Economic Survey Backs For Social Stock Exchange

• 02 Feb 2021

• The Economic Survey released by the Union Ministry of Finance on January 29, 2021 highlighted the concept of setting up a social stock exchange (SSE) in India for raising capital by organisations working for the realisation of a social welfare objective.
• It will be under the regulatory ambit of the Securities and Exchange Board of India (SEBI), the survey said.
• A social stock exchange (SSE) enables social enterprises to list their securities or other financial instruments, providing them with an avenue for raising capital for their operations and growth, and reducing their dependency on ad hoc funding like grants or donations. This would operate as a separate segment under existing Indian stock exchanges, enabling socially minded investors to diversify their investment portfolio and developing a strong social securities market in the country.