GOVERNMENT OF INDIA

MINISTRY OF FINANCE

LOK SABHA

UNSTARREDQUESTION NO: 284

ANSWERED ON: 26.11.2010

BUSINESS IN THE SHARE MARKET 

(a) the total investment made by small investors of the country by March 2008, March 200 and March 2010; and 

(b) the steps taen to discourage confinement of the business in the share maret in a few hands? 

ANSWER

MINISTER OF STATE IN THE MINISTRY OF FINANCE(SHRI NAMO NARAIN MEENA) 

 (a) From the shareholding patterns submitted by the listed companies for holding as on March 1, 2008, March 1, 200 and March 1, 2010 and valued as per the close prices as on those dates, the value of investments made by individuals holding nominal share capital value of upto of Rs.l lah is as follows:     6        2 #    

 -  -  -   3      .3      

(b) The maret regulator Securities and Echange Board of India -(SEBI)- protects the interest of investors in securities and promotes the development of and regulation of securities marets. SEBI has framed various regulationsguidelines  circulars to enable wider participation of investors in the securities maret such as:    Facilitating trading using wireless technology  

 advising on reducing  waiving transaction charges in stoc echanges and waiving the account opening charges and the custody charges on demat accounts   

 Introducing Call Auction mechanism in pre-open session in echanges    Enhanced disclosure of information    uic redressal of investor grievances    investor education    taing deterrent enforcement actions against errant entities and compensating wronged investors