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Anand Bordia, Project Director, United Nations Drug Control Program speaks out on The Urgency of the interface between the business and social sectors
"In an amazing [series of] results in the recent years, the curve between both industrial and economic development of a country, and primary education, is amazingly similar. You see, the curve just goes up if a country has invested in one factor: primary education. In the course of 15 years, the industrial curve picks up the same way: for countries that have invested in primary education, the industrial and economic curve just goes up. Those countries that have not invested have stagnated.
"The most important conclusion here is that unless investment is made in the social sector, growth of business and industry will suffer in the long run. Now I would say equally, if business and economic growth does not take place, the social sector growth is going to be in a miserable condition because there will not be wealth there would not be enough money to put into the social sector. Therefore, business and social entrepreneurs have such an important linkage.
"What is the difference between the social entrepreneur and the business entrepreneur?," Bordia asks. Business entrepreneurs' monetary rewards are six to eight times greater, he said. "This is not restricted to India it is perhaps a global phenomena." If, as a result, the brightest minds the best that a society produces do not go in the social sector, nations will suffer, Bordia concludes.
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