The outcomes of experiential learning on social engagement and societal impact are channeled through its three verticals-
Environmental and Sustainable Business Practices (ESBP)
Unlocking Rural Potential (URP)
MSME Development.
Environmental and Sustainable Business Practices (ESBP)
Modern enterprises must address the issue of sustainable development. It seeks to balance people, the environment, and profits. While on a larger scale, sustainable development has become a catch-all term for green business practices that transform corporate objectives, on a local level, sustainability unlocks various difficult to handle concerns related to environmental and societal management. The Environmental and Sustainable Business Practices (ESBP) EL vertical aligns with this concern and engages students with organizations addressing micro issues on sustainable development such as the impact of climate change on crops, strategic planning and implementation of SDG frameworks, fostering carbon negative practises in firms, biodiversity conservation, developing seed banks and distribution systems to conserve region-specific seeds, and eco-friendly textile products, and so on.
Unlocking Rural Potential (URP)
Rural Management is an essential topic for developing capacities in the resourceful but difficult to access rural terrain. Although a rural environment may have many resources and distinctive goods, streamlining supply capabilities might be challenging owing to uncoordinated players, disconnected value chains, rural stigma, and a lack of knowledge. This concern is addressed by the EL vertical of Unlocking Rural Potential (URP), which connects students with organizations addressing rural management issues such as uplifting rural livelihood by developing employment opportunities, promoting smokeless stoves in rural regions to improve women's health, Gram Swaraj, Eco- and agro-tourism, strategic planning for the Jal Jeevan mission, diagnosing farmer issues for organic products to improve farmer income, Van Panchayat and forest management, and so on.
MSME Development
MSME is an acronym that stands for Micro, Small, and Medium Enterprises. According to the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006 in India, enterprises are divided into three categories: micro enterprises (turnover less than or equal to INR 2.5 million), small enterprises (INR 2.5 million to INR 50 million), and medium enterprises (INR 2.5 million to INR 50 million) (INR 50 Million to INR 100 Million). MSMEs, regardless of government categorization, are fledgling businesses with enormous growth potential and risk. The EL component of MSME Development, in this context, connects students with young enterprises such as cooperatives, new businesses, start-ups, and small-scale manufacturing units. Examples of topics covered include branding of organic products from mountain women's cooperatives, brand creation for fledgling businesses, and finance and growth levers for rural businesses.
