Development of BoP needs creating a level playing field through entrepreneurship. This means training rural enterprises in leadership and managerial skills.
Quantitative data collection coupled with qualitative observations is the best way to assess the effectiveness of your impact program. The challenge for social enterprises is to move away from an “output” driven focus towards a more “impact” or “outcome” driven focus.
Developing the Bottom of the Pyramid (BoP) community as producers is incomplete without giving access to marketplaces. Sustainable Development can be ensured if social entrepreneurs focus on developing BoP as Producers.
India needs social enterprises who rise at the grass root level, understand the problems of disadvantaged communities more intimately and innovate solutions sharply focused on various problems faced by them.
People at the Bottom of the Pyramid should be empowered to challenge their status quo and beat poverty. This can only happen when they can participate in the economy as producers. Social entrepreneurs have a major role to play here.
WASH innovation cannot work in a silo. It needs to work in tandem with positive interventions like awareness through seminars and village level events to help people become more vocal about their problems and make the impact more sustainable.
Scale and efficiency are two of the biggest benefits of technology. We need tech innovators, investors and evangelists to start employing technology towards sustainable development.
It is a conventional view that bringing about change in water access and sanitation is the sole domain of the government. However without grassroots social innovation, massive govt schemes may be ineffectual in achieving Sustainable Development Goal #6. Here we look at some of the promising WASH innovators.
If India has to achieve sustainable and inclusive growth as defined in the SDGs and truly emerge as an economic powerhouse then more women entrepreneurs especially social entrepreneurs are needed.
Analysing Circular Economy as the means to fuel sustainable development and reduce socio-economic inequality.