Democratizing Economic Opportunities
The programs are primarily focused on the local economic development wherein TNS India Foundation enable smallholder farmers to grow high-value products, engage with private-sector companies, and sell to profitable markets, integrating skill development for the youth wherein TNS India Foundation increase incomes in target communities and in turn further catalyze economic and social development. TNS India Foundation also provides business training and skills development opportunities to people in under-resourced communities in order to improve livelihood opportunities for them and entrepreneurship development intervention for women wherein TNS India Foundation integrates custom support for women to our programs to expand their capacity and opportunity for sustainable livelihoods. TNS India Foundation partners with the corporates to implement social-welfare programs and create shared value by meeting their CSR and business needs.
Incremental Financial Benefits
We calculate incremental financial benefits or benefits quantified into monetary terms, which are created due to or are attributable to our interventions. The financial benefits (FB) indicator captures three types of financial benefits:
Revenue: The value of an increase in sales generated by the project
Cost: The absolute value of any reduction in costs generated by the project
Salaries/ Wages: Projects that have job creation as an explicit goal which we are directly influencing through the intervention can report the incremental salaries/ wages if it does not double count the incremental revenues.
For arriving at incremental benefits, wherever possible, we undertake counterfactual study for program attribution to the benefits thus calculated.