Why we need Social Entrepreneurship?

• India is ranked 129 out of 189 countries listed in UNDP’s Human Development Index report 2019
• Multi-dimensional poverty estimates as per UNDP report is 369.5 million people (27.9% of total population)
• As per World Bank’s extreme poor indicator, i.e. people earning less than 1.90 USD per day is 21.2% of total population
• As per Oxfam International’s Inequality report 2019, India’s top 10% owns 77.4% of national wealth whereas bottom 60% of population owns merely 4.8% of national wealth

All the above indicate that there is a greater inequality in India and there is a long way to address all the social and environmental problems. Under this context, the role of Social Entrepreneurship & social entrepreneurs is important for achieving the inclusive growth and mainstreaming the poor & the marginalized.

What is Social Entrepreneurship?

Social Entrepreneurship is addressing a social / environmental problem that has been neglected by other stakeholders, with an innovative solution & a sustainable model.
The solution evolved by the Social entrepreneur will have a sustainable business model so as to reach the target group in scale and in an efficient manner and creating a tangible impact in the lives of the target group and in the society.