engineering success review

engineering success review

engineering success review Published this article page no   117 FINANCIAL MARKETS 3.2.1. SOCIAL STOCK EXCHANGE Why in News? After recommendations of the technical Group Securities and Exchange Board of India (SEBI) has laid the framework for Social Stock Exchanges (SSE). About Social Stock Exchanges (SSE) SSE functions as a regulated funding platform to allow ForProfit Social Enterprises (FPEs) and notforprofit organizations (NPO) with a social purpose to raise funds. o At present avenues through which the social sector (FPEs and NPO) receive funding include Corporate Social Responsibility (CSR) impact investing philanthropicGovernment grants etc. At SSE impact investors can buy stake in the form of bonds from listed organizations. It provides a mechanism to preserve the social and environmental mission of the organizations giving the investors opportunities to mitigate socioeconomic problems through investments that also have the potential to produce financial returns. Examples of prominent SSEs UK (Social Stock Exchange) Canada (Social Venture Connexion) South Africa (South African Social Investment Exchange) Singapore (Impact Investment Exchange). Framework for SSE includes SSE will work under the regulatory ambit of SEBI as a separate segment of the existing stock exchanges. Based on 15 broad eligible social activities approved by SEBI NPOs engaged in those activities may raise funds through equity Zero Coupon Zero Principal Bonds Mutual Funds etc. after registering with SSE. SEBI will engage with NABARD SIDBI and stock exchanges towards instituting a capacitybuilding fund with a corpus of 100 crore. Social audit shall be mandated for social enterprises raising fundsregistered on SSE. Why do we need an SSE? Improved market access to capital for enterprises that seek to deliver a positive change in society. Improved Transparency and accountability with Better Project Implementation due to monitoring. Help government in achieving the developmental goals by leveraging private sector participation engineering success review buy.

engineering success review