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  Beyond the Chequebook: How Corporate India Can Re-Engineer Public Welfare via Blended Finance and the Social Stock Exchange Every fiscal year, corporate boardrooms across Delhi, Mumbai, Bengaluru, and Chennai confront two persistent friction points: The CSR Compliance Fatigue: The statutory mandate to disburse 2% of net profits under Section 135 often turns into an administrative scramble, scattering capital across sub-scale interventions with opaque impact metrics. The Urban Taxpayer’s Dilemma: Educated urban professionals watch tens of thousands of crores budgeted annually for rural employment guarantees (MGNREGA) and state power subsidies, often lamenting fiscal slippage, non-durable assets, and the perpetual cycle of recurring revenue liabilities. A recurring proposal frequently surfaces in urban policy salons: Why cannot the government set up an exclusive voluntary contribution fund, blending individual donations and corporate CSR (capped at 10%), to take 40% of el...