Investor Education and Protection Fund Authority (Syllabus: GS Paper 3 - Economy)

Context: The Investor Education and Protection Fund Authority (IEPFA), in partnership with the National Council of Applied Economic Research (NCAER), successfully conducted a significant webinar under the theme 'Investor Protection Framework in India: Challenges and Road Ahead'.

About Education and Protection Fund Authority (IEPFA)

• Established: In 2016 under the Companies Act, 2013.
• It is a special organization set up by the government because of a law called the Companies Act 2013.
• Nodal Ministry: Ministry of Corporate Affairs
• It takes care of a fund that's made to help and educate people who invest money. This fund is called the Investor Education and Protection Fund.
• Objective: To spread knowledge and awareness among investors, and to keep them safe from any problems that might come up.
• Article 266: All the money that goes into the IEPF is kept in the big pool of money that belongs to the whole country.

National Council of Applied Economic Research (NCAER)

• NCAER began in 1956 when Jawaharlal Nehru was the Prime Minister.
• It is a research institute in India that studies how money and policies affect the country's economy.
• It's the oldest and biggest research institute of this kind in India, and it's not run for profit.
• When NCAER started, it was a partnership between the government and private businesses. Both sides helped with money and support.