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NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green light
NSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. The move follows regulatory changes permitting CSR spending via SSE-listed instruments and aims to boost transparency, accountability and funding for social impact projects.
NSE Social Stock Exchange gets CSR boost as MCA clears corporate funding route. Check details
India's Social Stock Exchange receives a significant boost. Companies can now channel a portion of their Corporate Social Responsibility spending through this platform. This move aims to broaden funding for non-profit organizations. It also enhances transparency and accountability within the social impact sector. The Ministry of Corporate Affairs has amended rules to facilitate this change.