It also aims to weed out floating frauds, says Chaudhary

Ministry of Corporate Affairs’ Investors Awareness Programmes (IAPs) is creating awareness amongst the investor about fraudulent schemes and facilitating informed investment decisions.

IAPs is partnership with the three Professional Institutes, namely Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI), and Institute of Cost Accountants of India (ICoAI).

The IAPs, in the form of audio visual programmes, are also being organised in the rural areas through Common Service Centres set up under Ministry of Electronics and Information Technology.

At towns and district headquarters levels the programmes are organised through Resource persons (RPs) appointed by the Professional Institutes.

The programmes are conducted to prevent investment in companies floating fraudulent schemes, said P.P. Chaudhary, Minister of State for Law & Justice/Corporate Affairs in written reply to a question in Lok Sabha today.on 23 Dec 2017. fii-news.com