Sebi spends Rs 7cr on investors awareness prog in Apr-Dec FY16

Image
Press Trust of India New Delhi
Last Updated : Mar 08 2016 | 5:48 PM IST
Markets regulator Sebi has spent Rs 7 crore on investor awareness programme in the first nine months of the current fiscal, Parliament was informed today.
However, Rs 42 crore was allocated for such programmes in the current fiscal (2015-16).
In a written reply to Rajya Sabha, Minister of State for Finance Jayant Sinha said Sebi had spent Rs 26.42 crore in the past fiscal on several investor education programmes out of total allocation of Rs 44.41 crore.
The capital markets watchdog had utilised Rs 23.31 crore and Rs 16.91 crore in 2012-13 and 2013-14, respectively.
The Securities and Exchange Board of India (Sebi) has conducted nearly 6,300 programmes during April-December period of the ongoing fiscal. It had initiated 8,443 investor education activities in the past financial year.
Sebi has been undertaking various activities for the protection of interest of investors which include conducting regional seminars and investor awareness programmes.
The regulator conducts various investor education and financial programmes in the country, covering all states and Union Territories. It intends to reach out to maximum people in target audience covering investors and potential investors in the country.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 08 2016 | 5:48 PM IST

Next Story