Creating Pathways for Prosperity

In this research, we magnify the role of hybrid leadership style in facing uncertain turbulence in the market. Due to the rapid change in innovation and other macroeconomic developments, the already existing market turbulence has become uncertain. This uncertainty has further been accentuated by recent events like COVID-19 and Russia–Ukraine invasion. One solution that is crucial in facing this uncertainty is effective leadership. However, taking the wide groups of individuals present in the market into account, this leadership has to be tailored for each, and this is where the topic for this research, hybrid leadership style to face uncertain market turbulence, comes to play. Here, we gather the existing roles of different leadership styles in different businesses that help in facing the uncertainties and explore the possibilities of new ones. This work can therefore act as a guide to practice hybrid leadership style during market turbulences where following a single specific style may prove unhelpful or lead to dissatisfaction and even aggravation.

The importance of entrepreneurship as a force for economic progress and poverty alleviation has grown in recent years. Innovation is at the core of entrepreneurship, whereas entrepreneurship is a tool for innovation. Forbye, social innovation has become a new way of thinking and strategy for solving social problems. Additionally, to study the ever-growing and dynamic space of entrepreneurship followed by an analysis of the actors in the ecosystem, including an emphasis on its outcome and social impact on poverty. Drawing on the insights from the framework of the Theory of Change, the authors present the case of PYXERA Global. Using a qualitative research strategy to create insights from the organisation's activities in over 100 countries, we exhibit the entrepreneurial ecosystem approach followed and implemented by them. Through meticulous interviews, the chapter produces in-depth insights from the strategists and entrepreneurs of the organisation that create a balanced and focused social impact. The study reveals the importance of entrepreneurial training, education, technical skills and gender balance in poverty alleviation. Through collaborations with the private, public and social sectors, the organisation ensures to the creation of an ecosystem that provides technical support and access to skills to develop an entrepreneurial mindset. The Theory of Change undertaken by PYXERA informs how tri-sector partnerships and deep organisational involvement can aid towards sustainable development and poverty alleviation. The findings contribute to the development of an attitude that poverty reduction and community development can be achieved through co-creation, which is possible through entrepreneurship and innovation.

India has a serious poverty issue that needs to be addressed immediately. The elimination of poverty should be one of the primary goals of economic policy. The elimination of poverty is one of the greatest obstacles to economic development as it is now envisioned. It is difficult to provide a blanket recommendation for achieving economic growth and reducing poverty because each state's experience has been distinct. The states of Punjab and Haryana are two examples of how a strong emphasis on agricultural expansion can help alleviate poverty. Human resource development has been successful in Kerala; thus, it has been replicated in other states. While India's social safety programmes have helped to alleviate poverty, they aren't perfect. COVID-19 reversed the progress made and harmed migrant workers and others in the informal economy. There are now millions more people living in extreme poverty than before. To tackle unemployment, governments and underprivileged communities are appealing to programmes like MGNREGA.

The purpose of this article is to investigate the measures taken by the state to combat poverty.

Climate change, sometimes known as global warming, affects society and the economy. Recently, media and public interest to this problem has increased. This chapter, ‘Technical Area and Data Management on Climatic Changes Adaptation Challenges of the 21st Century’, provides a detailed overview of global warming and how society recognises and confronts it locally and worldwide (Kriegler et al., 2014). This chapter examines non-climate modelling approaches to quantify and anticipate complicated climate change effects on populations and ecosystems. It examines how to measure ecosystem vulnerability and how to adapt to climate change. This knowledge also impacts worldwide sustainable development debates. The chapter discusses how social, economic and ecological systems are all impacted by climate change in a variety of ways, leading to significant economic losses that will probably get worse the longer we wait to take action. Because of this, the main goal of this chapter is to encourage planning and capacity building at the local, regional, national and international levels to deal with the effects of climate change at the local, regional, national and international levels. This is done by using a unified approach to improve coordination and develop climate resilience in nations that are more likely to be affected by climate change. Overall, this chapter shows how hard climate change is by looking at both the problems and the chances of adapting to and reducing the effects of climate change.

Today, financial viability and the creation of social value form the main axis for the operation of inclusive firms. However, depending on who offers the ideas for inclusive enterprises, there can be questionable presumptions regarding what is promised in relation to poverty. One dubious premise is that all poverty can be solved by the market. Markets may be a prerequisite but not sufficient condition for resolving social problems. Financial inclusion through microfinance is a crucial facet of social inclusion. At the World Summit for Social Development (WSSD) in March 1995, governments made a commitment to eradicate poverty on a global scale, citing it as a moral, social, political and economic imperative. One of the three main objectives of the WSSD was the eradication of poverty. Microfinance provides financial services for persons living below the poverty line and for small businesses that lack access to traditional banking services and related products. Microcredit is the lending of small amounts of money to underserved consumers. Microfinance succeeded where institutional financing failed, but its viability is in question. An all-encompassing approach is required to support the growth of the new microfinance sector and manage the balance that must be struck between outreach and sustainability. It is well known that only efficient institutions can greatly lower the long-term expense of serving irregular and low revenues.

E-governance is the term used to describe the use of communication and information technologies for government. It guarantees information flow transparency, aiding in the improvement and redefinition of social, environmental and economic values. The implementation of numerous central and state initiatives is the responsibility of the Rural Development Department. The execution of almost all systems makes use of Management Information Systems (MIS) software. The state government's policy aims to provide top-notch internet services with a focus on the needs of the citizenry. A number of programmes, including CRISP, NEGP, NIC, E-choupal, Gyandoot, etc. have already been put into use, and more e-government initiatives are in the operation. In a country like India, where demand is high owing to a huge population, alleviating poverty is more crucial and infrastructure is a significant determinant for faster economic growth. By providing improved access to essential commodities like roads, water, drainage, energy, transportation, infrastructure would raise inhabitants' quality of life. One thing is certain: the development of the Indian economy will be fuelled by technologically driven e-Governance solutions as it strives to become a global superpower. The initiatives made in the field of e-Governance that can hasten economic development are therefore the main emphasis of this chapter, which is based on secondary sources. E-governance initiatives can aid in advancing good governance. E-promotion of governance can be of more inclusive governance and can aid in resolving the enormous global issues associated with poverty alleviation. The chapter will go on to outline how e-governance software enables stakeholders to not only monitor quality, cost, and schedule but also regulate deviations through ongoing automated monitoring, escalations, and transparency. The anticipated problems and limitations of e-governance initiatives are also described.

According to G20, ‘Inclusiveness basically signifies the accessibility of the various resources (goods, services, and livelihoods) on a commercially viable basis to the economically vulnerable section of the society through making them part of the organizations' value chain as customers, retailers, distributors, and suppliers’. With the increased application of digital technology in every sphere of life, the concept of inclusiveness has moved to e-inclusiveness. So, the present chapter tried to investigate the conceptual journey from inclusiveness to e-inclusiveness from business and financial system aspects. Further, it presents an insight into how the e-inclusiveness aspect impacts the poverty level mainly from the developing country's perspective. The study also suggests that from the perspective of developed as well as developing economies, the public and private sector players strive to develop an effective financial system incorporating an inclusiveness aspect.

India is one of the world's largest exporters of products and services. Given the outstanding contribution of services in India's foreign trade, this study examines the changing international trade pattern for India. It is a nation that is heavily dependent on imports and exports. This study examines the changing international trade pattern for India with the existence of certain global disruptions. The analysis highlights a growing trade surplus in services and an increasing trade deficit (i.e. imports higher than exports) in goods. India needs to have policies in place to emerge as a strong economy in this post-pandemic era. This chapter provides a set of examples based on the research findings. The research suggests that the growing economy and supportive government policies offer greater opportunities for the country in the longer period if urgent policy initiatives and support are extended to existing and potential manufacturing and services sectors. It ultimately seeks to highlight key opportunities, challenges and suggestions to protect and promote India's international trade.

This chapter investigates the multifaceted nature of poverty, which strips individuals of basic necessities like food, clothing, healthcare, education and sanitation, presenting itself differently across regions and time periods. Each nation sets its poverty standards, impacting its economy through increased healthcare expenses, limited educational access and insufficient services. Poverty, coupled with isolation, lack of education and illness, presents a formidable societal challenge. Despite advancements in poverty measurement and analysis, the World Bank Group continues to refine indicators for its complex dimensions. This chapter conducts a comprehensive exploration of poverty in India and globally, examining its significance, root causes, assessment methods and various initiatives for its alleviation across sectors and economies. Employing rigorous analytical techniques, including secondary data, published reports and international case studies, the author offers a holistic perspective on poverty in developing nations, delving into diverse statistical approaches and strategies used by countries. The resulting findings provide readers with a deep understanding of poverty-related concepts, highlighting real-world causes and consequences, particularly within the context of India. This knowledge proves invaluable to individuals, decision-makers, government entities, researchers and industries that rely on poverty indices for informed planning and the pursuit of sustainable development.

India's privatisation era is always praised for its capacity to create opportunities and more effective business models to support growth. By excluding the weaker, less skilled and more vulnerable groups in society, private enterprises may also be more likely to exacerbate economic imbalances and inequality, according to the current study. Recent data show that inequality in India has significantly increased in a variety of ways. Additionally, it has been asserted that the private sector makes the wealth gaps worse. In a similar vein, most people would only have limited access to a premium knowledge base or service. This is a worry since the government began disinvesting by selling public sector firms to the private sector, which resulted in a progressive decline in State ownership and control over resources. Privatisation results in the State's loss of control over decision-making and price setting. This may increase the likelihood that expensive, high-quality items and services will be. This study makes an effort to offer solid proof of how the private sector contributes to the country's unequal wealth distribution and low levels of knowledge exchange. This study will also explore if the Indian government can reduce income inequality and poverty rates by enacting sound policies that apply to both the public and private sectors. The results would encourage changes in policy aimed at reducing economic inequality in India and advancing welfare.

The globe faces a difficult job in maintaining a sustainable ecosystem. Sustainable development goal (SDG-2030) is an important agenda for United National Organization. By 2030, the United Nations aims to have eliminated hunger, poverty, social protection, environmental protection, social security and inequality as described in different goals of SDG-2030. This cannot be accomplished without diligent work from each member. This study focuses on the strategy to removal of poverty with go green concept. The study is based on secondary data which was collected from different websites and previous research papers. This is analyst-based research. The go green notion is stressed in this chapter as aim to achieved SDG-1. The go green idea and its supporting industries were stressed in this chapter as a means of achieving SDG-1. This chapter discussed the many forms of poverty and an examination of their causes, as listed in SDG-1. Environment degradation is crucial for the SDGs. This chapter links SDG-1, 2, 6 and 7, which are concerned with hunger, clean water and sustainability of energy sources. This study explores achieving SDG while protecting the environment. This chapter explains how green growth policies, technology, good healthcare equipment, a strong education sector and effective communication technologies can all work together to achieve SDG-1 in a sustainable manner. This study focused on the resources needed to eradicate poverty in various regions. It is a crucial component of sustainable endeavours that help preserve a healthy environment for coming generations. Human development was dependent on a healthy environment. This study emphasised green growth, eco-friendly transportation and clean energy concept while achieving SDG-1. The study analyses different parameters to remove poverty with go green concept.

This chapter explores into the understanding of poverty and mitigating the challenges by revisiting for a sustainable alleviation of the scales of economy. Eventually insufficient income and spending is the bastion of natural deprivation for household problems. Effective measures are critically examined to redefine the obstacles that are key to upliftment and eradication of poverty. It essentially aims to bridging the gap, analysing the SDG goals through a trend analysis for a time period. These strategies will introspect into overcoming the emerging areas of concern with a futuristic development. Evidently global challenges in the social, economic, political and cultural ecosystem require newness of intervention and initiatives to achieve the triple bottom line, revisiting the dimensions of poverty. Essentially it will anatomise into the causes and consequences of poverty through certain measuring yardsticks in the context of different economies globally. These social, economic, political, legal and technological interventions through their novel strategies can empower and create inclusion for the sharing of equitable wealth distribution, ensuring justice and supporting human rights, providing social security to the poorest of the poor. This study shall innovatively scan through the new entrepreneurship models to understand the skillsets across the globe in order to foster good governance in a win-win environment. Nevertheless, the aspects of poverty alleviation and sustainable order for mitigating the challenges of poverty shall be addressed in the spectrum of climate change and volatility, uncertainty, complexity and ambiguity (VUCA) environment. Basically, in review of the aforesaid dimensions, this study shall vividly examine on the Sustainable Developmental Goals (SDGs) pertaining to poverty alleviation worldwide to adjust for the seamless and uninterrupted continuation trend analysis of the periodic plans of action. It shall adjudge into the befitting global trend admissible under the uncertain future.