Join us in REVIVING India

Join us in REVIVING India

The most vital factor to contain the destruction created by Covid-19 is to empower the ones dispossessed and at risk. To restore the livelihoods lost during the pandemic, we have partnered with USAID, MSDF and Omidyar Network India to launch a $6.85 million blended finance facility called REVIVE.

REVIVE will provide accessible and affordable capital in the form of grants, returnable grants and loans to previously employed or self-employed workers and at-risk nano and micro enterprises to either restart and sustain their work or find alternative business opportunities.

With REVIVE we are expecting to support 100,000 workers and enterprises with a preference given to youth and women.

I’m glad to inform you that REVIVE has already received support from corporates such as Arvind Limited, Godrej Consumer Products Limited and foundation like Brihati Foundation powered by Claris.

I would like to invite you to be a part of our goal to bring people back to a road to recovery and reignite the economy.

Better Normal – Not just a New Normal

Better Normal – Not just a New Normal

COVID-19 and subsequent lockdowns brought on a convergence of crises across health, livelihoods, education and social justice. 

Millions of people have been pushed back below the poverty line. The impact on our unskilled and semi-skilled workers, and our nano/micro entrepreneurs has been devastating. Healthcare workers and sanitation workers continue to be at the forefront of the COVID-19 response, with little support to ensure their wellbeing and protection. 

The development sector faced its own challenges; funding to the social sector reduced substantially in 2020 and there remains high competition for a small pool of funds. 

COVID-19 didn’t create all these issues; the virus and subsequent lockdowns exacerbated and laid bare existing systemic frailties. The vulnerable have always been one crisis away from breaking point, and COVID-19 has created innumerable breaks and fractures in our society and economy.  

It is a paradox that those who are most vulnerable, also have an outsized role to play in re-invigorating our economy. India’s very economic recovery is in jeopardy if we do not shore up those who drive it. 

So we are bewildered when people talk about a new normal, an alarming word that indicates a satisfaction with the status quo. For Samhita, ‘business as usual’ was never an option in 2020, and it will not be an option as we continue the battle against COVID-19 in 2021. 

In 2021, vaccines won’t be accessible and affordable for millions for some time to come. Virus mutations may hit us and result in escalating infections and compensatory lockdowns. Our economy and society, already frail from shocks in 2020, are not yet on a clear path to recovery in 2021. 

It is time to create a Better Normal, during the COVID-19 crisis and beyond. A Better Normal where Samaaj, Sarkar and Bazaar understand that they succeed only when our most vulnerable communities survive and thrive. A Better Normal that gives hope and joy to everyone.

The aspiration for a Better Normal led us to build two platforms with bilaterals / multilaterals, companies, foundations and social organisations – REVIVE, a blended finance facility to ensure better livelihoods for 100,000 workers and micro-entrepreneurs, and India Protectors Alliance, a collaborative platform to support 500,000 healthcare and sanitation workers respond safely and effectively to the COVID-19 and other crisis. Both platforms leverage limited resources, and maximize the impact of existing systems to create impact at scale. 

It’s imperative that we band together to create this Better Normal. To begin with, I invite you to articulate what a Better Normal means and through this interaction, we want to create a collection of ideas and perspectives which will help us shape better strategies in India’s development sector, and truly achieve a Better Normal.

I would love to hear from you on how we can create a Better normal for all the people we serve. Please feel free to contact me at priya.naik@dev.samhita.org.

I also invite you to engage us on social media with the hashtag #BetterNormal.

Business responsibility and brand purpose in a better normal

Business responsibility and brand purpose in a better normal

The better normal re-imagines business environments where social value is an integral aspect of growth, putting stakeholders and environmental guardianship at the centre of business strategy, a strategy that evolves from inputs to outcomes, from individual to ecosystem, and from delivering services to building capacity and enabling the market.

To achieve this, we are guiding companies in evolving from compliance-driven CSR to strategic and catalytic CSR that incorporates scale, sustainability and a stakeholder focus into business strategies. We enable companies to align their core competencies with the needs of the social sector, build catalytic partnerships with stakeholders with in-depth knowledge of social issues, first-hand experience and the networks to execute substantive impact initiatives and by utilising catalytic finance tools to promote a longer-term, outcome-oriented approach for initiatives.

This approach bridges the gap between purpose and action, creating strategies that balance people, profit and planet, helping you elevate your business responsibility, and creating a better normal for the communities and environments that interact with your business.

India Inc buckles up to mitigate the impact of the COVID-19 pandemic

India Inc buckles up to mitigate the impact of the COVID-19 pandemic

“Whether to safeguard their workers or help strengthen the country’s COVID-19 response, companies across India are stepping up to strategically utilize their resources to address the here-and-now but also shoring up for the future in ways that are beneficial to both business and society.”

Samhita’s CEO & Founder, Priya Naik and Visiting Scientist at The Banyan Academy of Leadership in Mental Health, Dr. Nachiket Mor, illustrate the virtuous cycle of mutual benefit that can be created between business and society, especially in times of such crisis when the chasms between the haves and have-nots are wide.

The key to COVID-19 prevention in slums

The key to COVID-19 prevention in slums

Slums across India have been disproportionately affected by the COVID-19 crisis. 42% of Mumbai’s population lives in slums and therefore they require carefully planned measures to ensure that preventative and primary care remain accessible.

The Bridgespan Group and WHO emphasise that community participation is the key to implement any COVID-19 preventive interventions in the slums.

This is as a model of care, designed while incorporating community participation is more likely to be accepted and effective in the long-term. To elaborate on the practicality of their recommendation, they describe activities where communities have been engaged and relay how this principle helped the programs in Mumbai slums.

Are healthcare facilities accessible to India’s tribals?

Are healthcare facilities accessible to India’s tribals?

“India no longer has the luxury of continuing to wait and watch as millions of its tribal peoples suffer and die from preventable causes.”

There is a much higher incidence of maternal and under-five mortality, stuntedness, tuberculosis, and cardiovascular diseases among India’s 104 million tribals compared with the larger population.

Piramal Swasthya and The Bridgespan Group map out the reasons for the lack of reduction of health challenges in tribal areas based on their field studies.

They outline factors such as barriers in access to healthcare and information, insufficient number of public health facilities, and lack of data.

They stress that for scalable and population-wide impact to be achieved, especially to meet India’s national aspirations of Sustainable Development goals of health and well being- a focused and collaborative approach between all stakeholders of society is the only way forward.

Align your employees with a broader purpose

Align your employees with a broader purpose

“Employees are agitating for decisions and behaviours that they can be proud to stand behind and gravitating toward companies that have a clear, unequivocal, and positive impact on the world. Organizations turning a blind eye will face inevitable blowback”.

Read McKinsey & Company’s insightful article ‘Purpose: Shifting from how to why’’ to know how companies can begin addressing this ‘purpose gap’ and take ownership of their entire business ecosystem.

The importance of NGO Governance

The importance of NGO Governance

Ragini Menon, Consultant and Anushree Parekh, Advisor at Samhita Social Ventures ask, “Would we prefer to fly on an airline that had the lowest maintenance cost? Or go to the hospital with the oldest, depreciated equipment?” A survey conducted in 2017 revealed that 70% of 250+ NGOs do not possess the funds to recruit skilled staff, and 40% claimed that they could not attract senior leaders due to limited resources.

Deep contrast to this is the fact that philanthropic giving in India has seen a 15% increase from INR 40,000 crore in 2014 to INR 90,000 crore in 2019. There exists a tradition of majorly providing funding to NGOs for projects, This report unravels why it is absolutely critical for the giving ecosystem to strategically invest in the training, research and organizational development of the talent of NGO partners with the end goal of increasing the overall capacity of outreach, quality, and durability of impact achieved.

To learn about how to assess an NGO partner, beyond material factors such as responsible governance, financial sustainability, and legal compliance and common societal misperceptions of NGOs, give our article a read.

Can the Microcredit Model Be Improved?

Can the Microcredit Model Be Improved?

The problem here is not a lack of microcredit programs or their execution but rather something in the model itself. This leads us to ask: Can we modify or extend certain aspects of the microfinance model to achieve better outcomes for recipients?

Vikas Dimble, Director of Knowledge and Research at Samhita and Ahmed Moshfiq Mobarak, Professor of Economics at Yale University write on how microcredit can be used to help poor communities pull through unexpected shocks if the microcredit model is modified to incorporate inclusivity and flexible lending practices.