ROLE OF GOVERNMENT IN PROMOTING SOCIAL ENTREPRENEURSHIP IN PRESENT ERA

Abstract

Abstract: The increasing prominence of social entrepreneurship in recent times has garnered considerable attention, offering a distinctive approach to tackling intricate societal issues. Social entrepreneurship is characterized by its commitment to generating both social and environmental impact while maintaining financial sustainability. It entails the application of entrepreneurial principles and strategies to devise innovative solutions for pressing social and environmental concerns. In the context of India, a developing nation grappling with a myriad of challenges such as poverty, limited access to education and healthcare, deficiencies in basic services, environmental degradation, and the looming threat of climate change, social entrepreneurship has emerged as a potent instrument for effectively addressing these issues. It not only seeks to provide solutions but also strives to create employment opportunities and foster sustainable development. The objective of this current study is to scrutinize the diverse challenges and opportunities inherent in the realm of social entrepreneurship in India.