Press Esc to close

Centre to harness technology for investor education

Kolkata, pti: March 23, 2013 22:22 IST
The Corporate Affairs Ministry has decided to harness technology to reach target audience for its investor awareness programmes, Union Minister Sachin Pilot said on Saturday.

The ministry is already in talks with Google for a package to touch investors. Along with it, communication through SMS is also planned at least for BSNL subscribers.

“We are trying for more interface and harnessing technology for financial inclusion,” Corporate Affairs Minister Sachin Pilot told an investor awareness programme by the Institute of Company Secretaries on Saturday.

He said not much has been done with Investor Education Fund except printing pamphlets.
Pilot said, “We are talking to Google so that when a search is given on finance some sort of advice can be prompted on investment.

“These tie-ups will help in bridging the knowledge gap regarding investment instruments and regulations,” he said.

Pilot said companies which are raising money not good in the eyes of law took advantage of gaps between the multiple regulators in the country.

Pilot was, however, optimistic that the new Companies Bill 2012 will be able to curb illegal and fraudulent money raised by several institutions or chit funds. He expressed the hope that the bill will be passed by the Rajya Sabha in the Budget session.

He said the Serious Fraud Investigation Office has tied up with the Union IT ministry and developed an early warning system for detection of corporate and financial irregularities and frauds.

Go to Top

More from this section
Most trending stories
Photo Gallery
A helicopter is seen flying over the besieged town of Douma, Eastern Ghouta...

A helicopter is seen flying over the besieged town of Douma, Eastern Ghouta...

Transgender Shanavi Ponnusamy arrives at the chief minister's cell at...

Transgender Shanavi Ponnusamy arrives at the chief minister's cell at...

Lufthansa tests humanoid robot 'Josie Pepper' at airport...

Lufthansa tests humanoid robot 'Josie Pepper' at airport...

Chief of the Air Staff, Air Chief Marshal B.S. Dhanoa presents a memento to the...

Chief of the Air Staff, Air Chief Marshal B.S. Dhanoa presents a memento to the...

Alpine Skiing - Pyeongchang 2018 Winter Olympics - Women's Downhill Training...

Alpine Skiing - Pyeongchang 2018 Winter Olympics - Women's Downhill Training...

Canadian Prime Minister Justin Trudeau greets business leaders at the end of...

Canadian Prime Minister Justin Trudeau greets business leaders at the end of...

Greenpeace demonstrators in all-over bodysuits protest against pollution...

Greenpeace demonstrators in all-over bodysuits protest against pollution...

A Marathi mother-daughter duo during a procession to commemorate Shivaji Jayanti...

A Marathi mother-daughter duo during a procession to commemorate Shivaji Jayanti...

Prime Minister Narendra Modi greets the saints during the...

Prime Minister Narendra Modi greets the saints during the...

Raphael Manet checks the growth of radish seedlings as he works at the...

Raphael Manet checks the growth of radish seedlings as he works at the...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.