Transform Rural India’s Youth Empower Bond Opens on Social Stock Exchange

by Transform Rural India

The issuance period will conclude on February 28, with the allotment date scheduled for March 4. Through the offering of Youth Empower Bonds, TRI aims to raise funds amounting to Rs Two Crore, intended for self-employment and empowerment programs benefiting over 5,000 rural youths.

“As outlined by the United Nations Development Programme, India needs US$ One trillion annually to achieve the Sustainable Development Goals by 2030. With a yearly funding shortfall of US$ 560 billion, solely relying on the government may prove insufficient. The Social Stock Exchange (SSE) plays a pivotal role by providing a platform where the private sector and High Net Worth Individuals (HNIs) can help bridge this gap. The bonds issued by TRI act as a transparent financial instrument, contributing to the financing of sustainable development in the country,” says Neeraj Ahuja, Associate Director at Transform Rural India.