Developing a Roadmap of Social Enterprise Ecosystem as a Precursor for a viable Social Stock Exchange in India
GRAAM SSE Study: Supported by NABARD, GRAAM has carried out a secondary data-based study to extensively analyse the Social Enterprise system in India, identify its gaps and challenges, define the role of the Government in supporting Social Enterprises and suggest forms of Government support for Social Enterprises. This study also suggests the appropriate legal form for Social Enterprises and lays down a roadmap for the development of the Social Stock Exchange in India.
|Project Name||Developing a Roadmap of Social Enterprise Ecosystem as a Precursor for a viable Social Stock Exchange in India|
|Project Sanction Date||12 Jun 2019|
|Project Period||Jun 2019 to Jun 2020|
|Project Supported By||
|Implementation Partner||Governance and Democratization|
The objectives of the study are as follows:
- To define Social Enterprises in Indian context.
- To map existing status of the Social Enterprise system in India
a.who all qualify- as an investor, as an investee, as regulators/referees?
b. What kind of investment models exist?
- To come out with valuation parameters/ risk assessment/rating systems/disclosure norms that can be employed for all the actors and are implementable in the Indian context.
- To define role of Government and enabling regulatory support needed to promote social enterprise.
- To provide a detailed roadmap for the creation of a National Level Social Stock Exchange.
- To highlight the role of NABARD in development of Social Stock Exchange.
Project Result / Accomplishments:
- A comprehensive report on the Social Enterprise System tracing its origins, best practices from different countries, identifying the social enterprise gap in India and challenges faced therein.
- A detailed roadmap for the creation of a National Level Social Stock Exchange.
- The role of NABARD in the development of a Social Stock Exchange.
- NABARD can play a pivotal role in constituting and running the SSE. NABARD is very well-placed to mobilize participation by its partner social enterprises in the Social Stock Exchange.