Government to launch Securities Markets Code, to develop an investor charter
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Finance Minister Nirmala Sitharaman while presenting the Union Budget 2021-22 in Parliament on Monday announced that the government will consolidate the provisions of SEBI Act, 1992, Depositories Act, 1996, Securities Contracts (Regulation) Act, 1956 and Government Securities Act, 2007 into a rationalissed single Securities Markets Code. The Government will support the development of a world class Fin-Tech hub at the GIFT-IFSC.