Impact Investments in India: Towards Sustainable Development

This paper examines the role of impact investments in India's sustainable development, particularly in closing the USD 2.5 trillion annual SDG financing gap. It highlights the growth of impact investing in India, primarily led by equity investments in social enterprises serving vulnerable populations. The report discusses challenges such as the lack of a legal definition for social enterprises and proposes policy recommendations, including regulatory platforms, tax breaks, and CSR eligibility for for-profit social enterprises, to boost the sector.