{"id":2434,"date":"2023-02-24T04:57:43","date_gmt":"2023-02-23T23:27:43","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=2434"},"modified":"2025-03-25T21:29:11","modified_gmt":"2025-03-25T15:59:11","slug":"social-stock-exchange","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/social-stock-exchange\/","title":{"rendered":"Social Stock Exchange"},"content":{"rendered":"<h2>About Social Stock Exchange:<\/h2>\n<ul>\n<li>SSE is a novel idea in India, and a stock exchange of this kind is intended to benefit <strong>the private and non-profit sectors <\/strong>by directing more capital to them.<\/li>\n<li>The SSE will function as a distinct division of the current stock exchanges under the new regulations.<\/li>\n<\/ul>\n<h3>Who can list on SSE?<\/h3>\n<ul>\n<li><strong>Not-for-profit organisations<\/strong> (NPOs) and for-profit social enterprises with social intent and impact as their primary goal will be eligible to participate in the SSE.<\/li>\n<li>The social enterprises will have to engage in a social activity out of 16 broad activities listed by the regulator. The eligible activities include-<\/li>\n<\/ul>\n<ol>\n<li>Eradicating hunger poverty, malnutrition and inequality.<\/li>\n<li>Promoting healthcare, supporting education, employability and livelihoods.<\/li>\n<li>Gender equality empowerment of women LGBTQIA communities.<\/li>\n<li>Supporting incubators of social enterprise.<\/li>\n<\/ol>\n<ul>\n<li><strong>Corporate foundations<\/strong>, political or <strong>religious organisations or activities<\/strong>, professional or trade associations, infrastructure companies, and housing companies, except affordable housing, will not be eligible to be identified as social enterprises.<\/li>\n<li>According to Sebi&#8217;s framework, a <strong>minimum issue size of \u20b91 crore<\/strong> and a minimum application size for the subscription of \u20b92 lakh are currently required for SSE.\u00a0<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>\u00a0Q1) What is the National Stock Exchange of India?<\/h3>\n<p>National Stock Exchange of India Limited is one of the leading stock exchanges in India, based in Mumbai. It is the world&#8217;s largest derivatives exchange by the number of contracts traded.<\/p>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/www.business-standard.com\/article\/markets\/nse-gets-sebi-approval-to-launch-social-stock-exchange-as-separate-segment-123022300643_1.html\" target=\"_blank\" rel=\"nofollow noopener\"><u>NSE gets Sebi approval to launch Social Stock Exchange as a separate segment<\/u><\/a>\u00a0<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social Stock Exchange intends to benefit private and non-profit sectors by directing more capital to them<\/p>\n","protected":false},"author":5,"featured_media":2435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-2434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/2434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=2434"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/2434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/2435"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=2434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=2434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=2434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}