Published Paper Details:

Especially in the recent five to six years, India has seen a phenomenal increase in the number of social companies. Despite this impressive expansion, there is a dearth of quantitative information to assess the precise impact of these businesses on the socioeconomic development of the nation. Furthermore, there are not enough sufficient empirical research to comprehend the social entrepreneurship ecosystem in the nation. The goal of this research is to comprehend the state of social entrepreneurship in the nation. The researcher has made an effort to pinpoint the elements promoting the development of social enterprises favorably and comments on the difficulties these businesses are now facing. In order to determine whether there are any differences between social enterprises depending on their leadership, a comparative examination of the organizational objectives of social enterprises based on gender was also done. In contrast to a standard nongovernmental organization, social entrepreneurship refers to the process of bringing about social change on a significant and impactful scale (NGO). It is a concept that is becoming more and more crucial to the study of nonprofit, nonprofit, and not-for-profit organizations. Prior to now, groups tackling important social issues were thought to be idealistic, charitable, and entrepreneurial. India's government is particularly interested in promoting social entrepreneurship, not necessarily by providing financing or giving advice, but rather by creating the conditions that encourages it. 122 social enterprises that operate nationwide in various economic areas have provided the study's data sources. According to the findings, social enterprises can provide solutions to many of the socioeconomic issues the nation is currently experiencing, including unemployment, poverty, a lack of access to quality education, and substandard living circumstances. To guarantee that these businesses continue to grow sustainably, the government and other regulatory agencies will need to take additional steps. Significant disparities were found in the order that different organizational goals were given priority in women-led social enterprises. In India, initiatives are being taken to encourage social entrepreneurship and social entrepreneurship-related companies through information and an exploratory study. This could be useful in upcoming empirical research on the issue.