• SAJJAN.S
• KALEESHWARI.S

Social impact is the positive change your organization creates to address a pressing social issue. This can be a local or global effort to tackle things like climate change, racial inequity, hunger, poverty, homelessness, or any other problem your community is facing. social impact means any significant or positive changes that solve or at least address social injustice and challenges. Businesses or organizations achieve these goals through conscious and deliberate efforts or activities in their operations and administrations. so one of the recent measures taken by the government of India is through issuing social impact bonds. In a SIB, an investor provides capital to a service provider for social intervention. The investor receives a return based on the outcome of the intervention relative to a predetermined benchmark. This study aims at knowing the concept of social bonds and how it is evolving in India, and how the social bond is related to the development of a sustainable social environment.

Social Impact Bonds, changes, launch and development

"SOCIAL IMPACT BONDS IN FOSTERING SOCIETAL CHANGES IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.g806-g812, August-2023, Available :http://www.jetir.org/papers/JETIR2308691.pdf

"SOCIAL IMPACT BONDS IN FOSTERING SOCIETAL CHANGES IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppg806-g812, August-2023, Available at : http://www.jetir.org/papers/JETIR2308691.pdf