Abstract

Socialism and markets have been odd bedfellows since the beginning of the industrial revolution, and most of us thought they were mutually exclusive until recently. It's going to change shortly. Social business, impact investing, and now social stock exchanges (SSEs) comprise the third dimension that is gradually making its way into the classic market duality. As of right now, the Indian government, corporate social responsibility (CSR), philanthropy, and retail charity are the main sources of funding for the social development industry. Through consistent procedures for funding, use, impact generation, measurement, disclosures, and reporting, an SSE would aim to provide consistency across many platforms. This study tries to explain the concept of Social Stock Exchange in India as well as its global evolution.