Budget 2021: Government Proposes To Launch Securities Market Code: Finance Minister

The government on Monday proposed to launch a unified securities market code.

The securities market code will include the Securities and Exchange Board of India Act, Depositories Act and Government Securities Act, Finance Minister Nirmala Sitharaman said while presenting the Budget for 2021-22 in Parliament.

In addition, the capital markets watchdog, SEBI, will be notified as regulator for a gold exchange, she added.

Towards investor protection, the Finance Minister proposed to introduce an investor charter as a right for investors in all financial products.