May Day or Labor Day is celebrated across the world on 1st May every year to mark the eight-hour day labor movement advocated 8 hrs of work, 8 hrs for recreation and 8 hrs for rest. In India, labor day was celebrated on Chennai's Marina Beach in 1923 by Labour Kisan P:arty of Hindustan.
Grameen Bank is a microfinance and community development bank first started in Bangladesh in the year 1983. By the name itself, it is mainly for the village people to give small loans (microcredit).