{"id":28444,"date":"2023-02-24T04:44:06","date_gmt":"2023-02-24T04:44:06","guid":{"rendered":"https:\/\/todaysnews.in\/daily-updates\/?p=28444"},"modified":"2023-02-24T04:47:54","modified_gmt":"2023-02-24T04:47:54","slug":"nse-got-approval-to-launch-a-social-stock-exchange-know-what-is-sse-and-how-it-functions","status":"publish","type":"post","link":"https:\/\/todaysnews.in\/daily-updates\/nse-got-approval-to-launch-a-social-stock-exchange-know-what-is-sse-and-how-it-functions\/","title":{"rendered":"NSE Got Approval to Launch a Social Stock Exchange, Know what is (SSE) and how it Functions"},"content":{"rendered":"<p>The National Stock Exchange (NSE) which is the leading stock exchange in India has received the final approach from the market controller Sebi to launch a social stock exchange (SSE) as a separate segment on its policy.<\/p>\n<p>The approval was received on 22nd February, the SSE segment will provide new direction for community- oriented organizations to Finance initiatives, provide them clarity and bring in enhanced discernibility in Fund mobilization and utilization by community- oriented organizations.<\/p>\n<p>Also Read :-<a href=\"https:\/\/todaysnews.in\/daily-updates\/aap-leader-shelly-oberoi-elected-as-new-mayer-of-delhi-triumph-over-bjps-rekha-gupta-by-34-votes\/\" rel=\"bookmark\">Aap Leader Shelly Oberoi Elected as New Mayer of Delhi, Triumph over BJP\u2019s Rekha Gupta by 34 Votes<\/a><\/p>\n<h2>Social Stock Exchange<\/h2>\n<p>In zero, Sebi introduced the framework for Social Stock Exchange in order to provide social enterprises more direction to raise funds.<\/p>\n<h2>Types of Social Enterprises<\/h2>\n<p><strong>1. Non- profit organization (NPO)<\/strong><\/p>\n<p>NPO is a charitable trust that does not seek profit.<\/p>\n<p><strong>2. For- profit social enterprises (FPEs)<\/strong><\/p>\n<p>This is a firm or corporate body, works for profit.<\/p>\n<h2>Non- Profit Organization<\/h2>\n<ul>\n<li>\u00a0A non- profit organization must be 3 years old.<\/li>\n<li>\u00a0The organization need valid income tax certificate.<\/li>\n<li>\u00a0The organization must spend a minimum sum of Rs 50 lakh per year and at least Rs 10 lakh of Fund the previous year.<\/li>\n<li>\u00a0The NPO raise Funds via issuing implements such as Zero Coupon Zero Principal (ZCZP), donations via mutual funds or many other.<\/li>\n<\/ul>\n<h2>For- profit social enterprises<\/h2>\n<ul>\n<li>\u00a0The FPEs raise funds via issuing equity shares on the main board such as small and medium sized enterprises platform or developers growth Platform of <a href=\"https:\/\/en.wikipedia.org\/wiki\/National_Stock_Exchange_of_India\">stock exchange<\/a>.<\/li>\n<li>The FPEs who raise funds via issuing equity to an Alternative Investment Fund (AIF), also adds social implications or issue of debt tools.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The National Stock Exchange (NSE) which is the leading stock exchange in India has received the final approach from the market controller Sebi to launch<\/p>\n","protected":false},"author":1,"featured_media":28448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[52],"tags":[669,672,670,668,671],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NSE Got Approval to Launch a Social Stock Exchange<\/title>\n<meta name=\"description\" content=\"The National Stock Exchange (NSE) which is the leading stock exchange in India has received the final approach from the market controller\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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