Munich Personal RePEc Archive

Value, Kinetic & Safety Fund for Corporate: Lessons Learnt From Economic Crisis & All Time Answer To the Bailout

Sapovadia, Vrajlal (2015): Value, Kinetic & Safety Fund for Corporate: Lessons Learnt From Economic Crisis & All Time Answer To the Bailout.

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Abstract

The author proposes security transaction charge on secondary market and the charge so collected should be deposited in special fund for the corporate under the “Value Kinetic Safety Fund”. The fund so collected in form of Security Transaction Charge (STC) should be maintained, supervised & used by the government under supervision of high power committee comprised of Central Government nominees from Revenue/Finance ministry, Central Bank, Security Exchanges, Bankers, Industry representatives & other experts. The fund may be released in the time of industrial crisis of general or particular industry. The fund should be released only in the circumstances of crisis to restore industry in normal position. VKS fund provide future bailout and value kinetic through perpetual mechanism.

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