The
Ministry of Corporate Affairs has initiated several steps to protect the
interests of investors through programmes of investors’ awareness and
education. Giving this information in written reply to a question in the Rajya
Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that
important among such steps are :
(i) Undertaking investor awareness
programmes in association with the Institute of Chartered Accountants of India,
Institute of Company Secretaries of India and Institute of Cost Accountants of
India, specifically targeting investors in tier II and tier III cities.
(ii) Publication of a comprehensive guide in
English and two smaller booklets in English, Hindi and 11 vernacular languages
for use of investors. The same are distributed to all the investors
participating in the investor awareness programmes.
(iii) Issue of multi-lingual print media
advertisements from time to time to caution the investors about fraudulent
investment schemes.
(iv) Undertaking media campaigns through DD
News Channels and Regional Kendras of Doordarshan.
(v) Publishing a brief investor’s awareness
message on Post Office Savings Bank Passbooks.
(vi) A system of sending SMSs introduced cautioning investors to be careful while making investments.
(vii) Providing search facility on the portal of the Ministry (MCA 21) enabling investors to search their unpaid and unclaimed amounts and claim payments from the concerned companies.
(viii) Creation of facility on MCA21 website for lodging investor complaints and for tracking their status.
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