Govt may reduce lock in for Rajiv Gandhi Equity Scheme to 1 year

Mar 22

Govt may reduce lock in for Rajiv Gandhi Equity Scheme to 1 year

The Finance Ministry is considering to reduce the lock-in period for Rajiv GandhiEquity Savings Scheme to one year from the proposed three years to make it more attractive to retail investors. “The investors can put money in top 100 companies listed in BSE and NSE (under the scheme). We are looking at reducing the lock-in period requirement,” said an official source
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/govt-may-reduce-lock-in-for-rajiv-gandhi-equity-scheme-to-1-year/articleshow/12355656.cms

 

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