‘India Investor Week’ Starts With the First National Event at Kolkata

Shri Salman Khurshid Outlines the Need to Reach Out to the Common Man so that He Can Gainfully Channalize His Savings into the Corporate Economy Through Informed Investment Decisions
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18:56 IST
The Ministry of Corporate Affairs kick started the India Investor Week (IIW) 2010 today with the first national event at Kolkata. IIW is a part of the year long programme of the Ministry to mainstream investor awareness in partnership with SEBI, RBI, ICAI, ICSI, ICWAI, CII, FICCI, ASSOCHAM, UTI-MF, BSE, NSE, MCS-SX, IMC,IAIA, PHD Chamber etc. The Federation of Indian Chambers of Commerce and Industry (FICCI) was the lead organizer for this event and was supported by the Institute of Cost and Works Accountants of India (ICWAI) and the MCX Stock Exchange. Shri Salman Khurshid, Minister of Corporate Affairs, was the Chief Guest and Shri Asim Dasgupta, Finance Minister, Government of West Bengal, was the Guest of Honour. During the function, Shri Salman Khurshid dedicated to the people the ‘Beginner’s Guide on Capital Markets’ and the Investor Education and Protection Fund Website, both in Bangla language. Shri Asim Dasgupta released the Investor Guides of the Ministry and FICCI during the event. The event was attended by over 250 delegates from the corporate sector, Professionals, Academicians and experts in the area of investor awareness.

In his address, Shri Salman Khurshid outlined the need to reach out to the common man to not only make him aware but also encourage and hand hold him so that he can gainfully channelize his savings into the corporate economy through informed investment decisions. He thanked all the partner organizations for working with the Ministry on this important aspect of nation building and stated that the investors’ programmes are an effort to bring the aam admi into the mainstream of economic growth. Shri Asim Dasgupta welcomed the initiative of the Ministry and the selection of Kolkata as the venue for the first national event. He also applauded the decision of the Ministry to reach out to the people of West Bengal through the IEPF Website as well as the ‘Beginner’s Guide’ in Bangla.

Shri R. Bandopadhyay, Secretary, Ministry of Corporate Affairs, in his address said that the Ministry has up-scaled the number of investor awareness programmes and has partnered with a number of organizations including the trade and industry chambers, stock exchanges, professional institutes etc. and would be organizing 3,000 programmes throughout the country. He also stated that the India Investor Week has been organized for the first time by the Ministry to bring a national focus on the subject of investor awareness.





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3 thoughts on “‘India Investor Week’ Starts With the First National Event at Kolkata

  1. 1. According to Deepak Parekh, it is the right time to set up a real estate regulator.
    He added further that realty prices have started to jump up to the 2007 levels.In a company meeting he said.when we have sebi to check the irregularity in capital market.to look after financial transactions we have RBI.But reality sector has no regulater at all.country having a population of 120 crores.50 % people below poverty line.there are malls in the cities to sleep,no demand at all.take example of mumbai city where prices in suberbs have sky rocketed,there clearly builder lobby & politicians behind that.look at the prices 2006 in western suberbs 2500 rs per sq.ft/ to 2010 10000 rs per sq.ft. 400% jump in 4 years.has any one’s salary or income increased 400 % in 4 years.how this price is going to justified.everyone knows black money is being white by all khaki topis with the hands with builders.how 80 to 90 % middle class will survive in such a scenerio.people have so much mental agony towards the govt.that they should not at any point of time come to power.really absurd.for 3000 mhada housing 12,00,000 applications & politicians are talking about affordable housing.My request to people for house 1 bhk you pay 50,00,000 to 60,00,000 in suberbs of mumbai you get 8% int on your fd 45000 to 50000 rs per month.& you pay rental for the same 10000 to 12000 rs please go on rental this is housing bubble going to burst.around all the world 50 to 60 % prices has crashed.china will affect the economy like anything.so don’t ever buy real estate for now.prices will come down drastically.mark my words.

  2. Minesh is 100% right. The speculators are artificially elevating the prices of real estate which is without any rational. I request all home-buyers to keep themselves away from the real estate market for about 6 months. Let these speculators sell and purchase all property themselves and fix notional values of their property. If no end user purchases any property for six months, the economy of the builders would collapse and they would come down to earth. Currently the prices are exhorbitant and unjustifiable anywhere in India.

  3. Minesh is 100% right. The speculators are artificially elevating the prices of real estate which is without any rationale. I request all home-buyers to keep themselves away from the real estate market for about 6 months. Let these speculators sell and purchase all property themselves and fix notional values of their property. If no end user purchases any property for six months, the economy of the builders would collapse and they would come down to earth. Currently the prices are exhorbitant and unjustifiable anywhere in India.

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