The National Stock Exchange (NSE) has unveiled its pioneering Social Stock Exchange (SSE) platform with the listing of its inaugural five Non-Profit Organizations (NPOs). Swami Vivekananda Youth Movement (SVYM), Transform Rural India, Mukti, Ekalavya Foundation, and SGBS Unnati Foundation have emerged as trailblazers, igniting a new era of impact-driven finance.The SSE platform, a visionary initiative aimed at bridging the gap between financial markets and social welfare objectives, has already begun to make waves. The ringing of the bell at the NSE headquarters in Mumbai not only signifies a milestone but also symbolizes a commitment to channeling funds towards transformative social projects.
With approximately INR 8 Crore mobilized through these inaugural listings, the SSE platform is poised to revolutionize the landscape of social impact investing. Esteemed guests, including SEBI Chairperson Smt. Madhabi Puri Buch and industry leaders, echoed sentiments of optimism and applauded the SSE’s emphasis on transparency and accountability.
Shri Ashishkumar Chauhan, MD & CEO of NSE, underscored the SSE’s potential to democratize participation in social welfare initiatives while ensuring efficiency and impact measurement. Notable among the attendees was the presence of Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs, Government of India, who commended the NSE’s initiative in fostering impactful finance mechanisms for social welfare.
