Finance Minister Nirmala Sitharaman virtually launches Central Scrutiny Centre and IEPFA mobile App
- The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman virtually inaugurated Central Scrutiny Centre (CSC) and Investor Education and Protection Fund Authority’s (IEPFA) Mobile App on March 25, 2021.
- The two tech-enabled initiatives have been launched by Ministry of Corporate Affairs to leverage digital solutions to achieve Prime Minister’s vision of ‘Digitally empowered India.
- The Mobile App will focus on financial literacy by spreading investors’ awareness, education, and protection among investors.
- 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.