Maratha entrepreneurs push youth to explore business options

Summary: The Aurangabad-based Maratha Business Network (MBN) will kick-off a private limited company to supply equipment needed in the construction industry and hand-hold youth to launch business ventures.
Pawar added hard-line Maratha groups and political parties were using Maratha youth as “mercenary armies.”
While Maratha bodies will organise a silent protest in Mumbai on Wednesday seeking quotas in employment and education, a group of Maratha entrepreneurs have launched a venture to convert job seekers from the community into job-givers.
The MBN, which announced this in a meeting of Maratha entrepreneurs on Sunday, is zeroing down on land on the Aurangabad- Beed bypass for the mall.
Deepak Pawar, assistant professor, department of civics and politics, University of Mumbai, noted that the Maratha community had increased its strength in Maharashtra on the basis of government patronage.

The MBN, which announced this in a meeting of Maratha entrepreneurs on Sunday, is zeroing down on land on the Aurangabad- Beed bypass for the mall. So far, over 100 members have signed up for the venture.

While Maratha bodies will organise a silent protest in Mumbai on Wednesday seeking quotas in employment and education, a group of Maratha entrepreneurs have launched a venture to convert job seekers from the community into job-givers. The Aurangabad-based Maratha Business Network (MBN) will kick-off a private limited company to supply equipment needed in the construction industry and hand-hold youth to launch business ventures.

Despite impressive turnouts at the ‘Maratha Kranti Morchas’ organised across Maharashtra since last year, community leaders admit they needed to move beyond quotas in government jobs and educational institutions at a time when the state was gradually withdrawing from these sectors , As Reported By DNAIndia.

According to the Newspaper,They stress that members of the community, who have traditionally relied on farming and public sector employment, need to diversify into entrepreneurship for sustenance.

“We are a group of small entrepreneurs who have joined hands to help each other through training and problem solving for members,” said Ram Pawar of the MBN. Pawar, an Aurangabad-based builder, said they would float a private limited company under the “Rayat” brand name to launch a “construction mall” supplying building-related material and equipment to developers. “This construction mall will sell material like bricks, paints, steel and other hardware needed for the business,” he added, stating that shareholders will have to contribute Rs 25,000 each as equity with remaining money being raised as debt.

The MBN, which announced this in a meeting of Maratha entrepreneurs on Sunday, is zeroing down on land on the Aurangabad- Beed bypass for the mall.

Source: http://www.dnaindia.com/mumbai/report-maratha-entrepreneurs-push-youth-to-explore-business-options-2523626

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