SOCIAL BUSINESS MODEL :APPLICABILITY IN INDIA India has emerged as the Worlds largest Democracy irrespective of several contradictions existing in Indian society and surprisingly, rising as super office in third world nations. Economic Reforms which opened the room access to world trade ultimately resulted in infrastructural and industrial development, urbanization, modern-day education and growth of Information Technology (IT). IT offered high remunerative jobs especially to urban, educated & computer literate population who picked up the Indian economy to high growth rate of 9%; in consequence generate two inconsistent clusters in the society. On the one hand, there are some people belonging to sophisticated modern metropolitan top(prenominal) & upper middle class are enjoying well endowed life. On the other hand there is large number of the Indian population who live in inaccessible tribal & awkward areas depriving from the indispensable things. Access to benefits of the technology and innovation is the fundamental aright of the every human being. Is there any system to dismiss the benefits of economic reforms to bottom level? Answer is Yes mixer art . To weave both senses business & social sense in one fabric means Social moving in, perfect conclave of advantages of advantage making & non turn a profit making business.
It is a profit making business in all sense, management, creativity, operation, marketing, selling, expenses & revenue scarcely only the dissimilarity is with social objective instead of profit maximisation objective. Objectives of the Research Paper The aim of this look into paper is to understand the concept of Social Business, which is introduced by Dr. Muhammad Yunus, a Noble laureate & expert of micro finance, to study difference between Social Business and Social enterprise and Social Business and NGOs. To judge the practicability and applicability of the Social Business Model in Indian context by development hypothetical situations and by going through the... If you want to involve a full essay, order it on our website: Orderessay
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