Organised by United Nations Development Programme 19 th November 2013 Venue National Institute of Urban Affairs India Habitat Centre, Lodhi Road, New Delhi By Dr. Pradip Kumar Sarmah, (Ashoka Lemelson Fellow) Founder Rickshaw Bank & Executive Director, Centre for Rural Development.

PEOPLES’ MINDSET: the Road is for you. You get “first priority” to do whatever you like. you are “At your Own Risk”. If possible, install eyes at the back of your head. you are “illegal” and there is no space for you on the road. Be thankful we are not throwing you out. “Stay at home”! Cars Cyclist & Pedestrian Rickshaws Physically challenged

Requisite mode of transport Requisite mode of transport in all cities Convenient for short term distances Essential mode of mobility within one’s vicinity Provides Accessibility at Low cost Energy efficient and Eco-friendly source Promotes Social Employability Access to livelihood for unskilled and semi-skilled workers

10 million rickshaw pullers Seasonal migrants, unskilled and semi skilled laborers Rickshaw are hired on rent basis. Money earned by them mostly goes to rickshaw owner Rickshaw drivers - vulnerabl e and socially disadvant aged community (harassed, HIV-AIDS, exploited) Informal Sector - Lack of identity. Lives in slums, unauthor ized colonies or on streets.

Modified Tricycles Widely used in Urban and Semi Urban Areas Self utilized by People Run by a Rickshaw Puller 20 Mil.

Improving informal transport: Challenges and solutions Rickshaw Bank6

7 Social recognition Identity Licensing (single/hire) Seized/disposed Traffic Social recognition Identity Licensing (single/hire) Seized/disposed Traffic Rickshaw design Separate lane Training Parking space Rickshaw design Separate lane Training Parking space Migrant Finance Insurance Social security Migrant Finance Insurance Social security

Changes to rickshaws (shown on left): Aero-dynamically designed, thus lighter More spacious More attractive to clients Comfortable for all age groups Longer life Rickshaw designed by IIT, Guwahati Changes to rickshaws (shown on left): Aero-dynamically designed, thus lighter More spacious More attractive to clients Comfortable for all age groups Longer life Rickshaw designed by IIT, Guwahati Old vs. Rickshaw Bank 8Rickshaw Bank

Our Solution:  A newly designed rickshaw payable through a minimal daily installment.  Micro Asset Loans for Ownership of the rickshaw,  Insurance, uniform, licenses, a photo ID  Training, health care, cooking gas etc. Improvement of Rickshaw Pullers 9Rickshaw Bank

Eye/ Healthcare Family planning Provide for Drivers: Income Potential savings Access to financial institutions Insurance Licenses Photo IDs Peer learning meetings Uniform Training Maintenance Children’s schooling Clothing Cooking gas Provide for families: An Asset: A Rickshaw One Window Solution 10Rickshaw Bank

RP (Rickshaw Puller) RP 1 RP 2 RP 3 RP 4 RP 5 RP GROUP Collection/Meetings/Repair Creation of New Entrepreneurs

Different types of rickshaws 12Rickshaw Bank

With the same financing norms the other carts are provided to the people which give an assets to own for employment generation. Other Carts 13Rickshaw Bank

Glimpses of workshop at Guwahati 14Rickshaw Bank

Government of Assam is providing a 25% subsidy to rickshaw drivers.

Punjab National Bank(PNB) has taken up the initiative with their own scheme for the Rickshaw Finance. We initiated the programme and than hand it over to the local organisation. Expansion with the partnership 16 Rickshaw Bank

ONGC IOC HLL AIF DST, GOI. Government of Assam Punjab National Bank/Union Bank UN Solution Exchange Ashoka AIESEC Indian Red Cross Sandeep Enterprises AFNA IIT, Guwahati MIT, Boston Olin College of Engineering Northeastern University Yale University Guwahati Medical College Collaborations 17Rickshaw Bank

A complete package of three lights (one each at front, rear and inside the rickshaw), one FM radio and a mobile charger makes our rickshaw as a High-tech rickshaw that attracts more people in general. These new high-tech carts have been able to attract the youth groups more for doing some business on their own and these carts have become a benefit for the growth of the entrepreneurship in an area that enhances the local economy in turn. New light with Solar power 18Rickshaw Bank

Rickshaw bank is entered in the Case bank of the 19 Rickshaw Bank

 The Rickshaw Bank won The Citizen Base Investment Award 2003 for its concept at National Stock Exchange Building, Mumbai in November,  IIM, Bangalore selected Rickshaw Bank project under their Microfinance Incubation Programme, during November – December,  The Change makers Innovation Award Competition: Market- Based Strategies that Benefit Low-Income Communities at National Press Club, Washington on April 5,  The Micro Finance Process Excellency Award, 2006 at New Delhi on April 7, 2006 given by the Planet Finance and the ABN Amro Bank.  The Rickshaw Bank has got its recognition in the Limca Book of Records as First Rickshaw Bank under the business section in Recognition and Awards 20Rickshaw Bank

 Srijan 2007 Microfinance Business Plan Competition 3 rd Prize at Hyderabad on April 25,  One of the finalist of the Micro Insurance Awards, 2007 at Hyderabad on July 27, 2007  Asian Innovation Awards, 2007 at Singapore on 13 th November,  The Assam Chief Minister’s Best Community Action Development Award, 2008 on August 15, 2008  India NGO Award, 2008 for the medium category from the Eastern Region.  Rickshaw bank also awarded as Best Innovative Project of the year,  Rickshaw Bank received the Tech Laureate award 2011 at San Jose, USA given by the Applied Materials & Tech Museum. Recognition and Awards 21Rickshaw Bank

22 The Founder, Rickshaw’s Bank and Executive Director, Centre for Rural Development, Dr. Pradip Kumar Sarmah, calling on the President of India, Shri Pranab Mukherjee at Rashtrapati Bhavan in New Delhi on August 14,2012

Innovation Partners Research and Technology Institutes New innovative designs of rickshaw can be produced Both consumer and rickshaw puller friendly. Technological solution for the MIS. Sponsorship Partners Private and Public Sector Companies Support or Sponsor a Rickshaw Puller Aid in establishment of National Fund / Rickshaw Centre Nationalized / Regional Bank State Partners Municipal Corporations and Resident Welfare Association agencies to recognize and register rickshaw pullers. Avail rickshaw services on daily basis by the nearby residents giving legal recognition to rickshaw pullers. These organizations can provide them with license Impart training with respect to traffic rules and regulations. Insurance / Technology Partners Insurance companies property and casualty coverage will be granted to these rickshaw pullers and families. Government Schemes relating to Insurance of life, Health. Government schemes for the Pension.

Thank you Dr. Pradip Kumar Sarmah (Ashoka Lemelson Fellow) Founder Rickshaw Bank & Executive Director Centre for Rural Development (CRD) Mobile: Website: Rickshaw Bank