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
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.