Question
Consider the following about social stock exchanges?
1) SEBI had constituted a panel headed by Harsh Bhanwala to report on social stock exchanges 2) it is a concept that has been applied worldwide 3) SSE can be housed within the existing stock exchange such as the BSE and/or National Stock Exchange (NSE). Which is/are correct?Solution
SEBI's technical group (TG) on social stock exchanges (SSEs) has submitted its report. The expert panel was headed by Harsh Bhanwala, ex-Chairman, NABARD. It is a novel concept in India and such a bourse is meant to serve private and non-profit sector providers by channelling greater capital to them. As per the proposal, SSE can be housed within the existing stock exchange such as the BSE and/or National Stock Exchange (NSE).
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