Social Stock Exchange

The Social Stock Exchange (SSE) is a novel concept in India, first proposed in the 2019-20 Union Budget and structured by a working group under the Securities and Exchange Board of India (SEBI). It does not operate as a standalone exchange but as a distinct segment within existing national exchanges, primarily the National Stock Exchange (NSE) and BSE Ltd. Its mission is to provide a formal, regulated platform for social enterprises to access public funding, thereby enhancing transparency, efficiency, and scale in social impact investing. Non-Profit Organizations (NPOs) can raise funds by issuing Zero Coupon Zero Principal (ZCZP) instruments, while For-Profit Social Enterprises (FPSEs) can raise capital through traditional equity or debt instruments on the main board or SME platforms.