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Investor Education and Protection Fund Authority (IEPFA)

Investor Education and Protection Fund Authority (IEPFA)

The Investor Education and Protection Fund Authority (IEPFA) has recently introduced a new toll-free number as part of its initiative to enhance claimant support services.

Investor Education and Protection Fund Authority IEPFA 1
[ref-PIB]

About Investor Education and Protection Fund Authority (IEPFA):

  • Aim: Manage the Investor Education and Protection Fund (IEPF).
  • Established in 2016, under the Companies Act, 2013.
  • It works under the Ministry of Corporate Affairs.

Responsibilities include:

  • Facilitating the refund of shares, unclaimed dividends, and matured deposits/debentures.
  • Promoting transparency and protecting investor rights.
  • Enhancing financial literacy across the country.

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Frequently Asked Question:

What is the significance of the Buy (Indian) category in defense procurement?

The Buy (Indian) category ensures at least 60% indigenous content in acquisitions, promoting local manufacturing and strengthening national defense preparedness.

What are the engine specifications for the recently approved procurement of aero-engines?

The AL-31FP aero-engines have over 54% indigenous content and are intended for the Su-30 MKI aircraft of the Indian Air Force.

Who is the vendor for the procurement of 240 aero-engines for the IAF?

Hindustan Aeronautics Limited (HAL) has been approved as the vendor for supplying aero-engines for the Su-30 MKI aircraft.

What is the role of the Su-30 MKI aircraft in the IAF fleet?

The Su-30 MKI aircraft is one of the most powerful and strategically significant fleets of the Indian Air Force.

How does the Buy (Indian) category contribute to national defense preparedness?

By ensuring a certain percentage of indigenous content in acquisitions, the Buy (Indian) category strengthens national defense capabilities and promotes self-reliance in defense manufacturing.

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