Profit making & Non-profit making Organizations for Locality Development

• Organization:
  Organization we mean an Institution, an association consisting of a group of people having common aim and objective, working in a common platform.
  
  The concept of Organization:
  The modern civilized society is characterized by a large number of Organization. Our society in a way is an organizational society. We are not only live in and work through organizations but satisfy most of our desires & fulfill our aspirations through organizations. The term organization is used in different ways to mean different things.
  
  Profit making organization:
  The organizations which are working for their benefit as well as for the benefit of the common people are called as the Profit Making Organization.
  Types of Profit-making Organization


• Cooperatives


• SHGs


• Governmental Organizations


• Corporate sectors


• Industries


• Educational Institutions
  
  Cooperatives:
  Cooperative is an Institution/association of persons united together to meet their common economic, social& cultural needs. Its main aim is to improve the economic condition of the rural poor.
  The marketing cooperatives are strengthen the bargaining capacity, secure the cultivator a better price for their produce, eliminate the middle men& money lander. The paddy processing, rice mills, cotton baling are also made for obtaining a greater return. The cooperative sector contributes nearly 59% of the total Sugar produce % 51% of Milk produce. There have also 5-6 crore women are working in the 90,00 Cooperative sectors.
  Though the cooperatives are the profit making organizations, working for its own profit.
  
  SHGs:
  The self help groups are those small organizations, generally consists of its 11 members in a group, their activities are thrift and credit. They save a small person of their earning, which they deposit in the Bank.The members join in the group for their own interest and development.
  
  Governmental Organizations:
  The Governmental Organizations are working for the betterment of the society as well as for the benefit of its own. The Organizations as Bank, Medical, School and colleges, Police departments are comes under those groups, where people are working for earning money.
  
  
  Corporate sector:
  The corporate sector has made some contributions for the societal development but all its efforts are through the individual Institutions. The main aim of these sector is to strengthen its capacity and development of industrial, commercial sector.
  
  Industries:
  Industrialization, in its narrow sense, refers to the system of Factory production. It has rightly been described as the second wave of change in human civilization. Through Industries, a high degree of labor mobility takes place. There have also growth in marketing and commercial centres for sell of consumer goods and through increase of medical technology & standard of living.
  
  Educational Institutions:
  Most of the private educational Institutions are depends upon the donation & tuition fees of its students & trust from its core members. Though they provided best efforts in the field of education, their main aim is earn money for the development of the institution.
  
  Non-Profit making Organization:
  Non profit making organization we means, the organizations which are working for the betterment of the common people without having any self interest.
  
  Types of no-profit making Organization:
• Voluntary organization
• NGO
• CBOs
• Funding agencies
• Youth club
  
  Voluntary Organization:
  VOs means, a group of people working together voluntarily to help the needy persons with their available needs & resources. They are the non-profit making organizations who are working for the welfare of the common, needy people without any interest. The Harijan Sevak Sangha, Kasturbagandhi Memorial Trust, Tata Institute of Social Sciences are the voluntary organizations , who are working for the needy people & in the field to provide basic rights to them.
  
  NGOs:
  The non governmental organizations are working for the socio, economic & environmental development of the common people. In India there have thousands of Private organizations, who are working both in the Rural & Urban areas for the betterment of the common people, who are need help.
  
  CBOs:
  The Community Base Organizations are the organizations who are working for the betterment of the common people within the Community according to the need & available resource of the community people.They are generally small in size.

Funding Agencies:
Funding agencies are both Governmental & Non-Governmental in nature. They mobilize & utilize funds, money for the development of an Individual & a group. They raise fund, to generate expected benefit for an individual/group or community. The Dorabji Tata-Rural Welfare Trust, UNIFEM, UNICEF, OXFAM, Action Aid are working for the development of the people on the field of Education, health, agriculture and rural development of the people.

Youth Club:
Youth Clubs are organizations of the young people. In most cases, youth clubs exist to serve the recreational needs of the young people. But they also get involved in various Social works, such as running Literacy centres, organizing relief for flood victims, conducting festivals, melas and awareness campaigns.

Profit making organization:

• Working for their own benefit
• Depends on funding & cash
• They work to earn money
• Work only for the benefit of the organization
• They work according to the organizational norms
• They work for a specific period of time
  
  Non-Profit making Organization:
• Working for the betterment of the society
• They don't depend upon any fund for social welfare
• They are working for the community benefit
• Work voluntarily for the common people
• They believe on immediate action
• There have no time limit to help the needy people