Industry Advocacy and Policy Support

We make efforts towards influencing policy through representations made to the government of India.

2020-21

Department/ Ministry	Date	Representation
Niti Aayog	19th May 2020	Amalgamating social impact with returns
Ministry of Finance	19th May 2020	Ministry of Finance – Requesting for specific support allocation for the social impact enterprise sector within the Aatmanirbhar package and beyond
SEBI	21st Jan 2021	Developing a definition of social enterprise and strengthening the framework for reporting impact
SIDBI	1st April 2021	Requesting for specific support allocation for the social impact enterprise sector within the Aatmanirbhar package and beyond

2019-20

Department/ Ministry	Date	Representation
Parliamentary Standing Committee on finance	20th January 2020	Recommendations on Alternate Investment Funds

2018-19

Department/ Ministry	Date	Representation
IIC Recommendations to HLC on CSR	3rd Decemeber 2018	Recommendations’ for the Deployment of CSR Funds through AIFs & Social Businesses.

2017-18

Department/ Ministry	Date	Representation
Amar Singh Bhatia
Ministry of Corporate Affairs	30 Nov 2017	Recommendation to GOI to Enable Investment of CSR Funds in SEBI- registered Category 1, Social Venture Funds
Injeti Srinivas
Ministry of Corporate Affairs	30 Nov 2017	Recommendation to GOI to Enable Investment of CSR Funds in SEBI- registered Category 1, Social Venture Funds
Ministry of Finance	22 November 2017	Recommendation to GOI to Enable Investment of CSR Funds in SEBI- registered Category 1, Social Venture Funds

2016-17

Department/ Ministry	Date	Representation
Ministry of Finance (MOF)	28th June 2016	To make India ready for Social Impact Bonds. Defining SE & Impact Investing to catalyse inclusive development.

2015-16

Department/ Ministry	Date	Representation
Niti Aayog	6th January 2016	Defining SE & Impact Investing to catalyse inclusive development.
Ministry of Finance (MOF)	1st February 2016	Introducing Accredited Investor Norms for AIFs/ SVFs. Charities & Public Trusts to be allowed to invest in SEs /impact funds. Allowing CSR pool for social impact investing. Reset minimum SVF size to INR 10 crores. Defining SE & Impact Investing to catalyse inclusive development

2014-15

Department/ Ministry	Date	Representation
Minister of Finance, Arun Jaitley	19 February 2015	2015 Budget Representation from Impact Investors Council & Request for Meeting
Ministry of Finance	28 January 2015	Note to Shri Jayant Sinha from IIC, IVCA, TiE Delhi-NCR, NASE, Indian Angel Network
MoF, Government of India	28 January 2015	Representations on proposed amendments regarding india’s “Impact Investing” industry
Reserve Bank of India	Feb 2015	Recommendation from Impact Investors Council (“IIC”) on the Reserve Bank of India (“RBI”) Report to Revisit the Existing Priority Sector Lending Guidelines.
Ministry of Finance (MOF)	28th January 2015	Recognition of SEs, Impact Investors & IIIC as a SRO. SVF guidelines in AIF regulations. Extending Priority Sector Guidelines (PSL)to SEs. Increasing Access to ECB funding by SE. National standards for Social Impact Measurement.
Reserve Bank of India (RBI)	15th March 2015	Recognition of incidental training activities as part of education. Banks on-lending to HFCs and NBFCs to be treated as PSL. Widen the scope of ‘healthcare facilities’ to include hospitals / related infrastructure. Widen the scope of agricultural sector. Inclusion of “social enterprise” in PSL.
Securities & Exchange Board of India (SEBI)	28th January 2015	Definitional Clarity of Social Venture Fund Guidelines. Tax implications for Social Venture Funds.