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Budget: Govt proposes to launch unified securities market code, says FM

The government on Monday proposed to launch a unified securities market code

securities market | Budget 2021 | Union Budget

Press Trust of India  |  New Delhi 

Nirmala Sitharaman
Nirmala Sitharaman

The government on Monday proposed to launch a unified code.

The code will include the Act, Depositories Act and Government Securities Act, Finance Minister said while presenting the Budget for 2021-22 in Parliament.

In addition, the capital markets watchdog, Securities and Exchange Board of India (Sebi), will be notified as regulator for a gold exchange, she added.

Towards investor protection, the Finance Minister proposed to introduce an investor charter as a right for investors in all financial products.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, February 01 2021. 12:29 IST