Skip to main content

India records the highest Number of Social Entrepreneurs


A new study showed on Friday that India is in the leading country with the highest presence of social entrepreneurs. With improving the lives of more than 62 million people in 190 countries,  the Social entrepreneurs working with the Schwab Foundation for Social Entrepreneurship have distributed $6.7 billion in loans or value of products and services.
Not only this, they have helped the mitigation of 192 Million tonnes of CO2 and enhancing education for millions of children.
A reporter remarked, "The community has distributed more than $6.7 billion to projects and products that have enhanced livelihoods, including increasing healthcare access, providing clean energy solutions, and improving education outcomes,"
Hilde Schwab, the Co-founder and Chairperson of the Foundation said that this report impugns the idea that models of social innovation can be dismissed as petite island of success amidst our global challenges.
The social entrepreneurs operate in more than 190 countries, 25 percent of them reach 90 countries each. India being the topmost country in the list, has 46 social entrepreneurs. US being the second with 40, 34 in Kenya 29,  in Brazil and 26 each in South Africa and Uganda.
This foundation goes back 20 years when it was established for the support of unrecognized business models for environmental welfare.
"Social innovators have pioneered sustainable approaches and inclusive business models, and serve as a clear demonstration that models of stakeholder capitalism can indeed work," said Klaus Schwab, the WEF Founder and Executive Chairman. Within the World Economic Forum, the foundation is all about providing exposure and developing a group of trusting Social change leaders.


Comments

Post a Comment

Popular posts from this blog

Significance of the “Developed Country” Tag for India

By Xeena Mehta The officials of the United States Trade Representative (USTR) uphold a list of countries that categorises countries as “developing”, “developed”, and “least-developed”. Countries that are classified as “developing” have permissions to export certain goods to the U.S. without being hit by heavy legal tariffs that are bind to be imposed on goods from “developed” countries. The “developing country” tag was originated by U.S. Trade Act of 1974, to aid poor countries develop faster. World Trade Organization also acceded to grant trade benefits to countries that were classified as poor. If noticed we can see that about two-thirds of countries that are members of the WTO classify themselves as “developing” countries and avail fore deals. Any such classification of whether a country is “developing” or not is entirely objective. While the economic progress achieved by India and China have achieved over the last few decades is seen as a valid reason to get rid of their s...
Post a Comment
Read more

Changing Environment For Local Business In Sri Lanka; Government Initiates The Revolution

Local industries and businesses are the backbone of the economy of any country. Additionally, Sri Lankan Government defines a local company as one with a minimum ownership of 51% of a Sri Lankan. To help these companies grow, the Sri Lankan Finance Ministry has proclaimed a circular enlisting the priorities to the local companies. Moreover, this move from the government may bring some salient alterations in the condition of the local manufacturers. The government has also come with up steps that will augment the local industries across the different domains. These domains include IT sector, construction, etc. The circular, as issued by the government includes relevant documentation regarding sourcing of resources and products. Additionally, sources point towards the fact that the government is hoping to extend support to the domestic sector and help them grow. Besides, the major focus is on the three sectors- IT software and hardware, construction and furniture and allied products. Pos...
Post a Comment
Read more

SECOND WAVE OF VIRUS LEFT INDIA’S HOSPITALS IN TROUBLE AS SHOTS RUN LOW.

India is facing a health crisis because of the second wave of the virus which is hitting high records. Hospitals around the country are facing a huge shortage of care beds and intensive drugs. From the wealthiest state Maharashtra to the most populated state Utter Pradesh there has been a shortage of hospital care beds and immunization centers which results in turning away people as they are running out of vaccines.  Maharashtra’s health minister Rajesh Tope has announced a strict weekend lockdown in order to control the situation. Mumbai has currently used up all but 3% of its intensive care hospital beds. Mr. Rajesh Tope has warned the state that they have three days’ worth of shots in stock and vaccination centers across the state are being forced to close down. Chief minister Punjab said that the Punjab’s vaccine will last another five days, urging the government to increase the supply. New Delhi -the capital of the country is also facing a lot of troubles due to the virus. At ...
Post a Comment
Read more