Strengthening the ‘Market Research and Analysis Unit’ of the Serious Fraud Investigation Office

Since 2009, a Market Research and Analysis Unit (MRAU) has been functioning in the Serious Fraud Investigation Office (SFIO) with the objectives of analyzing media reports and for market surveillance relating to corporates. Giving this information in written reply to a question in the Lok Sabha, Minister of Corporate Affairs, Shri Sachin Pilot, said that MRAU also shares these inputs with other investigating agencies. In order to strengthen MRAU’s functioning, an Expert Committee has recommended induction of requisite technology and skilled manpower in the areas of finance, statistics and technology. These recommendations are being implemented.