Context:

A working group set up by the capital markets regulator Securities and Exchange Board of India (SEBI) has submitted the report on Social Stock Exchanges (SSE).

• Securities and Exchange Board of India (SEBI)
  • SEBI is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets.
  • It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations.
  • SEBI was founded on April 12, 1992, under the SEBI Act, 1992.
  • Headquartered in Mumbai, India, SEBI has regional offices in New Delhi, Chennai, Kolkata, and Ahmedabad along with other local regional offices across prominent cities in India.

• Social Stock Exchange 
  • Social Stock Exchange is a novel concept in India and such a course is meant to serve private and non-profit sector providers by channelling greater capital to them.
  • The SSE is envisioned as one of the possible solutions to this pressing problem as it will unlock large pools of social capital, and encourage blended finance structures so that conventional capital can partner with social capital to address the urgent challenges of COVID-19.