Madhukar Shukla

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Madhukar Shukla

  1. 2. A new option…
  2. 3. X x
  3. 4. Which perhaps also explains why… <ul><li>India lost out to Sri Lanka and just about beat Bangladesh  </li></ul>
  4. 6. How is Poverty Defined in India? Source : Reports No. 468 & 469, NSSO, 2001 7.80% > Rs.1500   7.30% > Rs.775 Rich 26.30% Rs.775-1500   25.30% Rs.470-775 Middle Class 37.40% Rs.458-775   33.80% Rs.329-470 Not Poor 28.50% < Rs.457   33.60% < Rs.329 Below Poverty Line popn. per month   popn. per month   Urban India   Rural India   Income-wise Population Distribution in Rural & Urban India
  5. 7. World World Population Income Richest 20% 82.7% Second 20% 11.7% Third 20% 2.3% Fourth 20% 1.9% Poorest 20% 1.4%
  6. 8. Interview with KV Kamath, ICICI <ul><li>Useem: As you look ahead over five years, many things can go wrong. What do you most fear in the Indian economy and the global economy that could derail your plans? </li></ul><ul><li>Kamath: I guess in the Indian context, I would say something that is unforeseen, like social strife, because we are living in a world of haves and have nots. And there is a divide. Now is this going to be something that could bother us? To me, this is the single most important thing which could impact business . </li></ul>
  7. 9. Chetan Ahya (Exec Dir, Morgan Stanley) <ul><li>The worrying aspect of the trend in globalisation and capitalism is the rising social challenges on account of increasing inequality. We believe the rise in inequality, when absolute poverty levels are still very high, poses a major political challenge. The inequality gap in wealth is even starker. … our analysis indicates that India has witnessed an increase in wealth of over $1 trillion (over 100% of GDP) in the past four years — and that the bulk of this gain has been concentrated within a very small segment of the population . </li></ul>
  8. 10. Where are the solutions?... <ul><li>= > Entrepreneurship to create Social Change </li></ul>
  9. 11. Social Entrepreneurship Business Entrepreneurship/ Corporate Business Beneficiaries Of Wealth Creation Entrepreneur / Business Society Nature of Wealth Creation Economic Diverse The Entrepreneurial Space <ul><li>e.g. </li></ul><ul><li>Social Provision </li></ul><ul><li>Providers/ CSR </li></ul><ul><li>Social Business </li></ul><ul><li>Stand-alone NGOs </li></ul><ul><li>etc. </li></ul><ul><li>e.g., </li></ul><ul><li>Grameen </li></ul><ul><li>MFIs </li></ul><ul><li>etc. </li></ul><ul><li>e.g., </li></ul><ul><li>Biotech, </li></ul><ul><li>Goonj, </li></ul><ul><li>etc. </li></ul>
  10. 12. How to make an Impact? <ul><li>Innovation to Serve an Un-Served Need ( e.g. Selco-India ) </li></ul><ul><li>Systems Change: Breaking the “Unequal Structure of Opportunity” ( e.g., Super-30 ) </li></ul><ul><li>Think Big & Scale up ( e.g., Aravind Eye-Care ) </li></ul><ul><li>Advocacy for Policy Change ( e.g., Childline ) </li></ul>
  11. 13. Courtsey: Ingrid Srinath, ex-MD, CRY Secretary General, CIVICUS
  12. 14. <ul><li>Demand /Dream for an “Alternative” Career among young professionals </li></ul>Easy2commute.com

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