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

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.