A Policy Framework for Social Entrepreneurship in India

Abstract

Although, the emerging literature on social entrepreneurship (S-ENT) is riddled with theoretical inconsistencies, definitions controversies & framework contestations, the evidences supporting the role of S-ENT in fostering the socio-economic development of nations are evolving continuously.However, the policies concerning the creation & management of social enterprises are yet to be crafted in majority of the countries including India.This paper draws on the prevailing state of relevant policies & recent S-ENT policy developments within India.The paper attempts to analyze the system necessities & develops a conceptual framework of S-ENT policy in India.The paper finds that there is significant increase in the policy development efforts from Governments of certain developed countries.However, there are little or no concerns for S-ENT policy framework in majority of developing countries including India.Hence, the paper lays the foundation for development of the policy framework for S-ENT in India.

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