Mahindra commended at the World Business and Development Awards (WBDA)
Mahindra won an award for its contribution to inclusive business practices that help combat poverty, at the World Business and Development Awards.
- (1888PressRelease) September 25, 2010 - Mahindra wins a commendation at the World Business and Development Awards (WBDA) for its contribution to inclusive business practices that help combat poverty.
The biennial WBDA showcase the best practices by businesses, from every region of the world, who apply their inclusive business expertise to the worldwide efforts to end poverty.
It is hosted by the International Chamber of Commerce (ICC), the International Business Leaders Forum (IBLF) and the United Nations Development Programme (UNDP).
This year an unprecedented 172 nominations were received, representing a variety of business and commercial endeavours, and included business associations, NGOs and individual companies from more than 42 countries.
'Doing business with the poor has shown not only to be a potential boost to a company's competiveness, but also -with the right business model- to be a force in the fight against poverty,' said UNDP Administrator Helen Clark.
'The true spirit of the Awards lies in the pursuit of productive and innovative business driven solutions, in partnership with government and other partners, as well as building greater awareness of the MDGs in the business community,' explained ICC Chairman Rajat Gupta.
'At USAID, we believe in inclusive economic growth,' said USAID Administrator Dr. Rajiv Shah. It's not only about supporting the establishment of small-and medium-sized businesses, we need to reshape attitudes about women in the mainstream workforce, and linking local communities with private enterprise in order to build a culture of entrepreneurship.
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