India is a developing nation. For the last 66 years, it has been developing. Why is it not well developed? What are the issues which hinder the development of our country? Why are we not able to achieve the economic growth rate that we desire? The answer to all these questions lead to economic problems: low investments, low production and inflation, Added to them are other problems like low literacy rate, poverty, bureaucratic, red tapes', etc. These basic problems throttle the growth of our economy. If, as citizens, we want to solve these issues, we have to reform our society, the priority of which is to earn maximum profit (to make as much money as possible) without due concern for the social and environmental issues. This paper argues that if as responsible citizens, people join hands and do business not only to generate profit but also to solve social issues, India will develop faster. This requires a change in the mindset of people. Investors, especially institutional investors, pension fund investors, etc. are the big fund providers to corporate. They have the power to pressurize companies to follow ethics in their operations and work for solving the social issues. These investors are known as social investors or socially responsible investors. This study aims to propose a new paradigm for businessmen and for the investors, which would enable them to contribute to solving some of the social and economic problems facing our nation. If these entrepreneurial solutions are injected in the economy, India would achieve a better position in the world.