| Title: INNOVATION FOR INCLUSION: THE ROLE OF SOCIAL ENTERPRISES IN REDUCING POVERTY IN MAHARASHTRA |
| Author: Dr. Bajirao N. Kamble |
| Abstract: This paper examines the role of social entrepreneurship in poverty reduction in Maharashtra. Using secondary data (National Multidimensional Poverty Index reports, Maharashtra Economic Survey) and published case studies and evaluations of social enterprises and community finance (SELCO, SHGs, UNDP/Donor assessments), the study synthesizes evidence on how market-led social interventions—affordable energy, food programs, microfinance & SHGs, women-led enterprises, and livelihood linkages—contribute to multidimensional poverty reduction. Findings show Maharashtra made substantial gains in reducing multidimensional poverty between 2015–16 and 2019–21, and that social enterprises have contributed through targeted service provision, product innovation, and linkages to finance and markets. The paper concludes with policy recommendations to scale high-impact social enterprises, strengthen public-private-civil society linkages, and improve measurement and financing mechanisms for poverty-focused social ventures. |
| Keywords: social entrepreneurship, poverty reduction, Maharashtra, multidimensional poverty, SELCO, microfinance, social enterprise. |
| DOI: https://doi.org/10.38193/IJRCMS.2025.7648 |
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| Date of Publication: 31-12-2025 |
| Download Publication Certificate: PDF |
| Published Vol & Issue: Volume 7 Issue 6 Nov-Dec 2025 |