Sebi board to consider allowing employees to donate on social stock exchange: Buch

Buch added that personally, she is very keen to support the cause for emancipation of girls.

As per the Sebi website, nearly 1,000 people worked at the capital markets regulator as on March 2022. The 'zero-coupon, zero-principal' are instruments for donating money to non-profit organizations listed on the SSE.

Underlining the importance of the NGO ecosystem and the role that they can play in channelling money, Buch said that at present, she is grappling with executing donations for charities before the financial year ends on March 31.

Buch recounted how a chartered accountant sent her a message recently, flagging the need to do the donations as she does normally.

"Now, I am scurrying, and I am asking my husband we have to make our donations for the year. We have not done any. Now we have only ten days left and I better hurry up," she said.

SSE is a concept where the well-regulated and trusted markets can play a role in helping social causes just like they help a corporate house raise resources for expansion, she said.

"Most of these organizations are credible, reputed, existing donors, support of large number of people. What do we get incrementally? The question is really of how do we expand the donor base, how do we expand the volunteer base, the access to funds for the social sector," she said.