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THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been argued that credit provides control over resources and facilitates liqui ....
‘No listing on social bourse for political, religious entities’ SECTIONS Share Synopsis The panel said both for-profit and not-for-profit organisations should be allowed to tap the social stock exchange provided they are able to demonstrate that social intent and impact are their primary goals. Agencies The committee said not-for-profit organisations (NPO) should be registered with social stock exchange before raising funds through it. Related The expert panel was headed by Harsh Bhanwala, former chairman of Nabard. The panel said both for-profit and not-for-profit organisations should be allowed to tap the social stock exchange provided they are able to demonstrate that social intent and impact are their primary goals, and that such intent is demonstrated through their focus on eligible social objectives for the underserved or less privileged populations or regions. ....
Sebi’s technical group (TG) on social stock exchanges (SSEs) has recommended that corporate foundations, political and religious organisations should be made ineligible to raise funds using the SSE mechanism. Market regulator on Thursday made public the report on SSEs prepared by the expert panel headed by Harsh Bhanwala, ex-Chairman, Nabard. “Corporate foundations, political or religious organisations and activities, professional or trade associations, infrastructure and housing companies (except affordable housing) will not be permitted on SSE,” the report says. The panel says both for-profit (FP) and not-for-profit organisations (NPO) should be allowed to tap the SSE provided they are able to demonstrate that social intent and impact. The TG has suggested three parameters to establish primacy of social impact objective. ....
Corporate, political outfits can’t list on Social SE May 07, 2021 SEBI panel lists norms, funding modes and eligible entities Fund-raising by organisations working towards eradicating hunger, poverty, malnutrition or promoting health care, sanitation, safe drinking water and education in India is set to get easier. On Thursday, the Securities and Exchange Board of India (SEBI) unveiled the recommendations of a committee it had set-up to propose norms for listing on a Social Stock Exchange (SSE), a novel concept for social work announced by the Finance Minister in her Budget speech. A non-profit organisation (NPO) and a for-profit enterprise (FPE) can list on the SSE provided they can demonstrate social intent and impact. But the panel, led by Harsh Bhanwala, former Nabard Chairman, has recommended keeping out corporate foundations, political or religious activities, professional or trade associations, infrastructure and housing companies (except affordable ....
ISSF World Cup: India Can Set An Example For Other Nations, Says Raninder Singh The National Rifle Association of India (NRAI) chief also hoped that country can add to the number of the quota holders in the upcoming tournament. PTI 17 March 2021 Courtesy: Twitter PTI 2021-03-17T17:16:51+05:30 ISSF World Cup: India Can Set An Example For Other Nations, Says Raninder Singh outlookindia.com 2021-03-17T17:35:34+05:30 The upcoming shooting World Cup in Delhi, the first international event for an Olympic sport in India amid the COVID-19 pandemic, can be a benchmark for other countries, NRAI President Raninder Singh said on Wednesday. (More Sports News) ....