THE ROLE OF SOCIAL ENTREPRENEURSHIP AND THE GOVERNMENT IN CATALYZING SOCIO-ECONOMIC DEVELOPMENT IN ASSAM: A CONCEPTUAL PERSPECTIVE

Social entrepreneurship has played a catalytic role in the socio-economic development of evolving economies during the past two decades. The present paper attempts to take a conceptual shot directed towards investigating the role of social entrepreneurship and the government in propelling socio-economic development of the developing state of Assam. Taking the viewpoint of a social entrepreneur,wealth is basically a weapon deployed to alleviate social ills and challenges. Hence the outcome in terms of social impacts attained decides particularly the effectiveness and success of a social entrepreneur. From this angle, it is quite evident that a state moves on the track of development when the adverse consequences of social, economic and other environmental challenges are handled with utmost sensitivity and constructiveness through an effective social system which is regarded as sustainable. To fulfil the goal of achieving socio-economic development of Assam, the role of state machinery is immense both as a base and stimulant that can open the door for developmental works. In this regard,social entrepreneurship as a phenomenon can play a pivotal role in Assam owing to its ability of scaling social impacts through system transformation that fight against social disparities and challenges. It is because of this that the researcher advocates government policies and programmes to be outlined in such a way that it would sprout enabling ecosystems to stimulate the appearance of highly motivated social entrepreneurs. It is these enthusiasm, creativity and innovative mind set of the social entrepreneurs that will go a long way in offering worthy solutions to socio-economic complications in Assam, which will definitely facilitate the attainment of holistic development of the State.