NEED
01. NEED FOR EDUCATION
Fifty percent of children in India aged 6 to 18 do not go to school. A little over one-third of all children who enroll in first grade reach eighth grade. Only 53 percent of inhabited areas have a primary school, and only 20 percent of these areas have a secondary school. Over a decade ago, management guru Peter Drucker said: “The Knowledge Society will become far more competitive than any society we have yet known… thus the competitive position of every country, industry, Institution and individual will depend on the ability to harness and capitalize on knowledge.”
02. NEED FOR EQUIPPING/LEADERSHIP
Research indicates that more than half of non-government organization executives, funders and intermediaries do not believe theyare capable of recruiting, developing or transitioning leaders to succeed current management, even though 97 percent agree that leadership development is vital to their organizations’ success.The Executive Summary of the India Leadership 2.0 Project stated: “… the rules of the game in India are different than elsewhere. In India’s specific economic, political and social context, leaders will need to be ‘triathletes’ – able to operate seamlessly in the private business sector, in the maze of government bureaucracy and within civil society. A serious challenge is that talent and talent development strategies are often not aligned to business needs, which change rapidly.” Leaders in India are simply unprepared, participants in the Global Leadership Forecast 2011: India Highlights reported: “… Without effective leadership development, India organizations are leaving their leaders unprepared to manage in a constantly evolving business environment.”
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03. NEED FOR EMPLOYMENT
Unemployment in India is currently at the highest level in 20 years. As reported by the National Sample Survey Office and the Employment- Unemployment Survey (EUS) of the Labour Bureau last conducted in 2015-16: "It used to be said that India's problem is not unemployment but underemployment and
low wages. But a new feature of the economy is a high rate of open unemployment, which is now over five percent overall, and a much higher 16% for the youth andthe higher educated. The increase in unemployment is clearly visible all across India, but is particularly severe in the northern states.” According to Trading Economics global macro models and analyst expectations, the India Unemployment Rate is projected to trend around 13.84 percent in 2020.
04. NEED FOR ENTERPRISE
There is a great potential for social enterprises in India. But social entrepreneurs and start-ups need support at multiple levels to turn innovative ideas into products or services that can benefit the masses. India must create more opportunities for its large population of young people to earn adequate incomes in a dignified way, whether through jobs in large enterprises and small enterprises, or self-employment.