The Securities and Exchange Board of India (Sebi) has approached the government, seeking a ‘well-defined’ framework for regulating various money raising schemes such as multi-level marketing and goat farming.
“Sebi has written to the government seeking a well-defined framework for regulating money raising schemes like multi-level marketing schemes, timeshare schemes, emu farming, gold purchase schemes, goat farming and deposit collection for real estate development,” minister of state for finance Namo Narain Meena told the Rajya Sabha in a written reply.

Source - http://www.indianexpress.com