SOCIAL ENTREPRENEURSHIP IN INDIA- OPPORTUNITIES, CHALLENGES AND FUTURE PROSPECTS

Abstract

Social entrepreneurship plays a pivotal role in addressing societal challenges by blending innovative business strategies with social missions. It has the potential for fostering inclusive growth, driving innovation, and creating sustainable solutions to complex social and environmental challenges. The present paper discusses the concept of social entrepreneurship in detail. The main purpose of the paper is to explore the need and opportunities for social entrepreneurship in an emerging economy like India. It further identifies the challenges faced by social entrepreneurs in such economies and the prospects of the same.