expanded to include environmentalism, technology, and even consulting. Organizational differences are acknowledged in the tax codes of several states with entities such as benefit corporations. The Organisation for Economic Co-operation and Development (OECD) defines sectors differently, depending on the purpose. A sector can be a grouping of institutions, such as government (taxing authority), business (taxable profit-making), philanthropy (untaxed nonprofit), and household (taxable personal income). However, due to increasingly hybridized institutions within the social economy, their categorization may not clearly fit within the social enterprise compass. Designation may depend upon legal and financial structures, as well as the organization's purpose and goals. Policy makers may need to shift legal boundaries to adapt to this dynamic social economy. The rise of the social economy, sometimes referred to as the fourth sector, began in the 1980s. Then-President Ronald Reagan drastically cut public spending, which significantly decreased the amount of funding non-profits received. Yet, as neoliberal shifts privatized what were previously public services, the non-profit sector became increasingly necessary to provide goods and services. The third sector blossomed; as of 1980, there were just 32,000 tax-exempt charitable organizations registered with the IRS, but by 2006, that number grew to over 600,000. Continued stagnation in funding throughout the late 1990s despite the growing number of nonprofits meant increased competition for the limited grants available to the third sector. As such, non-profits became increasingly entrepreneurial as a means of survival, giving rise to the social economy or so-called fourth sector. This "fourth sector" differs from the third sector by its location (in the United States) and its emphasis on business (as opposed to government) leadership. In the contemporary neoliberal socioeconomic and political environment, the United States' market-based mechanisms are emphasized in the social sector, such as within social entrepreneurship and venture philanthropy. India The cooperative movement in India has made remarkable progress, working more than 600,000 cooperatives and 250 million members, making it the largest cooperative movement of the world. Cooperatives have a huge network and unparalleled reach, with 100% coverage in 500,000 villages. Cooperatives play a pivotal role in the mainstream of Indian economy, particularly in the fields of agriculture & rural credit, distribution of agricultural inputs, storage, fertilizer, marketing, labour, micro finance and housing. and cooperatives are working towards inclusive growth, cooperative ideals and cooperative organization are more effective in meeting their people centered objectives. Cooperative provides third highest employment after private sector and