Bridging policy, practice: Empowering social sector via micro funding, collaboration

31-08-2024
siasat.com

The Doing Good Index 2024 highlights India’s mixed regulatory environment for social impact, showing both opportunities and challenges. While CSR and the Social Stock Exchange offer potential, strict laws and administrative hurdles create obstacles, especially for smaller organizations. The CDPP-Plustrust report emphasizes the value of micro funding from individual donors to grassroots efforts. To enhance the social sector, India needs streamlined regulations, capacity-building support, and increased public-private partnerships, alongside fostering innovative financing models. These steps will help address current barriers and leverage new funding opportunities for greater impact.

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