NISM 23 - Social Impact Assessors Certification Exam Notes

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  • Social Sector Overview: The social sector in India, also known as the non-profit or third sector, includes NGOs, voluntary organizations, and social enterprises working toward societal development.
  • Non-Profit Organizations: Non-profits focus on creating an equitable and sustainable society, often addressing poverty, education, health, and environmental issues.
  • Sustainable Development Goals: The 17 Sustainable Development Goals (SDGs) outlined in the 2021 report provide a global framework for social sector initiatives in India.
  • Social Enterprises: Social enterprises use entrepreneurship and market approaches to create social value, operating as either non-profit or for-profit entities.
  • SEBI Definition: SEBI defines a Social Enterprise as a Not-for-Profit Organization (NPO) or For-Profit Social Enterprise (FPSE) meeting specific eligibility criteria.

NISM 23 - Social Impact Assessors

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