SOCIAL

ENTREPRENEURSHIP IN
INDIA
SUBMITTED BY
DHRUTI BHATIA
ROLL NO : 2018MMS062

UNDER THE GUIDANCE OF

PROF. MAKARAND POLE
OBJECTIVES OF THE STUDY
• TO STUDY SOCIAL ENTREPRENEURSHIP WITH ITS BASIC FRAMEWORK.
 
• TO UNDERLINE THE ROLES AND RESPONSIBILITIES OF SOCIAL ENTREPRENEURS
IN INDIA SOCIETY.
 
• TO STUDY THE OVERALL CONTRIBUTION OF SOCIAL ENTREPRENEURSHIP AND
SOCIAL ENTERPRISES IN INDIA.
 
• TO LIST OUT THE CHALLENGES FACED BY SOCIAL ENTREPRENEURSHIP IN INDIA.
 
• TO GIVE SUGGESTIONS TO FACE PREVAILING CHALLENGES FOR SOCIAL
ENTREPRENEURSHIP IN INDIA.
INTRODUCTION TO THE TOPIC

SOCIAL ENTREPRENEURSHIP CAN BE DEFINED AS:

SOCIAL ENTREPRENEURSHIP IS THE WORK OF A SOCIAL ENTREPRENEUR. A SOCIAL

ENTREPRENEUR IS SOMEONE WHO RECOGNIZES A SOCIAL PROBLEM AND USES
ENTREPRENEURIAL PRINCIPLES TO ORGANIZE, CREATE, AND MANAGE A VENTURE
TO MAKE SOCIAL CHANGE. WHEREAS A BUSINESS ENTREPRENEUR TYPICALLY
MEASURES PERFORMANCE IN PROFIT AND RETURN, A SOCIAL ENTREPRENEUR
ASSESSES SUCCESS IN TERMS OF THE IMPACT SHE/HE HAS ON SOCIETY.”
CHARACTERISTICS OF SOCIAL
ENTREPRENEURSHIP

• RISK TAKING CAPACITY

• HAS VISION & FORESIGHT

• LEADERSHIP QUALITY

• CREATIVE

• CREATING SOCIAL VALUES

• SOCIAL INNOVATIONS
SOCIAL ENTREPRENEUR OF INDIA

Sanjit "Bunker" Roy

RESEARCH METHODOLOGY

• SOURCE OF DATA - THE RESEARCH IS BASICALLY BASED ON

SECONDARY DATA COLLECTION AND THE DATA COLLECTED
COMES FROM RESEARCH PAPERS, NEWSPAPER ARTICLES, AND
VARIOUS STATISTICS AVAILABLE ON THE INTERNET AND OTHER
SECONDARY MEDIUMS.

• TYPE OF RESEARCH - DESCRIPTIVE RESEARCH

DATA ANALYSIS AND INTERPRETATION

CHALLENGES FACED BY SOCIAL ENTREPRENEURSHIP IN INDIA

 

• CONFUSION WITH SOCIAL WORK

• THE PROBLEM OF CREATIVITY

• ARRANGING FINANCE

• SHORTAGE OF TALENTED/DEDICATED WORKFORCE

• SETTING AND COMMUNICATING VALUE OBJECTIVELY

• ELEVATING THE INDIVIDUALS

• LACK OF AN ETHICAL FRAMEWORK

• THE COMMERCIAL ASSUMPTION

• LACK OF EVIDENCE

• LACK OF PLANNING AND APPROPRIATE STRUCTURE

MEASURES TO FACE CHALLENGES
EFFECTIVELY
• PROPER TRAINING AND DEVELOPMENT INSTITUTIONS
• INCLUSION OF SOCIAL ENTREPRENEURSHIP IN COURSE
SYLLABUS
• CREATION OF MASS AWARENESS
• PROVIDING INFRASTRUCTURE AND BASIC FACILITIES
• SOCIAL ENTREPRENEURSHIP DEVELOPMENT PROGRAMMES
• FUNDING TO SOCIAL ENTREPRENEURSHIP
• GOVERNMENT PROJECTS
• AWARDS AND PUBLIC FELICITATION
CONCLUSION & FINDINGS
• SOCIAL ENTREPRENEURSHIP IS A BEST COMBINATION OF SOCIAL
SERVICE AND ENTREPRENEURIAL SKILLS TO LOOK FOR SOCIAL
PROBLEMS.
• SOCIAL ENTREPRENEURSHIP HAS THE CAPACITY TO SOCIALLY
INNOVATE. THESE INNOVATIONS ARE THE EXACT AND CREATIVE
ANSWER TO SOCIAL ISSUES/PROBLEMS WHICH ARE PREVAILING IN
INDIA.
• THE GROWTH OF SOCIAL ENTREPRENEURSHIP HAS REFLECTED UPON
THE EMPLOYMENT AND INFUSION OF SKILLS AMONG PEOPLE AT THE
BOTTOM LEVEL. THE BEST EXAMPLE IN THIS REGARD IS BAREFOOT
COLLEGE OF RAJASTHAN.
• THE LEVEL OF EDUCATION AND HEALTHCARE HAS ALSO INCREASED
DUE TO SOCIAL ENTERPRISES AND THEIR GROWTH IN RECENT TIMES IN
INDIA.
• THE SOCIAL ENTREPRENEURSHIP VENTURES ARE SET IN SUCH AREAS
WHERE ECONOMIC ENTREPRENEURSHIP DOES NOT WISH TO OPERATE,
THUS WE CAN SAY THAT THE SOCIAL UPLIFTMENT OF THOSE
BACKWARD AREAS IS MADE DUE TO SUCH VENTURES ONLY.
• FINANCE HAS BEEN IDENTIFIED AS ONE OF THE MOST IMPORTANT
ELEMENTS IN THE GROWTH OF SOCIAL ENTREPRENEURSHIP IN INDIA.
GOVERNMENT IS MAKING SPECIAL ARRANGEMENT FOR IT. SOME
VENTURE CAPITALISTS, ANGEL INVESTORS, CROWD FUNDING ETC.
ARE BEING USED FOR FILLING THE FUNDING GAPS.
• GOVERNMENT IS SLOWLY REALIZING THE WORTH AND IMPACTS OF
SOCIAL ENTREPRENEURSHIP IN INDIA AND TAKING PROPER ACTIONS
TO INCREASE THE APTITUDE OF PEOPLE TOWARDS SOCIAL
ENTREPRENEURSHIP.
THANK YOU!