Friday, 24 March 2017

Investors Awareness Programmes (IAPs)

The Ministry of Corporate Affairs (MCA) organises Investors Awareness Programmes (IAPs) in association with the three Professional Institutes, namely Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI), and Institute of Cost Accountants of India (ICoAI), and with the objectives of creating awareness amongst the investor about fraudulent schemes and facilitating informed investment decisions. These programmes are conducted in Hindi, English and other vernacular languages depending upon the target audience. The details of the programmes conducted by Professional Institutes are as under:

Name of Institute
2014-15
2015-16
2016-17 Till 28.02.2017
ICAI
805
1620
878
ICSI
570
332
102
ICoAI
193
75
54
Total
1568
2027
1034

The Ministry of Corporate Affairs (MCA) organizes Investors Awareness Programmes (IAPs) in rural areas also through Common Service Centre (CSC) of Ministry of Electronics & Information Technology. During the last two years i.e. 2014-2015 and 2015-2016, 572 programmes were organised in rural areas.

The amount allocated and utilized under Investor Awareness and Protection Fund (IEPF) during each of the last three years and the current year is as under:

Year
Funds allocated (Rs.)
Funds utilized (Rs.)
2013-14
4,50,00,000
4,38,10,000
2014-15
3,00,00,000
2,84,24,000
2015-16
4,50,00,000
4,40,00,000
2016-17
1,50,00,000
1,05,47,480

This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha today.


Courtesy: pib.nic.in

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