Abstract: The endeavours and humanitarian crises from the archives have seen multitude of economic agents striving to balance the incongruity across the globe and bringing them in harmony with the developmental goals of the society. India being a welfare state as well as one of the top ten emerging markets has seen considerable growth and upliftment from the pre-independence state. The second most populous country in the world with the growth rate of 37% encounters the ever increasingly contrasting and distinct requirement of the nation. Mutually inclusive efforts of state and marketplace, however are not sufficient. The exhaustive list requires the participation of third sector alternatives to attain the neglected positive externalities. The government of India has identified the role of society and social organisations in addressing the problems of the deprived segment. Social organizations have taken up many forms comprising non-governmental organisations, non-profit organisations, social activism, social entrepreneurship and the combination of all. The crowding of non-governmental organisations over the years has led several researches in studying the prospects and effectiveness of the same. Non-governmental organisation is an umbrella term for all voluntary and charity ventures-relying on donations, membership fees, subscriptions and various activities for raising funds. Even so, the augmented scope of sustainability and unsatisfactory equilibrium existing in the society is underpinning the need to evolve. The study reviews the research on the non government organisations and its volunteers acknowledging their potential. It demonstrates the potential of NGOs in metamorphosing into different structures, concurrently enlarging the scope of its sustainability and the effectiveness of the value created.