Will the For-Profit Model be Accepted in the Social Sector?
Forbes India : Jan 4, 2012
By Nachiket Mor, Bindu Ananth
“Governments have proven to be too inefficient, the non-profits too small and the corporates too greedy to provide basic services. What about for-profit social enterprises?” Read more
Free provision of services or subsidies makes way for misuse of the system-
the haves compete with have nots.
The question of subsidies or free service to the needy poor is no more
worth in reality, since it causes disguised consumers.
Even the poorest parents, aspire to get their children educated at private schools instead of Free Govt Schools.
Practically considering somebody’s hard earnings need not be shared as philanthropy but rather as employment ie- work to earn.
*Too much of a profit margin without end user’s service is an unethical code of conduct.
* A judicial discretion of for profit in all deeds with ingenuity in consumer’s service point of view can make organizations to sustain and serve better.