International Journal For Multidisciplinary Research

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A Comprehensive Role of Social and Solidarity Economy in Fostering Employment Generation and Empowerment in India

Author(s) SWATHI M S
Country India
Abstract This paper examines the multifaceted role of social and solidarity economy(SSE) in India, particularly in the realms of employment generation and empowerment. SSE, rooted in principles of collective ownership, democratic decision-making, and social justice, offers a holistic approach to economic development that prioritizes human well-being over profit. Within the Indian context, where challenges of unemployment, poverty, and inequality persist, SSE presents a promising avenue for fostering inclusive growth and empowering marginalized communities. Drawing upon theoretical frameworks and empirical evidence, this paper explores how SSE initiatives across various sectors have contributed to creating sustainable livelihoods, enhancing social cohesion, and promoting individual and collective empowerment. Through case studies and analysis, it highlights the transformative potential of SSE in addressing structural inequalities, advancing gender equity, and strengthening local economies. Additionally, the paper discusses the policy implications and recommendations for scaling up SSE interventions, mainstreaming its principles into national development strategies, and fostering an enabling environment for its growth and sustainability. By shedding light on the comprehensive role of SSE in India, this paper aims to inform policymakers, practitioners, and stakeholders about the importance of integrating SSE approaches into broader socio-economic development agendas.
Keywords Social and Solidarity Economy, Employment Generation, Empowerment, India, Inclusive Growth, Sustainable Development
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-03-26
Cite This A Comprehensive Role of Social and Solidarity Economy in Fostering Employment Generation and Empowerment in India - SWATHI M S - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.15756
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.15756
Short DOI https://doi.org/gtppff
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