‘Need Action Plan For Protecting Interest Of Investors’

Bhubaneswar: Ministry of Corporate Affairs Joint Secretary and Chief
Executive Officer, Investor Education & Protection Fund (IEPF)
Authority, Government of India Gyaneshwar Kumar Singh on Wednesday
stressed for the need to develop a national action plan for protection
of the interest of the investors, while addressing an investor
awareness & orientation programme for nodal officers of the companies.

“Corporate Governance, more transparency, more disclosure will boost
the investors’ confidence, and protect the interest of the investors.
Investors are important and the whole economy is based on
investors’ confidence. We have to make the investors aware what is a
good investment.”

Speaking on the occasion, Member, Governing Board, IEPF Authority
Rajib Sekhar Sahoo highlighted the role and duties of Investor
Education & Protection Fund Authority (IEPFA) and said that education
of the investors is essential to guide them not to invest their hard earned
money in such companies where there is remote chance of getting
back of the same. Company Secretaries and other professionals have to
play a vital role to educate the people, he opined.