Nobel Peace Laureate Dr. Mohammad Yunus

This year’s Nobel Peace Laureate Dr. Mohammad Yunus of Bangladesh is among the best possible recipients of the Nobel laurel. Pioneer of the micro credit financing scheme, he has played a role no less than possibly Mother Teresa’s in the lives of his countrymen and countless others around the world where the micro credit system has been put to practice.

85% of the educated world is populated with people who write tomes on economics, global warming, North Korea going nuclear and generally making a basket case of this world, 10% spend their lives waging war a.k.a. M/s Bush, Bin Laden etc. The balance 5% is what makes the world tick. It takes the likes of Dr Yunus to really go into the heart of pressing human problems and evolve truly unique solutions. Economic inequality, lack of access to education and religious narrow mindedness are the most potent causes of friction in society today. Dr. Yunus’s greatest contribution has been to craft uncluttered and practical 'on-the-ground' solutions, to help people escape the drudgery of poverty, based on the basic human principles of trust, honesty, and willingness to work hard.

The fact that women are the biggest beneficiaries of his schemes will ensure that generations to come will reap the benefit of his poverty eradication mission.

Congratulations Dr. Yunus!