This is the first time the Union government will be taking the help of foreign experts for slum development, according to sources in the ministry of housing and urban poverty alleviation.
Known as the 'poor man's capitalist' for his insistence that market economies must work to include their poorest citizens socially, legally and economically, de Soto is a legend in academia for his work on informal economies and how to bring impoverished populations into the mainstream.
In a conversation with Sreelatha Menon, he says anything that brings assets to the poor is great, but the poor also need an access to macrofinance.
India's Centre for Civil Society and the International Development Enterprises India bagged the coveted awards.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances