UPSC   |   1 year(s) ago

Social Stock Exchange



Recently NSE received the final approval from SEBI to set up a social stock Exchange.


It is a platform that allows investors to invest in certain social enterprises or social initiatives.


The Union budget 2019-20, proposed to initiate steps towards it, further which SEBI set up a technical group in 2020.


The platform aims to serve private and nonprofit sector providers by channeling greater capital.


Already countries like Singapore have set up a Social Stock Exchange in their respective countries.

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