Chrysalis NGOs and Their Evolution Into Social Entrepreneurship

Abstract

The humanitarian crises from the archives have seen a multitude of economic agents striving to balance the incongruity across the globe and bring them in harmony with the developmental goals of the society. The Indian government has identified the role of society and social organisations in addressing the problems of the deprived segment to attain the neglected positive externalities. The crowding of non-governmental organisations over the years has led several researches in studying the prospects and effectiveness of the same. NGO is an umbrella term for all voluntary and charity ventures – relying on donations, subscriptions, and various activities for raising funds. The augmented scope of sustainability and unsatisfactory equilibrium existing in the society underpins their need to evolve. The paper reviews the research on the NGOs and their volunteers acknowledging the potential of NGOs in metamorphosing into different structures, concurrently enlarging the scope of its sustainability and the effectiveness of the value created.