(a) whether Government is aware of the sorry State of Gauhati Stock
Exchange;
(b) if so, the details threof;
(c) whether any scheme is in place by which the Government can make
Gauhati Stock Exchange like any other stock exchange in the metro
cities; and
(d) if so, the details thereof?
MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)
(a) and (b): The Gauhati Stock Exchange Limited (GSEL) is not
having any turnover since September, 2003.
(c) and (d): No, Sir. The authorities have laid down a
non-discriminatory regulatory framework for Stock Exchanges.
It is for the Stock Exchange and its constituents to carry on
business in compliance with the regulatory framework. However,
SEBI has approved the corporatization and demutualization scheme
of GSEL on 29th August 2005.