Lok Sabha Question No. 2434 (UNSTARRED), answered on 2022-08-01
Subject: Investors Awareness Programmes
Ministry: CORPORATE AFFAIRS
Asked by: Ramcharan Bohra

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

UNSTARRED QUESTION NO. 2434 ANSWERED ON MONDAY THE 01 st  AUGUST, 2022/ SRAVANA 10, 1944 (SAKA)

## INVESTORS AWARENESS PROGRAMMES QUESTION

## 2434. SHRI RAMCHARAN BOHRA:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) the details of investor awareness programmes organised by the Government during the last three years and the current year, State/UT-wise;
- (b) the  details  of  the  funds  sanctioned,  allotted  and  utilised  under  this programme during the said period, State/UT-wise;
- (c) the details of the targets fixed and achievements made during the said period and the number of awareness camps organised, State/UT-wise;
- (d) whether, after organisation of such awareness programmes, the number of cases of fraud committed by the companies has come down; and
- (e) if not, the reasons therefor along with the corrective action taken by the Government in this regard?

## ANSWER

THE  MINISTER  OF  STATE  (INDEPENDENT  CHARGE)  OF  THE  MINISTRY  OF STATISTICS AND  PROGRAMME  IMPLEMENTATION; MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS.

(RAO INDERJIT SINGH)

- (a):  As a part of the mandate provided in the provisions of the Companies Act, 2013, the Investor Education and Protection Fund Authority (IEPFA) organises Investor Awareness Programmes (IAPs) across the country in collaboration with partner  organisations like  Common Service Centres e-Gov. Services India Ltd (CSC), Nehru Yuva Kendra Sangathan (NYKS), India Post Payments Bank (IPPB), The Institute of Chartered Accountants of India (ICAI) etc. These Programmes are conducted by these partner organisations as per their presence in various States/ UTs or in Tier-I, II, III cities/ villages, etc. Details of the IAPs conducted in  State/  UT-wise  for  last  three  years  and  in  the  current  year  is  enclosed  at Annexure-I.

(b):  The  IEPFA  collaborates  with  organizations  on  turnkey  project  basis  and provides lumpsum amount as per requirement and utilization of the funds by the Partner organisations. The status of Year wise Fund Sanctioned, Allotted and Utilized is enclosed at Annexure-II.

(c): IAPs are direct interaction programmes with the end users. However, due to pandemic in about last two years, local Administration have not allowed large gathering of people while implementing the programmes in the field. During the peak of the pandemic, all the seminars, workshops, conferences, and training programs were turned into webinars. The IEPFA started sending collaborative messages through social media and digital platforms and IAPs were conducted in hybrid & online mode, while following the restrictions. During the said period around 6.9 lakh citizens were touched through these awareness camps and more than 18,500 camps were organised.

(d)  &  (e):  Impact  study  on  IAPs  conducted  by  CSC  was  carried  out  during 26.06.2022 to 08.07.2022 by the Department of Management Studies of the Indian Institute  of  Technology,  Delhi,  covering  across  28  states  encompassing  117 districts,  which  indicated  that  95%  of  participants  found  the  programme beneficial.  Most  beneficiaries  reported  increased  savings  after  the  training (91%).  Users  also  reported  improved  capacity  to  plan  their  finances  (86%), increased awareness of Ponzi schemes (86%), an increase in investments (86%), and enhanced knowledge of digital payment methods (62%).

## Annexure-I

## ANNEXURE REFERRED TO IN REPLY TO PART (a) OF LOK SABHA UNSTARRED QUESTION NO. 2434 FOR 01.08.2022

| S. No.   | Name of State/ UT   |   For FYs 2019-20, 2020-21, 2021-22 No. of IAP's Conducted |   For FY 2022-23 (Till 30.06.2022) No. of IAP's Conducted |
|----------|---------------------|------------------------------------------------------------|-----------------------------------------------------------|
| 1        | Assam               |                                                       1674 |                                                         0 |
| 2        | Andhra Pradesh      |                                                        668 |                                                        11 |
| 3        | Arunachal Pradesh   |                                                          6 |                                                         0 |
| 4        | Bihar               |                                                       1607 |                                                         5 |
| 5        | Chhattisgarh        |                                                       3133 |                                                         9 |
| 6        | Delhi               |                                                         26 |                                                         6 |
| 7        | Gujarat             |                                                       1100 |                                                         0 |
| 8        | Haryana             |                                                        380 |                                                        82 |
| 9        | Himachal Pradesh    |                                                        867 |                                                        31 |
| 10       | Jharkhand           |                                                       1099 |                                                         3 |
| 11       | Jammu and Kashmir   |                                                        505 |                                                        20 |
| 12       | Kerala              |                                                        265 |                                                        51 |
| 13       | Karnataka           |                                                       1098 |                                                        30 |
| 14       | Madhya Pradesh      |                                                       3709 |                                                        25 |
| 15       | Maharashtra         |                                                       1337 |                                                         0 |
| 16       | Meghalaya           |                                                        372 |                                                         8 |
| 17       | Manipur             |                                                         83 |                                                         4 |
| 18       | Mizoram             |                                                         37 |                                                         2 |
| 19       | Nagaland            |                                                        118 |                                                         8 |
| 20       | Orissa              |                                                       1080 |                                                         8 |
| 21       | Punjab              |                                                        494 |                                                        20 |
| 22       | Rajasthan           |                                                       2850 |                                                        31 |
| 23       | Sikkim              |                                                        488 |                                                         4 |
| 24       | Tamil Nadu          |                                                       1117 |                                                        43 |
| 25       | Telangana           |                                                        565 |                                                         0 |
| 26       | Tripura             |                                                        552 |                                                         2 |
| 27       | Uttar Pradesh       |                                                       2981 |                                                        34 |
| 28       | Uttarakhand         |                                                        889 |                                                        26 |
| 29       | West Bengal         |                                                       1107 |                                                         0 |
|          | Total               |                                                      30207 |                                                       463 |

Annexure-II

## ANNEXURE REFERRED TO IN REPLY TO PART (b) OF LOK SABHA UNSTARRED QUESTION NO. 2434 FOR 01.08.2022

| A. FY 2019-2020 Sr No.   | Organisation        | Sanctioned Fund   | Allotted Fund   | Utilised Fund   |
|--------------------------|---------------------|-------------------|-----------------|-----------------|
| 1                        | CSC                 | 3,59,90,000       | 3,59,90,000     | 3,59,90,000     |
| 2                        | CSC                 | 5,57,82,000       | 3,30,00,000     | -               |
| 3                        | IPPB                | 3,43,00,000       | 1,37,00,000     | -               |
| 4                        | NYKS                | 5,89,21,000       | 58,92,100       | 5,76,694        |
| Total                    |                     | 18,49,93,000      | 8,85,82,100     | 3,65,66,694     |
| B. FY 2020-2021          | B. FY 2020-2021     | B. FY 2020-2021   | B. FY 2020-2021 | B. FY 2020-2021 |
| Sr No.                   | Organisation        | Sanctioned Fund   | Allotted Fund   | Utilised Fund   |
| 1                        | CSC                 | -                 | -               | 33,42,717       |
| 2                        | IPPB                | -                 | -               | 46,39,377       |
| 3                        | NYKS                | -                 | -               | 6,82,015        |
| Total                    |                     | -                 | -               | 86,64,109       |
| C. FY 2021-2022          | C. FY 2021-2022     | C. FY 2021-2022   | C. FY 2021-2022 | C. FY 2021-2022 |
| Sr No.                   | Organisation        | Sanctioned Fund   | Allotted Fund   | Utilised Fund   |
| 1                        | CSC                 | -                 | 2,00,00,000     | 4,27,31,337     |
| 2                        | IPPB                | -                 | 1,50,00,000     | 90,60,623       |
| 3                        | ICAI                | 15,00,000         | 15,00,000       | 15,00,000       |
| 4                        | NYKS                | -                 | 2,00,00,000     | 4,08,623        |
| Total                    |                     | 15,00,000         | 5,65,00,000     | 5,37,00,583     |
| Grand Total (A+B+C)      | Grand Total (A+B+C) | 18,64,93,000      | 14,50,82,100    | 9,89,31,386     |

| FY 2022-23 (Till 30.06.2022)      | FY 2022-23 (Till 30.06.2022)      | FY 2022-23 (Till 30.06.2022)      | FY 2022-23 (Till 30.06.2022)      | FY 2022-23 (Till 30.06.2022)      |
|-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
| D. FY 2022-2023 (Till 30.06.2022) | D. FY 2022-2023 (Till 30.06.2022) | D. FY 2022-2023 (Till 30.06.2022) | D. FY 2022-2023 (Till 30.06.2022) | D. FY 2022-2023 (Till 30.06.2022) |
| Sr No.                            | Organisation                      | Sanctioned Fund                   | Allotted Fund                     | Utilised Fund                     |
| 1                                 | NYKS                              | -                                 | -                                 | 2,00,00,000                       |
| 2                                 | IPPB                              | -                                 | -                                 | 2,50,000                          |
| Total                             | Total                             | -                                 | -                                 | 2,02,50,000                       |
| Grand Total                       | Grand Total                       | 18,64,93,000                      | 14,50,82,100                      | 11,91,81,386                      |

Due  to  pandemic  in  last  few  years,  partner  organisations  could  not  utilize  the sanctioned  fund  in  first  year,  hence,  after  approval  of  Competent  Authority unutilized fund used in subsequent financial years.

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