The Securities and Exchange Board of India (SEBI) on January 20, 2025, issued a consultation paper on the Review of Framework for Social Stock Exchange.
The following has been stated: -
•The consultation paper reviews the framework for the Social Stock Exchange (SSE) and proposes various amendments to broaden the scope of eligible activities, such as including welfare for disadvantaged groups, vocational skills, and environmental/cultural projects.
•It suggests expanding the criteria for Social Enterprises to cover cultural and environmental entities. Proposals also include adjusting eligibility based on business income for for-profit social enterprises and revising disclosure timelines for NPOs.
•The paper aims to improve transparency, governance, and social impact measurement, with comments invited by February 10, 2025.
The detailed consultation paper is given in the document below.
