SEBI's Budget 2013-14: Net Deficit Rs.108 Cr


SEBI has estimated a net budget deficit of Rs. 108.10 crore in 2013-14, down from Rs. 275.51 crore in current fiscal - 2012-13. 

** The capital expenditures have been estimated for Rs. 121.61 crore, total revenue expenditure at Rs. 200.57 crore and total income at Rs. 359.08 crore.

** In the revenue account, SEBI has estimated a surplus of Rs. 158.5 crore in 2013-14, as against Rs. 161.38 crore this fiscal.

** SEBI estimates to spend nearly Rs. 57 crore on acquisition of office premises next fiscal, down from Rs 281 crore in 2012-13, while Rs. 65 crore has been proposed for acquisition of equipment, computers, furniture and fixtures, vehicles, etc.

** SEBI has set up an ‘Investor Protection and Education Fund’ (IPEF) with an initial corpus of Rs 10 crore. The fund is being used for investor education activities of SEBI and the total amount lying in the Fund as on January 31, 2013 was Rs 54.88 crore out of which Rs 53.15 crore stands invested in earmarked Fixed Deposits with banks.

** In view of the proposed expenditure of Rs 74.88 crore on various investor protection and education initiatives during the year 2013-14, a separate proposal for additional fund for IPEF could be placed before the SEBI Board.

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