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Niveshak Sarathi

Content for Mains Enrichment

Source: PIB

The Investor Education and Protection Fund Authority (IEPFA) and Common Service Centre (CSC) have jointly launched “Niveshak Sarathi” (translates to “Investor Guide” or “Investor Mentor”) Vans in Delhi-NCR as part of the Azadi ka Amrit Mahotsav celebrations.

Aim: The initiative aims to enhance financial literacy and awareness about fraudulent schemes in the region. The vans are equipped with a TV screen showcasing investor awareness movies, a public address system, and informative brochures.

Process: The initiative included sessions conducted by Village Level Entrepreneurs (VLEs) from IEPFA at key locations. Common Service Centre served as the knowledge partner for this campaign.

Usage: The example can be used in an Economy/ Ethics case study to show steps that can be used for improving financial literacy.

 

About IEPFA:

The Investor Education and Protection Fund Authority (IEPFA) was established by the Ministry of Corporate Affairs to manage the Investor Education and Protection Fund. It focuses on refunding shares, unclaimed dividends, matured deposits, and debentures to investors, among other responsibilities.

About CSC:

The Common Service Centre (CSC) 2.0 Project, initiated under Digital India, aims to set up service centres in Gram Panchayats across India to deliver citizen-centric services.