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        News and Press Release

        Rs 4.07 crores out of ₹ 5.29 crores utilised to provide financial education under Investors Awareness Programmes in 2017-18

        March 16, 2018

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        The Investors Awareness Programmes (IAPs) are regularly organised with the objective of creating awareness amongst investors about fraudulent schemes, facilitating informed investment decisions and to make investors aware about the remedial opportunities and grievance redressal mechanisms. As per information available upto 28.02.2018, out of the allocation of ₹ 5.29 crore, utilization of ₹ 4.07 crore has been reported during the current financial year.

        Common Service Centre (CSC) e-governance Ltd has been engaged to conduct IAPs in rural areas through Village Level Entrepreneurs (VLEs) for maximum outreach to the target population. At the panchayat level, the CSCs are selected on the basis of the experience of the VLE and activities carried out by them.

        This was stated by Shri P.P. Chaudhary, Minister of State for Corporate and Law & Justice in Lok Sabha today.

        Investor education used to expand awareness programmes and engage local e governance centres for rural outreach. The government reported utilisation of a substantial portion of budgeted funds for Investor Awareness Programmes in 2017-18 to promote awareness of fraudulent schemes, informed investment decisions and remedial and grievance redressal options. Common Service Centre e governance Ltd was engaged to conduct rural outreach through Village Level Entrepreneurs, and CSCs are selected at panchayat level based on the experience and activities of the VLEs.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Investor education used to expand awareness programmes and engage local e governance centres for rural outreach.

                                The government reported utilisation of a substantial portion of budgeted funds for Investor Awareness Programmes in 2017-18 to promote awareness of fraudulent schemes, informed investment decisions and remedial and grievance redressal options. Common Service Centre e governance Ltd was engaged to conduct rural outreach through Village Level Entrepreneurs, and CSCs are selected at panchayat level based on the experience and activities of the VLEs.





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