Can Ngo’s sell products online???

Hello everyone,

NPO's.jpgTrust all of you doing well in your life. Today I would like to give some information’s about selling of products online by NGO’s. According to me It is great question “Can Ngo’s sell products online?” When question is great then answer is too great. The answer of this question is “Yes”. NGO’s can sell their products online or offline without any restriction. Amount earned through selling not counted business profit.  About 500 non-governmental organisations have decided to launch a website to showcase their products to tap new markets. “Most of NGOs make very interesting products, but often cannot sell them as there are no shops for them. The website will allow them to showcase their products. Startups are increasingly partnering with non-governmental organisations to market products and services offered by people from low-income groups, accessing the vast networks of NGOs and skilling marginalized youngsters in the process while taking their products such as handicrafts to international markets via online platforms.

Shop for a Cause, Dharavimarket.com, Up-cycling Project and Green the Gap are among the startups that are working with NGOs for their social enterprises, creating a bridge between non-profit and for-profit enterprises.
Amazon, Flipkart, Snapdeal and Paytm also allowed to NGO’s for selling of products. The provisions of Service Tax, Income Tax and Vat are equal for NGO’s and other type of entities.
Tata TrustMoving from just aiding non-government organisations (NGO) to funding ‘socially relevant’ startups, Tata Trusts in association with Department of Science and Technology (DST) and Lockheed Martin would invest around $20 million over a period of 10 years in new companies.

The partners intend to invest $2 million annually through the India Innovation Growth Programme (IIGP) 2.0, including provisions for seed money, for the entrepreneurs to develop technology-based solutions for the betterment of the society.

According to officials at Tata Trusts, startups which help in providing solutions to issues such as waste water management, traffic management, might be even made part of the group and taken on an expansion route. The company hopes that such companies might also help it in its smart city play and help in future smart city projects. According to DST, the 500 startups aided in the first 10 years of the programme for a mere $10 million are now combined valued at over a billion dollars.

The programme to help startups under India Innovation Growth Programme 2.0 would be rolled out by Ratan N. Tata, Chairman, Tata Trusts, Ashutosh Sharma, secretary DST, and George Strandridge, vice president, business development, Lockheed Martin Aeronautics Company at Rashtrapati Bhavan on Friday.

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