With Yunus at the helm, Bangladesh reaching its potential is in India's best interest
Indian news outlet - The Wire - in its recent article highlights how a successful Bangladesh, under Chief Adviser Professor Muhmmad Yunus, is more likely to be a strong ally of India than a failing one.
Vinod Khosla, a businessman and venture capitalist, wrote the opinion released in The Wire on 27 October.
Following is the full text of the full article.
As a proud American and son of India, I look with hope at the exciting possibilities surrounding Professor Muhammad Yunus's leadership of Bangladesh. Three days after Prime Minister Sheikh Hasina fled the country on August 5, Yunus was sworn in as Bangladesh's interim government head.
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Yunus, whom I consider a friend and have known for decades, accepted that post at the insistence of the student leaders who were at the forefront of the student-led struggle.
I am an entrepreneurship zealot, a believer in the power of ideas, and passionate about sustainability and impact. I am in awe of what Yunus has accomplished in his life. I work to bring life-enhancing technology to the world through my investments. Yunus, through endless experimentation and tinkering, has developed a series of institutional success models for reducing poverty, improving health care and education outcomes, and combating climate change.
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For example, in 1996, Yunus succeeded in putting cell phones in the hands of hundreds of thousands of poor women in rural villages in Bangladesh, allowing them to generate income as village cell phone ladies. I am passionate about protecting our environment. Yunus founded a company that, beginning in 1995, has installed 1.8 million solar home systems and 1 million clean cook stoves, again almost exclusively in rural Bangladesh.
That doesn't even include the creation of Grameen Bank that has cumulatively made US$39 billion in small, mostly income-generating loans to more than 10 million poor women that became a model for similar efforts in India and many other countries.
But now, Yunus has turned his attention to a new challenge, leading the eighth largest country in the world by population, a nation of more than 170 million people. This is a country with about half the population of the United States all in a land mass equal to the U.S. state of Illinois.
There are people throughout Bangladesh and around the world who are batting for Yunus's success. I am one of them. But there are others who want him and the interim government he leads to fail and are spreading false narratives about what is going on under his leadership. So I would like to share my perspectives about his values, his approach, and his early results.
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