Niveshak Didi Initiative

Niveshak Didi Initiative is aimed at deepening financial awareness and empowering rural communities, particularly women. Read more about Niveshak Didi Initiative, Aim, Significance, Key Facts, Latest News.

Niveshak Didi Initiative

Niveshak Didi Initiative Latest News

Recently, the Investor Education and Protection Fund Authority (IEPFA) successfully launched Phase II of its flagship financial literacy initiative – Niveshak Didi at Hyderabad.

About Niveshak Didi Initiative

  • Aim: The initiative is aimed at deepening financial awareness and empowering rural communities, particularly women.
  • It is based on the ideology of women for women as rural area women feel more comfortable to share their queries with a female itself.
  • Nodal Ministry: Ministry of Corporate Affairs
  • Launched by: Investor Education and Protection Fund Authority
  • Significance: It serves as a catalyst for bridging knowledge gaps and building confidence in communities.

Key Facts about Investor Education and Protection Fund Authority

  • It was established in 2016 under the Companies Act, 2013.
  • It empowers individuals to make informed financial choices and fosters a financially aware citizenry.
  • Nodal Ministry: Ministry of Corporate Affairs

Functions of Investor Education and Protection Fund Authority

  • It manages the Investor Education and Protection Fund (IEPF) and promotes investor awareness and financial protection.
  • Make refunds of shares, unclaimed dividends, matured deposits/debentures etc. to investors and promote awareness among investors.
  • It is dedicated to safeguarding investor interests by facilitating the return of unclaimed shares and dividends and advancing financial literacy nationwide.
  • Initiatives: Niveshak Didi, Niveshak Panchayat, and Niveshak Shivir,

Source: PIB

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Niveshak Didi Initiative FAQs

Q1. What is the Niveshak Didi scheme?+

Q2. What is the meaning of financial literacy?+

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