CSR Heads & NGO Leaders in India - Social Stock Exchange ZCZP Uptake

Your CSR budget can now go through the stock exchange. Since 27 May 2026, companies can spend up to 10% of their CSR obligation by subscribing to Zero Coupon Zero Principal (ZCZP) instruments on the Social Stock Exchange. No interest. No principal back. So why would a company choose this over a direct grant? Because every rupee comes with: -an NGO that has been screened before it can raise money -a project, budget and timeline disclosed publicly in advance -an impact report verified by an independent social auditor And companies are relieved of impact assessment obligations for these projects. The catch? Around 176 NGOs have registered on the SSE, but only a handful have actually raised money. The pipeline is thin, and the compliance burden keeps many grassroots organisations out. In this edition, I break down what the SSE is, how ZCZP works, what the new MCA rules say and what it all means for companies, NGOs and donors. Would you route part of your CSR budget through the SSE, or stick with direct partnerships? I'd like to hear from CSR heads and NGO leaders on this. #CSR #SocialStockExchange #ImpactInvesting #SocialImpact #IndianNGOs