Nirmala Sitharaman launches Central Scrutiny Centre and IEPFA mobile App

Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman virtually inaugurated Central Scrutiny Centre (CSC) and Investor Education and Protection Fund Authority’s (IEPFA) Mobile App. The two tech-enabled initiatives have been launched by the Ministry of Corporate Affairs to leverage digital solutions to achieve the Prime Minister’s vision of ‘Digitally empowered India.

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About the Moblie App:

  • The Mobile App will focus on financial literacy by spreading investors’ awareness, education, and protection among investors.
  • The Mobile App has been developed for citizen engagement and information dissemination to promote awareness among investors.

About the Central Scrutiny Centre 

  • The Central Scrutiny Centre will scrutinize certain Straight Through Process (STP) Forms filed by the corporates on the MCA21 registry and flag the companies for more in-depth scrutiny.

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