"The Honourable Finance Minister of India initiated the development of an Indian Social Stock Exchange that would also act as an electronic fund raising platform.

Relevance to investor:
As a platform for infusing social capital, it will encourage blended finance structures. Conventional capital can be combined with social capital and offer investors a platform to list securities and other funding structures guided by defined processes. It will be a place where investors can meet and partner with those raising funds through "several instruments such as zero-coupon-zero-principal bonds, social venture funds and mutual funds."

Objectives:
"Initiate steps towards creating an electronic fund raising platform--a social stock exchange--under the regulatory ambit of Securities and Exchange Board of India for listing social enterprises and voluntary organizations working for the realization of a social welfare objective so that they can raise capital as equity, debt or as units like a mutual fund”

Institution behind the policy / framework:
Securities and Exchange Board of India (SEBI), GoI

Target users:
Civil society, social enterprises, any investing business

Components of the policy / framework:

Policy Recommendations-

• Designing appropriate policy interventions
• Designing appropriate policy interventions
• Market making
• Tax policy