Sunday, November 7, 2010

Social Entrepreneurs in India

Social entrepreneurship is the work of a social entrepreneur. A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change (a social venture). Whereas a business entrepreneur typically measures performance in profit and return, a social entrepreneur focuses on creating social capital. Thus, the main aim of social entrepreneurship is to further social and environmental goals. However, whilst social entrepreneurs are most commonly associated with the voluntary and not-for-profit sectors, this need not necessarily be incompatible with making a profit.

Here I want to discuss about few of my favourite Indian social entrepreneurs who really bringing changes in common men's life.

Irfan Alam - Founder of Samman - It is an organization that works with cycle rickshaw pullers in parts of northerna nd eastern India. The rickshaw pullers rent aa vehicle and Samman arranges finances for them. It also enables them to use their vehicles for advertisements.

Chetan Sinha - Founder of Mann Deshi BAnk - a microfinance bank that lends, funds and teaches entreprenurial skills to rural women.

Anant Kumar - Lifespring Hospitals - a chain of maternity hospitals for lower-income group in Hyderabad and other parts of Andhra.

Saturday, November 6, 2010

India GDP Figures - A Sneak Peak

GDP Definition: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year
Quick Stat:

GDP Growth: 6.7% (2009)
GDP per capita: $1016
GDP by sector (2008 Estimate):
Agriculture: 17.2%
Industry: 29.1%
Services: 53.7%

Inflation: 7.8% (2008 Estimate)

Labor force: 523.5 million (2008 Estimate)

GDP (purchasing power parity): $3.561 trillion (2009 est.)
$3.344 trillion (2008 est.)
$3.113 trillion (2007 est.)
note: data are in 2009 US dollars