NGOs and FPSEs should be on two different platforms in SSE, rather than mixing the two.
|
|
|
|
|
|
SSE should itself be run like an NGO or FPSE to be consistent with their respective values.
|
|
|
|
|
|
If FPSEs get tax incentives, they should also be regulated to at least some degree, so that they do not just dress up traditional businesses as FPSEs without proper checks and balances for protecting the donors/investors.
|
|
|
|
|
|
As there is no clear definition of FPSEs, there should be at least some standard ethics 'tests', before they are listed to avoid imposter FPSEs
|
|
|
|
|
|
I need to understand typical transaction costs for raising money on SSE and therefore a minimum deal size
|
|
|
|
|
|
The proposed Rs100 crore fund should demarcate funds separately for NGOs and FPSEs so they both get fair support.
|
|
|
|
|
|
SSE should also have its own social-impact measures to report its progress against its social objectives, like those that SSE requires from NGOs and FPSEs.
|
|
|
|
|
|
A key design principle of SSE should be that it should be ethical, with higher governance and accountability than conventional stock exchange
|
|
|
|
|
|
The SSE working group should have equal participation of NGOs and FPSEs to be fair to both.
|
|
|
|
|
|
NGOs on SSE should have better tax-incentives than those which are not on SSE
|
|
|
|
|
|