3. Pharma IssuesThe pharmaceutical industry in India is the third largest on the planet by way of volume and 11th largest by way of value. It contributes 3.5 percent of the whole medicine and medicines exported globally and about 20 percent of the global exports of generic drugs. If these exports are in doubt, there shall be all kinds of penalties for health care all over the world, which is able to again feed through to world growth.

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As a part of its marketing strategy, Grameen gave would-be entrepreneurs often known as «phone ladies» loans to buy a cellphone. The telephone ladies might then promote time on the telephone to neighbors who wanted to make a name. The phone and its paraphernalia and fees – antenna, charger, battery, safety deposit, connection charge – value roughly $seven hundred in the early 2000s.

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