SEBI Panel For Social Stock Exchanges

• 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.

Source : Civil Services Chronicle Online, October, 2019