• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Monday, May 23, 2022
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

    Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

    From free water to no water: Half CM’s Full Blunder

    From free water to no water: Half CM’s Full Blunder

    1000 ASI protected temples will be reopened for worship

    1000 ASI protected temples will be reopened for worship

    It’s time for India to show the WTO that humility is the prime virtue of a beggar

    It’s time for India to show the WTO that humility is the prime virtue of a beggar

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India dwarfs every country on the planet in terms of FDI

    India dwarfs every country on the planet in terms of FDI

    green energy

    With gasification of coal, India takes a step ahead towards clean energy

    Adani

    Gautam Adani comes across as a compulsive, obsessive shopaholic

    Vistara and Air India

    Time for a bold prediction – TATA will merge Vistara and Air India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Global Air Powers Rankings

    India beats China in Global Air Power Ranking 2022

    Sham no Varunah: India begins its total dominance in the seas

    Sham no Varunah: India begins its total dominance in the seas

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    FY Exports

    From curing the world to feeding it: PM Modi’s India is leading the world by example

    There could be many poles in the new world order but India is definitely the centre of it

    There could be many poles in the new world order but India is definitely the centre of it

    Necklace of Diamonds

    How India’s ‘Necklace of Diamonds’ outsmarted China’s ‘String of Pearls’ in the Indian Ocean

    OIC Pakistan

    Indian Foreign Ministry rips into Pak and its Arabian masters for bad-mouthing delimitation in J&K

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    seven-day week

    24 hours, 1440 minutes, 86400 seconds: How Aryabhatta derived it and the West appropriated it

    Qutub Minar observatory

    Was Qutub Minar Raja Vikramaditya’s celestial observatory?

    The most important reason why CM Yogi won’t rename Lucknow

    The most important reason why CM Yogi won’t rename Lucknow

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Why do you find it impossible to survive without ACs in Indian summers now?

    Why do you find it impossible to survive without ACs in Indian summers now?

    Monkeypox: The new potential pandemic that humanity faces

    Monkeypox: The new potential pandemic that humanity faces

    Anand movie poster

    Some masterpieces must not be touched, and Anand is one of them

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

    Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

    From free water to no water: Half CM’s Full Blunder

    From free water to no water: Half CM’s Full Blunder

    1000 ASI protected temples will be reopened for worship

    1000 ASI protected temples will be reopened for worship

    It’s time for India to show the WTO that humility is the prime virtue of a beggar

    It’s time for India to show the WTO that humility is the prime virtue of a beggar

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India dwarfs every country on the planet in terms of FDI

    India dwarfs every country on the planet in terms of FDI

    green energy

    With gasification of coal, India takes a step ahead towards clean energy

    Adani

    Gautam Adani comes across as a compulsive, obsessive shopaholic

    Vistara and Air India

    Time for a bold prediction – TATA will merge Vistara and Air India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Global Air Powers Rankings

    India beats China in Global Air Power Ranking 2022

    Sham no Varunah: India begins its total dominance in the seas

    Sham no Varunah: India begins its total dominance in the seas

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    FY Exports

    From curing the world to feeding it: PM Modi’s India is leading the world by example

    There could be many poles in the new world order but India is definitely the centre of it

    There could be many poles in the new world order but India is definitely the centre of it

    Necklace of Diamonds

    How India’s ‘Necklace of Diamonds’ outsmarted China’s ‘String of Pearls’ in the Indian Ocean

    OIC Pakistan

    Indian Foreign Ministry rips into Pak and its Arabian masters for bad-mouthing delimitation in J&K

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    seven-day week

    24 hours, 1440 minutes, 86400 seconds: How Aryabhatta derived it and the West appropriated it

    Qutub Minar observatory

    Was Qutub Minar Raja Vikramaditya’s celestial observatory?

    The most important reason why CM Yogi won’t rename Lucknow

    The most important reason why CM Yogi won’t rename Lucknow

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Why do you find it impossible to survive without ACs in Indian summers now?

    Why do you find it impossible to survive without ACs in Indian summers now?

    Monkeypox: The new potential pandemic that humanity faces

    Monkeypox: The new potential pandemic that humanity faces

    Anand movie poster

    Some masterpieces must not be touched, and Anand is one of them

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
No Result
View All Result

Social Stock Exchange will transform the NGO sector in India

Amit Agrahari
by Amit Agrahari
6 July 2019
in Economy, Economy1
0
Social Stock Exchange will transform the NGO sector in India

(PC: Business Standard)

2.6k
VIEWS
Share on FacebookShare on Twitter

India has one of the largest NGO sector in the world. The country has more than 33 lakh registered NGOs compared to 11 lakh registered corporates. However, the funding to these organizations is not very transparent and branches of some foreign NGOs divert the funding to other pet causes which are often detrimental to the national interest and development agenda.  Some genuine organizations which are working for the welfare of the community face a shortage of funds.

Therefore, the government has decided to introduce social stock exchange which will bring sources of transparent funding to organizations involved in community welfare.  “It is time to take our capital markets closer to the masses and meet various social welfare objectives related to inclusive growth and financial inclusion. I propose to initiate steps towards creating an electronic fund raising platform – a social stock exchange – under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations working for the realization of a social welfare objective so that they can raise capital as equity, debt or as units like a mutual fund,”said finance minister Nirmala Sitharaman in the budget speech.

The proposed social stock exchange will register social enterprises and voluntary organization. It will be regulations by Securities and Exchange Board of India (SEBI), the capital market regulator of the country.

The social stock exchange is a new idea and there are very few registered entities like Singapore’s Impact Investment Exchange Asia and London’s Social Stock Exchange. “The social exchange platform is an innovative measure to involve public participation in social causes through the equity route,” says Puneet Maheshwari, director at Upstox. So far UK, Canada, Singapore, South Africa, Brazil, Jamaica and Kenya have registered Social Stock Exchanges (SSE).

The industry leaders see this as very significant move and expect it to be path-breaking for NGO sector. “It is crucial because social enterprises must be able to identify as a separate asset class and be able to attract the right kind of investor. Since many are small value transactions, you have to find a way to do it in a low cost manner,” says S Viswanatha Prasad, managing director, Caspian Advisors, a leading social impact investor.

NGOs are supposed to be the backbone of India’s vibrant civil society. In last seven decades, Indian state has been very inefficient in welfare delivery due to successive corrupt and inefficient governments. The Congress party has not been able to give people basic public goods (Roti, Kapda, Makaan) despite promising the same in every election manifesto and budget.

This has led to the bourgeoning NGO sector in the country. Over a period of time, many NGOs became very efficient and important part of the economy. The Modi government has substantially improved the welfare delivery to last person in the society but that does not mean NGOs has become irrelevant.

The efficiency and experience of NGOs could be used to improve the living condition of people and the government has involved many professional NGOs in many sectors for a better outcome.

Globally, there some very influential NGOs with a huge turnover like Bill Melinda Gates Foundation which has 37 billion dollars in assets. These NGOs might register themselves in Indian social stock exchange to raise capital. The NGOs which are well functioning will register them with social stock exchange and the government might make their registration with FCRA act voluntary as the funding through SSE will be transparent.  

Tags: FCRAIndian EconomyModi governmentNGOs
Share1TweetSend
Previous Post

Gujarat RS Elections: It was a test of plans, battle of nerves and the BJP owned the Congress party

Next Post

Startups to get boost through new dedicated TV channel to promote entrepreneurship

Amit Agrahari

Amit Agrahari

Engineering grad but Humanities and social sciences are my forte. Avid reader of religious Scriptures (Especially Hindu), Lord Shiva devotee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

Say no to TrueCaller, TRAI is coming up with its own KYC enabled service

22 May 2022
From free water to no water: Half CM’s Full Blunder

From free water to no water: Half CM’s Full Blunder

22 May 2022
1000 ASI protected temples will be reopened for worship

1000 ASI protected temples will be reopened for worship

22 May 2022
It’s time for India to show the WTO that humility is the prime virtue of a beggar

It’s time for India to show the WTO that humility is the prime virtue of a beggar

22 May 2022

Popular This Week

5 Actors who would have looked better as Prithviraj Chauhan than Akshay Kumar
Cinema

5 Actors who would have looked better as Prithviraj Chauhan than Akshay Kumar

by Tanya Trivedi
17 May 2022
reliance brands
Trending

Mukesh Ambani is out to challenge Pepsi and Coca-Cola

by Rahul Gupta
17 May 2022
Kerala crisis
Trending

Kerala government goes bankrupt

by TFIPOST News Desk
14 May 2022
They kept abusing Adani until one day Adani bought them, A Quint Saga
Business

They kept abusing Adani until one day Adani bought them, A Quint Saga

by Abhishek Kumar Singh
16 May 2022
Vistara and Air India
Business

Time for a bold prediction – TATA will merge Vistara and Air India

by Abhishek Kumar Singh
17 May 2022

©2022 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2022 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost