The Securities and Exchange Board of India (SEBI) has constituted a working group to suggest norms on Social Stock Exchanges (SSE) under the chairmanship of Ishaat Hussain, Director, SBI Foundation with 14 members.
The so-called social stock exchanges in the country will allow companies operating in sectors such as health, environment and transportation to raise risk capital.
In the Budget, the Centre had asked SEBI to initiate steps towards creating a social stock exchange.
