Mr. Gupta informed the gathering that these programs were targeted at the youth, farmers, and women respectively.
Ms. Pinky Pradhan, Sr. Program Manager, ICCo, in her concluding remarks emphasized how such meetings were important to bring all the relevant stakeholders to a common platform and to take the development process forward effectively. She thanked everyone for their participation and contribution for the successful conclusion of the knowledge sharing meeting.
There was a good turnout of participants from the NGO’s, Knowledge institutions, Public, and the Private sector for the event.