By: Kartikey Srivastava
Hope you all have had a fruitful and productive week. This week on our round-up, we feature an article which discusses the way governments and social enterprises can work together and also share five ways in which big business can help socially focused ventures. We also feature the work of two enterprises which have bettered the lives of many in rural India.
People working in the social sector in India face a variety of challenges including the constant fight against the political system. Entrepreneurs feel that this mis-alignment with the government is not only because they lack knowledge of the work that social enterprises are doing but also because their work doesn’t fit any broad government agenda.
There are however signs that change may be around the corner with the launch of Jeevika – a government supported program in Bihar which helps social innovators receive capital. Read more on how entrepreneurs are building relationships to make the government an ally.
In addition to the help by governments, it is hoped that India’s big corporates will step forward and help social enterprises in the country with the passing of the recent Companies Bill, a significant milestone in India’s social enterprise landscape.
NextBillion provides us with five ways in which corporate houses can engage with social enterprises including mentoring, developing social intrapreneurs and letting senior staff take paid sabbaticals to join social ventures that could benefit from their experience. Read the full article to learn how your corporate could make a difference.
Neha Juneja, the CEO of Greenway Grameen Infra (GGI), says that while there are many aspects of rural life – such as mobile phones and education- which have progressed, cooking has remained still. This is why GGI introduced a cooking stove for rural Indian markets that emits 70% less smoke and halves cooking time as compared to unhealthy kerosene or wood-fire stoves.
In north-west Karnakata, GGI has partnered with a local micro-finance agency which provides funds for the consumers to purchase it. The stove which costs ₹2199 is available in exchange for 25 installments at ₹70 per week. GGI has even more projects in the pipeline – check out the complete article now.
Farming as a means of income is becoming increasingly unpopular with the rural youth which often leads them to move to densely populated urban areas in search of job opportunities.
RuralShores, a network of rural BPO centres aims to reverse this migration trend by providing local entrepreneurs the technology, marketing, operational and management support required to run their own centres and employ local rural youth. Till date, employment has been provided to 2000 people in 11 states. The training academy trains the new recruits and RuralShores make a saving of 40-50% in costs compared to urban BPO’s. Learn more about RuralShores now.
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