Knowledge Partner

Decoding Social Stock Exchange

Hosted by
Mr. Swaminathan R., Director, Consulting
Deloitte

Mr. Pratul Narayan, Senior Consultant, Consulting
Deloitte

Introduction
Honorable Finance Minister, as a part of the Budget Speech for FY 2019-20, proposed the Social Stock Exchange (SSE) as an additional platform to meet various social and welfare objectives related to inclusive growth and financial inclusion. Subsequently, the framework for SSE was released in July 2022 by SEBI, based on the recommendations of the Working Group and Technical Committee.

This masterclass by Deloitte will be a session that will dive into the What, Why, and How of the Social Stock Exchange and demystify the framework for the participants. Key basics on types of funding vehicles available will help the participants understand various eligible funding channels for the social sector.

Objectives:
1. Existing Social Funding Ecosystem
2. Introduction to Social Stock Exchange
3. Proposed instruments of funding
4. Proposed value edition through the SSE

About the Facilitator

1. Mr. Swaminathan R., Director, Consulting, Deloitte

Swaminathan works as the Director with the Social Impact Practice at Deloitte and has extensive experience in the development, corporate and academic sectors. He has provided services for a wide range of companies, philanthropies, foundations, academic institutions and governments in the development sector. He has supported strategy setting, program design and management, monitoring and evaluation, organizational development, reporting and capacity building for philanthropic foundations, companies and CSOs.

He led a multidisciplinary research program on cities, sustainability and resilience for Uppsala University, Sweden. In his earlier role, Swaminathan was Chief Strategy & Programme Officer of Azim Premji Philanthropic Initiatives (APPI). Further, Swaminathan has authored and edited five books as well as several peer-reviewed publications that have been published in both national and international research journals.



2. Mr. Pratul Narayan, Senior Consultant, Consulting, Deloitte

Pratul brings rich experience in management consulting for ESG, CSR & Social Impact, Sustainable Finance, Impact Investing, and Microfinance across India. He has worked with a leading Bank and KPMG previous to joining Deloitte. Pratul has managed clients from different sectors (BFSI, Manufacturing, Pharmaceuticals, and Agrochemicals) to provide solutions across the social impact, ESG, monitoring, and evaluation, along with assessments. This includes the development of strategies, evaluating compliance for legal and regulatory requirements, due diligence for partnering organizations, and designing programs.

Furthermore, he has extensive experience in research-based impact assessments of large-scale programs across Health, Education, WASH, Skilling, Financial Inclusion, and Livelihood programs and has also supported the design of pay-for-success program models for the Aspirational District Programme in India. Pratul holds a master’s degree from the Tata Institute of Social Sciences in Social Business Management and Entrepreneurship. Further, he holds a practitioner’s certificate on Social Return on Investment from Social Value UK and represented India at the International Antarctic Expedition 2016 to brainstorm solutions on sustainability and climate change, along with global leaders.