The idea of having a Social Stock Exchange in India has been circulating since it was proposed by Union Finance Minister Nirmala Sitharaman in her budget speech last year.
Social entrepreneurs face multiple challenges in raising funds for their causes. A structured mechanism would potentially help them find support and scale up more easily.
But what exactly is a Social Stock Exchange and how should a social enterprise be defined? Will investors be ready to support good ideas for ‘low’ or ‘no’ returns? Will NGOs be able to transit to this new mechanism?
Dr R. . .