OTHERS

Govt. considering all options

NEW DELHI, JULY 6. Members of Parliament attached to the consultative committee of the Finance Ministry today brought their first hand experience of the UTI crisis to the Finance Minister, Mr. Yashwant Sinha, who reiterated that Government would do everything to protect the investors.

The issue came up during a scheduled meeting of the consultative committee that was originally slated to discuss the public debt situation. However, most members narrated the experiences they encountered in their constituencies where a large number of UTI investors complained against the suspension of the US-64 scheme for six months.

Mr. Sinha, on his part, came out with a categorical statement saying, ``Let me assure you that investors' interests will be fully protected.'' The Minister told the members that the UTI board had been given two weeks to work out new proposals to protect the interest of the investors, including a possible exit route and the Government was awaiting these recommendations. The Government was prepared to consider all options, he added.