State level Conference on Investor Education and Awareness Held In Bhubaneswar
Bhubaneswar: The Investor Education and Protection Fund Authority (IEPFA), towards the fulfilment of its mandate, organized a State Level Conference on Investor Education and Awareness at Bhubaneswar today.
The conference was organized in association with the Institute of Chartered Accountants of India (ICAI). The conference involved participation from various financial institutions, Professional Institutes and various organizations working in the field of investor education. State of Odisha had been chosen as a first venue state by IEPFA in its series of such conferences in various States.
The conference was inaugurated by Chief Secretary Asit Tripathy. Injeti Srinivas, Secretary to Government of India, Ministry of Corporate Affairs and Chairman IEPFA delivered the theme address during the inaugural session.
Speaking onto this occasion Tripathy firstly thanked all for their hearty cooperation for organizing such an informative and valuable conference. He further said good collaboration between the state and central government will successfully lead the country towards economic development.
“Odisha is a state full of metals and minerals. Almost 30% of minerals in India can be found in Odisha. So to spread awareness among the public about the investment policy is a great concern carried out by IEFPA. Eventually, he said in the context of rural economic growth, investor education is most important. So now the time has come to create awareness among the public on investor education,” said Tripathy.
The IEPFA has been established under the provisions of Companies Act, 2013 to inter-alia promote investors’ education, awareness and protection. The Authority is entrusted with the responsibility of administration of the Investor Education Protection Fund (IEPF), make refunds of shares, unclaimed dividends, matured deposits/debentures etc. to investors. As a part of its mandate, the Authority organizes investor awareness programmes in the urban areas through the Professional Institutes and in rural areas through the Common Service Centres located in village Panchayats apart from utilizing the print and electronic media for creating awareness.