India Social Enterprise Landscape Report
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 58 |
Release | : 2012-08-01 |
Genre | : Business & Economics |
ISBN | : 9290927399 |
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Social enterprises hold the potential to make India's spectacular growth story work better for its poor citizens. India's rapidly growing economy has not managed to alleviate extreme poverty, which encompasses nearly half the country's population. Reasons for this situation include inadequate infrastructure, unreliable state delivery of affordable education and health services, and resource limitations. By employing innovative business models, social enterprises are addressing India's vast development needs in a sustainable manner using viable revenue models. More and more impact investors are entering India's social enterprise space with an interest in supporting businesses with triple bottom line returns---that is, profits (or at least financial sustainability), and social and environmental impact.