Social stock Exchange: A financing platform for social enterprises in India
India’s economic imperative is to feed, educate, clothe, and empower more than a billion people in ways that grow and conserve its natural, social, and sustainable heritage. It cannot expect to accomplish this lofty goal on the strength of conventional corporate capital alone. The evidence of that is that there are around 3 million non-profit organizations. One of the significant hurdles these not-for-profit organizations (NPOs) face is the shortage of financial assistance to carry on their efforts and the lack of formal structure to raise funds.