According to the ministry's Outcome Budget 2006-07, Rs 66 crore of the Rs 85 crore Budget outlay for 2006-07 is earmarked for the project. Revision of the Companies Act, a key change sought to be introduced by the ministry, is at the drafting stage. |
The Outcome Budget said a Bill for the new law was expected to be introduced in Parliament soon. MCA has also decided to own its office complexes at all major locations. |
Rs 5 crore will be spent on the ministry's Investor Education and Protection Programme in 2006-07. |