Melting Entrepreneurs of India
There is a shortage of 1 Rupee coin in India, particularly in the eastern part of India. All this is because of great business opportunity to export shaving blades to a neighbouring country. In Bangladesh, sales realization of a shaving blade is Rupee 3-4 per piece. Innovative entrepreneurs in Kolkatta, melt 1 rupee coin, make shaving blade and export to Bangladesh. Poor Government of India, it cost them more than 1 Rupee to make 1 Rupee coin There is another product marketing situation where Govt of India is at the receiving end. And that product is Condom. Population of India is a billion but it also has nearly 6 million people afflicted with HIV and that’s why Govt of India to control ballooning population of India and restrict spread of HIV provides nearly 900 million free condoms. But most are usurped by entrepreneurs for variety of profit making product applications than it was intended for. Smart innovative Indian entrepreneurs have made availability of condom into a free availa...