Despite India’s impressive economic growth, there is still a staggering population of 70 million people who are struggling to access stable and sustainable livelihoods in its rural hinterlands. The growing urgency to address the country’s wealth gap has spurred rigorous efforts from the social economy – from the Government of India to social investors to an array of Social Purpose Organisations.
With the Government of India investing focused efforts to develop efficient poverty alleviation programmes, the rural poor have opportunities to increase their household incomes. These include improved access to financial services and sustainable livelihood enhancements to nurture technical and managerial skills. Despite concerted efforts, there are still dire obstacles that require collective efforts in order to bridge these gaps.
- Examine the challenges faced by SPOs in garnering funds for livelihoods related interventions
- Examine the challenges faced by funders/investors in funding livelihoods related programs
- Provide actionable recommendations for funders/investors for funding sustainable livelihoods in India
|About the Speakers|
Country Director, Ennovent India
Chandrakant Komaragiri has over 8 years of experience in the social business, non-profit, and development sectors. He serves as Country Director of Ennovent India, overseeing operations, finance, and project implementation. He also works closely with portfolio companies of the Ennovent Impact Investment Holding. He has led projects to implement sustainable solutions across various sectors including water and sanitation, clean energy, and healthcare. Chandrakant has a Masters in Social Entrepreneurship from the Hult International Business School, UK, and a Bachelors in Physics from the American University in Cairo, Egypt
Trustee, Catalyst Foundation
Siddhi Mankad is a Trustee of the Catalyst Foundation, which seeks to promote the health and wealth of poor and marginalised communities. She has been working for over 20 years in the social sector, engaged in qualitative research, development communications and learning systems. She will be sharing the landscape of the supply of funding for sustainable livelihoods by the private sector, namely, their preferences across programmatic areas, occupations, and communities, and the rationale driving these decisions.