New Delhi: The government on Monday said it was
looking at ways to provide incentives to companies to encourage them to get listed on the stock exchanges.
Incentives and disincentives for companies, who get
listed, would be examined from time to time in consultation
with the market regulator Sebi, he added.
"Sebi is leading the charge in this, but we will obviously
be there to help them and follow with them," he said.
The Minister had earlier said a drive would be launched to
encourage firms to get listed on bourses by educating them
about the advantages of going public.
"We will want to discuss what is keeping those companies
away from getting listed. Is it lack of knowledge about the
advantages of listing...whether it is clause 49 that is
keeping them away. We will be looking at it," he had said.
Of the about nine lakh companies registered with the
different Registrar of Companies, only 4,700 are listed with
the Bombay Stock Exchange.
Bureau Report
First Published: Monday, October 05, 2009, 23:37