Full Budget 2019-20: 7 Share Market Reforms..!


Full Budget 2019-20: 7 Share Market Reforms..!
  1. To allow FPIs and NRIs to subscribe to listed debt papers of REITs and InvITs
2.   2.     Asks SEBI to evaluate hiking minimum public shareholding to 25% from 35%
  1. Proposes rationalising and streamlining of KYC norms for Foreign Portfolio Investors (FPIs) to make it investor-friendly                 
  2. NRI portfolio route to be merged with FPI for seamless investment in share markets                                                                      
  3. Credit Guarantee Enhancement Corporation will be set up in 2019-20, action plan to deepen markets for long-term bonds with specific focus on infra sector to be put in place                                
  4. Will take up measures to make RBI & SEBI depositories inter-operable                                                                                                      
  5. To bring Public sector ETFs in line with tax saving fund - equity-linked savings schemes (ELSS) of mutual funds to encourage retail investors 


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