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An over-engineered social stock exchange?

With over Rs 246 billion spent by companies on corporate social responsibility in FY20, the social sector is now deep

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Amit Tandon
If Brazil, South Africa, Portugal, Canada, Singapore, the UK and Jamaica can have one, so should we. I am talking about a social stock exchange (SSE). The finance minister in her 2019 Budget announcement called for the creation of an SSE, and the Securities and Exchange Board of India (Sebi) in its September 28 board meeting this year approved the creation of such an exchange. 

The intervening period was spent by Sebi first, in setting up a working group under Ishaat Hussain, which submitted its report in May 2020. The regulator then followed this by setting up a technical advisory committee
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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