New Delhi, October 06: 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.
–Agencies