Indian origin Edisson did his Ph.d in Economics from University of Maryland USA. He worked at a private company for 20 years in USA. He decided to return india Since he earned hand full of money. Edisson planned to spend his remaining days in any college as a professor teaching his famous Subject economics.
He got a job in a university which is located at remote place in north-east India. He had a deep knowledge in economics so all the students were eagerly attending his class. He enjoy his class and his students too.
One fine day he went to a hotel which is 1 km from his college. It made a big turning point for Mr.Edisson. He came through lots of people who were so poor and are in the stage to die. The land is very dry and its people were skinny due to less food. They hardly had money to purchase food items.
He was very much vexed on seeing this poor people. He thought doing a ph.d in economics is mere waste if he cannot help poor people. The scene was running in his mind for several days. One day he decided to see the poor woman in personal to enquire them. The main job of those poor women were making bamboo chairs and tables. The chairs and tables were fantastic and they had a very good skill in making it. But they can only earn a few rupees. On speaking with them he came to know the tragetic story behind those skiny people.
People used to buy money from fincance companies Since they dont have money to invest. The cost of 1kg bamboo stick is just Rs25. And they can sell it for Rs40. so the profit is RS15. But they hardely earned Rs2 for each chair Because of their deal with finance compaines. Once the poor women made the chairs they have to sell it to finance company owners only. In return they will give them just Rs.2 for their hard work.
[cost and quantity are just for assumption]
Professor was helpless on seeing those scene. After a week Mr. Edisson called his student to assemble below a banyan tree near his college. He ordered his students to collect the name of poor women in that village within one day. Next day he went there with his student and gave Rs50 to each poor men and women to invest for their buisness. He reminded the skiny people that its just a loan and must return once they begin to earn profit. On hearing this all the people were happy. Edisson's student were shocked at professors kind heart.
On next day he wrote a quote in his class board which never erased in the heart of students; it was
"Education is useless if u cant help the needy people at time"
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