NCAER’s IEPF Chair Unit conducts research on contemporary issues related to investor education and protection and an analysis of related economic, legal, and regulatory issues

NCAER established Investor Education & Protection Fund Chair Unit in 2020 with funding from the Investor Education & Protection Fund Authority, Ministry of Corporate Affairs. The specific objectives of the five-year programme of work of the Unit are to: (i) Undertake research on the behaviour of Indian investors, their education on financial and investment products, on policies to protect investors, and on the effectiveness of investor education and protection programmes in India; (ii) Undertake research on the legal, regulatory, and procedural issues that weaken investor protection and make market participation more risky than it need be; (iii) Foster collaboration among economists, lawyers, policymakers, regulators, and Courts and Tribunals in the broad areas of law, economics, and justice in land policy, and in areas dealing with investors and investor education; (iv) Conduct seminars and conferences in the above areas; and (v) Carry out by mutual consent additional work specifically for IEPFA on terms mutually agreed between IEPFA and NCAER.

  • Studies
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  • Researchers
Sudipto Banerjee

Sudipto Banerjee is a Consultant at NCAER, in the Investor Education and Protection Fund (IEPF) Chair Unit on Regulation and Programme of Economic and Regulatory Research. His research interests are in regulatory governance, state capacity building, audit regulations, financial laws, corporate governance, and data privacy. 

Previously, Sudipto was associated with the National Institute of Public Finance and Policy. As a public policy researcher, he has worked in the areas like telecom policy, improving liability framework of the audit firms in India, disinvestment of centrally owned PSUs and consumer protection in the financial sector. Prior to his public policy career, Sudipto has worked at law firms in the field of corporate advisory, mergers, acquisitions and direct taxation. 

Sudipto holds a degree in law from the Campus Law Centre, University of Delhi and completed his post-graduate studies in law from the Indian Law Institute. He is also a member of the Institute of Company Secretaries of India. 

 
 
Amrita Pillai

Amrita is a Consultant at NCAER, in the Investor Education and Protection Fund (IEPF) Chair Unit on Regulation and Programme of Economic and Regulatory Research. She is a lawyer and public policy professional who was previously part of the Department of Economic Affairs (DEA) (Ministry of Finance) Research Programme at the National Institute of Public Finance and Policy (NIPFP), New Delhi. Prior to this, she worked in the judicial reforms vertical at the Vidhi Centre for Legal Policy, New Delhi, and as a socio-legal consultant with the Planning Department, Government of Andhra Pradesh. Amrita holds a degree in law from Government Law College, Mumbai and completed her post-graduate studies in public policy and governance from the Tata Institute of Social Sciences. She has a keen interest in regulatory governance issues and in the interface between law, economics and public policy. 

 
Sundus Usmani

Sundus Usmani is a Research Analyst at NCAER, in the Investor Education and Protection Fund (IEPF) Chair Unit on Regulation and Programme of Economic and Regulatory Research. She is an economist by training and a public policy professional. At NCAER, she has previously worked on the National and Regional Tourism Satellite Accounts for the Ministry of Tourism, Government of India and State Satellite Accounts for Tourism and Education for Directorate of Economics and Statistics, Uttarakhand. Her research interests include public finance, regulation and development economics. Sundus holds a masters degree in economics from Jamia Millia Islamia, New Delhi.