http://www.iaeme.com/JOM/index.asp 94 editor@iaeme.com Journal of Management (JOM) Volume 6, Issue 6, November–December 2019, pp. 94–97, Article ID: JOM_06_06_013 Available online at http://www.iaeme.com/jom/issues.asp?JType=JOM&VType=6&IType=6 Journal Impact Factor (2019): 5.3165 (Calculated by GISI) www.jifactor.com ISSN Print: 2347-3940 and ISSN Online: 2347-3959 DOI: 10.34218/JOM.6.6.2019.013 © IAEME Publication CURRENT SCENARIO OF SOCIAL ENTREPRENEURSHIP IN INDIA S. Shobana Assistant Professor, Department of Commerce, Rathinam College of Arts and Science, Coimbatore, Tamilnadu, India ABSTRACT Social entrepreneurship is a topic of growing interest among academicians and practitioners. The potential of social problems in India is well known, but the degree of support and interest is hardly significant. An entrepreneurial mindset is re-emerging in India. Right from ancient times, India has been entrepreneurial. But the era of liberalization of late had released the genie from the bottle – the suppressed urge and natural instincts of our effervescent entrepreneurial class has once again been unleashed. Social entrepreneurship is not a newer concept but the positioning of the concept has risen to new heights in recent times. The paper attempts to shed light on the comment state of affairs on the theme of challenges and opportunities facing the social entrepreneurship scene in India. Keywords: Social entrepreneurship - India has been entrepreneurial - social entrepreneurship in India. Cite this Article: S. Shobana, Current Scenario of Social Entrepreneurship in India, Journal of Management (JOM), 6 (6), 2019, pp. 94–97. http://www.iaeme.com/JOM/issues.asp?JType=JOM&VType=6&IType=6 1. INTRODUCTION The economic development of a Nation depends on its industrial development. The industrial development is based on the entrepreneurial competencies of the people. Entrepreneurs are innovative, highly motivated, and critical thinkers. When these attributes are combined with a drive to solve social problems, a social entrepreneur is born. Social enterprises are the organizations which aim their efforts toward improving the general welfare of society and they apply market based strategies to achieve a social purpose. 2. REVIEW OF LITERATURE Social entrepreneurship as a practice that integrates economic and social value creation has a long heritage and a global presence. The global efforts of Ashoka, founded by Bill Drayton in 1980, to provide seed funding for entrepreneurs with a social vision (http://www.ashoka.org.