The Social Stock Exchange segment on NSE provides Social Enterprises (Non-profit organizations (NPOs) and For-profit enterprises (FPEs)) engaged in eligible activities a unique opportunity to register itself and raise funds on a recognized exchange platform.
A Social Enterprise i.e., a Not-for-Profit Organization (NPO) or a For Profit Social Enterprise (FPE) fulfilling the eligibility conditions as specified in SEBI ICDR Regulations or as specified by SEBI from time to time will be permitted to register or list its instruments.?
- eradicating hunger, poverty, malnutrition and inequality.
- promoting health care including mental healthcare, sanitation and making available safe drinking water.
- promoting education, employability and livelihoods.
- promoting gender equality, empowerment of women and LGBTQIA+ communities.
- ensuring environmental sustainability, addressing climate change including mitigation and adaptation, forest and wildlife conservation.
- protection of national heritage, art and culture.
- training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports supporting incubators of Social Enterprises.
- supporting incubators of Social Enterprises.
- supporting other platforms that strengthen the non-profit ecosystem in fundraising and capacity building.
- promoting livelihoods for rural and urban poor including enhancing income of small and marginal farmers and workers in the non-farm sector.
- slum area development, affordable housing and other interventions to build sustainable and resilient cities.
- disaster management, including relief, rehabilitation and reconstruction activities.
- promotion of financial inclusion.
- facilitating access to land and property assets for disadvantaged communities.
- bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection.
- promoting welfare of migrants and displaced persons.
- any other area as identified by the Board or Government of India from time to time.
- At least 67% of the immediately preceding 3-year average of revenues comes from providing eligible activities to members of the target population
- At least 67% of the immediately preceding 3-year average of expenditures has been incurred for providing eligible activities to members of the target population
- Members of the target population to whom the eligible activities have been provided constitute at least 67% of the immediately preceding 3-year average of the total customer base/beneficiaries
Emergence of Social Stock Exchange Concept in India : More Details
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4 周I agree
CEO, Ignis Careers
1 个月Hi, Is there anyone who is using this? I would like to learn from someone experienced in using Social stock exchange. Does this work? How does this work?
PCCF & Chief Wildlife Warden(Rtd). Telangana Member IUCN CEM Forest & Urban Ecosystem Specialist Group Ambassador 2023 @Panorama_Planet #Forest Land Restoration #Climate Change #Sustainable Development #Circular Economy
1 个月A wonderful initiative of NSE India aiming to bridge the gap between committed organisations including NGOs and finances for the essential and most desired interventions for the present day socity.
Director Madhushram Foundation | Development Professional | Skill Development | Corporate Social Responsibility (CSR)
1 个月It is a very good initiative. We are trying to register our NPO on it but one problem we are facing of RTA service. It is a bit complicated for grassroot level NGOs to find RTA and understand the process.
Sustainable Livelihoods | Climate Resilient Agriculture | MLE, Research & Impact studies I Ex-BASIX, IIFM and RRL (CSIR-Bhopal)
1 个月Thanks for sharing