Why social entrepreneurship is necessary in the rural areas of india?
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Answered by
1
The best way is to look at “people’s participation”, which can add in value and yield better returns. Social entrepreneurship is the ability to draw in innovative solutions by businesses to solve different social problems. From a rural development point of view, social entrepreneurs can work to fill the societal gap, helping in social transformation of the economy.
With planned and innovative attempts, countries can work towards combating problems like poverty, inequality, unemployment and illiteracy on a broader level. The benefits are double ended – social entrepreneurs can look forward to making profits while the society gains at large.
With planned and innovative attempts, countries can work towards combating problems like poverty, inequality, unemployment and illiteracy on a broader level. The benefits are double ended – social entrepreneurs can look forward to making profits while the society gains at large.
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19
Explanation:
Social entrepreneurs can aid in developing a sustainable business development model while finding the right opportunities unique to the local needs.
- This also helps the country focus more on R&D, and innovations in the rural economy translate to increased development progress.
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