ASSOCHAM Virtual Colloquium “Social Stock Exchange in India”

The financial resources for social sector in India are primarily driven by the government and philanthropic contribution made by High-Net-Worth Individuals over the long past. COVID-19 has made an adverse impact on India’s efforts on eradicating hunger and poverty. With this there is a significant rise in the demand which need action beyond conventional methods of funding and inclusiveness. As per report by NITI Aayog, India has currently average funnel about 7% of GDP into social causes. In view of India’s agenda to achieve its UNSDG commitments by 2030, the required level of funnel is approximately 13-14%.

The recent regulatory frameworks and guidelines for Social Stock Exchange issued by the Securities and Exchange Board of India are a futuristic reform which will be a catapult to much needed-evolving socio-economic environment. The SSEs will be an equal opportunity provider- A Bridge- to all eligible social enterprises to help them raise funds i.e. by both For-Profit and Not-for-Profit entities in India. This can be seen as a next level transformation over prevalent practices w.r.t- how the funds are raised and spent in social projects, how accounting and reporting to the tax provisions and annual filings by such entities are compiled and sustainability matters.mr

In view of immensely growing importance for sustenance of social enterprises, ASSOCHAM Task Force for Governance in Societies, Trust and NGOs contemplates to organise the Virtual Colloquium on “Social Stock Exchange in India: The Next Inclusive Growth Trajectory: Emergence, Sustenance and Governance”. 

The objective is to familiarise the promoters and their teams in social enterprises about regulation of SSEs, instruments for fund raising, international practices and eligibility for listing.  This will provide them an exposure to the opportunities of being featured on SSE platforms as well as challenges being ignorant to the same in future.

We take this opportunity to cordially invite your esteemed organisation to join us for the virtual colloquium and request you join as Partner and/or nominate participants from your organisation.

For partnership and speaker opportunity please feel free to connect.

Looking forward to soliciting your benign participation in the conference.