(a) whether Unit Trust of India has evaded compensation to over two crores of rupees investors
under US 64 bail out; and
(b) if so, the reaction of the Government thereto?
(a) whether Unit Trust of India has evaded compensation to over two crores of rupees investors
under US 64 bail out; and
(b) if so, the reaction of the Government thereto?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM) :
(a) and (b) No sir. The problems confronting US-64, which had been drawing public attention
for over 5 years, have been addressed in a manner that investors have received their rightful
claims without any adverse impact on the capital market.