India towards Social Innovation and Growth – A Systematic Study

Abstract

Social Innovations are the diverse intra and extra organizational activities formulated by the profit, nonprofit or public sectors devised to tackle ecological degradation, poverty and deep rooted cultural, economic and social problems from various domains.In this paper, extensive literature has been reviewed on social innovations and its success stories, challenges faces, need of the hour, current condition and future scope has been discussed in brief. Current policies, frameworks, acts, subsidies and schemes and initiatives like Start up India implemented by Indian government for sake of social innovation paradigm have been discussed. Topics on social innovations inclusive of but not limited to sectors of natural resources and water management, academics, production, agricultural sector, human resource development, medical sector, digital marketing, open source technologies, high emission buildings, role of SMEs in developing social products, social media, sustainable architecture, carbon credits, hotel management, traffic management and transportation sector, waste management and narcotics sectors have been attempted to elaborate in this systematic study. Dynamic attempt has been made in this paper to deliver better perception of social innovation projects for both practitioners and academician.