If businesses big and small practice socially responsible behaviour then human society will witness a sea of change in quality of life and hope for a better future. However this can only happen if they are run by managers and leaders who know what it means to run a sustainable business.
Social Enterprises are key instruments of social change and thus their role in helping us achieve Sustainable Development Goals is highly critical.
A big country like India with myriad socioeconomic challenges direly needs social impact focused, responsible and purpose-driven businesses and startups. Entire business ecosystem needs a paradigm shift in its approach. B Corp certification could be a good start. Here’s learning about this certification, directly from India’s first B Corp.
If we as a nation have to achieve SDG # 10 that focuses on reducing inequality we need to transition large masses of people out of poverty towards better opportunities and ultimately a better life. Social entrepreneurship can be a game changer.
Suvankar Mishra talks about the 2 pillars of Inequality – Crony Capitalism and Lack of Transparent Governance, in this Op-Ed
The role of social entrepreneurs in the areas of access to basic necessities and creation of livelihood opportunities can certainly help our country take great strides towards the ideal goal of ‘No Poverty’.
In this Hangout I asked him about his recent journey to Nepal, problems faced by small farmers and how eKutir is solving them through technology, what it means to be a B Corp and finally some lessons and insights he has gained over last 7 years as a social entrepreneur.
Small holding farmers face a range of problems leading to perpetual poverty. eKutir and KrishiStar are using innovative business models to help farmers get access to entrepreneurial opportunities ultimately leading to predictable livelihood.