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.
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.