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Social Entrepreneurship in India: Suchismita Mishra

Social entrepreneurship addresses social issues in India by creating employment and opportunities for underprivileged groups. Qualities of social entrepreneurs include creativity, leadership, and adaptability. Major issues addressed are rural poverty, unemployment, and educational crisis. Examples provided are organizations that provide vocational training, IT jobs in rural areas, and education programs. Challenges faced by social entrepreneurs include raising funds, creating awareness, building sales teams, investing in people, and balancing vision with business needs.

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105 views13 pages

Social Entrepreneurship in India: Suchismita Mishra

Social entrepreneurship addresses social issues in India by creating employment and opportunities for underprivileged groups. Qualities of social entrepreneurs include creativity, leadership, and adaptability. Major issues addressed are rural poverty, unemployment, and educational crisis. Examples provided are organizations that provide vocational training, IT jobs in rural areas, and education programs. Challenges faced by social entrepreneurs include raising funds, creating awareness, building sales teams, investing in people, and balancing vision with business needs.

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suchismita mishra
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SOCIAL

ENTREPRENEURSHIP
IN INDIA
Suchismita mishra
what is social entrepreneurship ?
◦ Social entrepreneurship is an approach by start-up companies and entrepreneurs, in which they develop,
fund and implement solutions to social, cultural, or environmental issues.
Importance of social entrepreneurship in
india :

◦ Addresses social issues.


◦ Creates employment.
◦ Provides opportunities to the underprivileged sections of the society.
◦ Innovation of new goods and services.
Qualities of a social entrepreneur:
◦ Creativity
◦ Self-confidence
◦ Perseverance
◦ Leadership
◦ Team spirit
◦ Adaptability
◦ innovative
◦ Good collaborator
major Issues addressed by social
entrepreneurs in India:
Rural poverty :
• One-third of the country’s population of more than 1.2 billion
is below the poverty line and a large proportion of this poor
lives in rural India.
• A major cause of poverty among India’s rural people, both
individuals and communities, is lack of access to productive
assets and financial resources.
• High levels of illiteracy, inadequate health care and extremely limited access to social services are
common among poor rural people.
Unemployment :
◦ a UN labor report projects about 17.8 million unemployed people. At the same time, a million Indians
reach the employment age every month.
◦ RuralShores, a social enterprise, works with the objective of assimilating rural India into the knowledge
economy by providing job opportunities to the rural youth of the country.
◦ RuralShores establishes IT and BPO companies in rural areas leveraging factors like availability of
untapped talent, affordable real estate and lower labour and operational costs.
Educational crisis :

◦ A recent report tabled in parliament stating that over 100,000 schools in India have just one teacher is an
alarming wake-up call for the government and all stakeholders.
◦ 76% of the students do not make it to the higher education system.
◦ Teach For India looks to solve this complex problem through a Fellowship program.
◦ The Teach For India Fellowship program, is an opportunity for India’s brightest and most promising
youth to serve as full-time teachers to children from low-income communities in some of the nation’s
most under-resourced schools.
Vikash das
Vat Vrikshya

◦ Vikash Das, the founder of Vat Vrikshya left his lucrative job at IBM to contribute to the society.
◦ Vat Vrikshya is based in Odisha and work towards the upliftment of women artisans.
◦ It has transformed the life of these women through vocational training, general awareness education, soft
loans and community development programmes.
◦ Vikash started the venture all alone but now his team has 72 actively involved and equally motivated
people and volunteers who help him share his vision.
BINAYAK ACHARYA
THINK ZONE

◦ ThinkZone, an award winning social impact start-up from Cuttack providing high quality, low-cost
education to underserved children in low resource communities.
◦ has announced its plans of expanding its footprint in the state of Odisha by creating jobs for 300 women
micro-entrepreneurs.
◦ The social enterprise is in talks to implement its pedagogy in government run primary schools as well the
local Anganwadis (early-childcare centers) in the next one year.
Urvashi sahni
SHEF

◦ She is the founder and CEO of SHEF (Study Hall Education Foundation), an organization dedicated to
offering education to the most disadvantaged girls in India.
◦ Urvashi Sahni has worked with over 900 schools and changed the life of 150,000 girls (directly) and
270,000 girls (indirectly) with her program.
◦ She was rightly felicitated with the ‘Social Entrepreneur Of The Year‘ award in 2017 for her selfless act
of dedication and passion.
Anshu gupta
goonj

◦ Born in a middle-class family in Uttar Pradesh, took media as a profession and while as an intern he
witnessed the need of proper clothing for the poor in rural India.
◦ Anshu then founded Goonj, a social enterprise that collects used clothing from the urban crowd, sort
them, fix and later distribute among the poor and needy.
◦ The relief work was done by Goonj during the times of natural calamities in Gujarat, Tamil Nadu and
Kerala have been highly acknowledged.
Challenges faced by social entrepreneurs
in India :

◦ Raising funds in times of austerity.


◦ Lack of Awareness amongst the general public.
◦ Need for a Proper Sales Team.
◦ Investing in the right people.
◦ Balancing the vision with business.

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