Pandemic triggered a flurry of activities in India's Tech for Good ecosystemPandemic triggered a flurry of activities in India's Tech for Good ecosystem
on Mar 31, 2021 The pandemic has triggered a flurry of activities around cost-effective innovations in India’s Tech for Good ecosystem, says a report published by Nasscom Foundation in partnership with CGI on Wednesday. The report prepared with inputs from 548 organisations, comprising 119 established companies, 124 social enterprises/startups, and 305 NGOs, found that over 90% of these respondents were already developing or have plans to develop Technology for Social Good. On average, 30 employees (full time and part time) were involved in a company’s Tech for Good practice per year. Also, a company on average invested $36,515, in addition to its CSR contributions, on Tech for Good. Most companies (57%) engaged in long term Tech for Good projects spanning for more than a year, as per the report. The Tech for Good activities were not only in harmony with the companies' business strategy but they were fully aligned with it (66.38%). Also, they were more aligned with local causes (55.26%) than global causes (42.98%). Lack of Funds (92.6%) was one of the biggest challenges for social enterprises, followed by lack of internet and mobile connectivity at the ground level (76.10%), found the study.
Education at 56.9% received the most Tech for Good focus followed by Livelihoods development at 50.43% and Big Data was being used by 87% of companies to create education-based Tech for Good.
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