GOI can explore the possibility of a CSR policy( Sec 135 of Cos Act) for 1% transfer from Promoter shares for publicly listed companies making it a Voluntary wealth redistribution by industrialists for common good of Below poverty line people estimated at about 4 to 7 crores in India & GOI can start with 2% of PSU listed Companies , to a Trust similar to SUUTI or PM Cares fund - may be IEPF (Investor Education and Protection fund can also be deployed)and the great ripple effect it can have on Gini coefficient etc due to such CSR route to Wealth redistribution
Blogging about Society, individual and collective behaviour/herd mentality, nudges, economics, business, politics, sports and spirituality and on all the other subjects about which I know very little !!
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