FUEL (Friends Union for Energizing Lives), a non-profit organization working in the field of education and skilling, has set a new precedent by successfully listing on the National Stock Exchange’s Social Stock Exchange. Several prominent personalities, including Higher and Technical Education Minister Chandrakant Patil and Skill Development and Entrepreneurship Minister Mangal Prabhat Lodha, were present at the bell-ringing ceremony.
This initiative focuses on enhancing education, digital skills, and career opportunities, particularly for students in government schools and rural areas, and especially for young women. Fuel also announced a Social Stock Exchange issue, which will provide scholarships to underprivileged girl students and first-generation learners.
Chandrakant Patil said, “Initiatives like Social Stock Exchange ensure transparency, accountability and effective outcomes, giving a new direction to social organizations.”
Meanwhile, Dr. Ketan Deshpande, founder of Fuel, said, “Through this platform, we are striving to connect economically disadvantaged students with education and empower their future.” Minister Mangal Prabhat Lodha also described this initiative as the power of collective effort and called it a means of positive change in society.
