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Budget 2019: Social stock exchanges to be introduced in India

FM says entities working for realisation of social welfare goals will be able to raise equity and debt through an electronic fund raising platform

Illustration by Ajay Mohanty
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Illustration by Ajay Mohanty

BS Reporter Mumbai
Indian markets could soon see the introduction of so-called social stock exchanges, which enable investors to make impact investments. 

Impact investments are the kind made into enterprises and funds with the aim of delivering measurable social benefits or making environmental impact, apart from earning a financial return.