The Public Policy Significance of Social Enterprise: A Case Study of India

The academic debate on globalization has created a new scope for the way societies are examined. The globalization discussion has created a critical debate regarding the economic, political, social and cultural aspects that make up a community. Communities are no longer as local as they once were and have become more globalized. This phenomenon encompasses a public policy retreat from central government and a greater emphasis on local governance. Many countries across the world have embraced a social enterprise agenda. The social enterprise agenda has formed a linchpin between statutory, voluntary and private sector organizations, and currently, there has been a remarkable surge in the popularity of social enterprise. In this paper the authors explore the issues, debates and contributions to the current economic climate that social enterprise offers.