Bhubaneswar: Increasing investment from the public in securities market will put the country’s economic growth on fast track, said Ashwani Bhatia, Whole Time Member of Securities and Exchange Board of India (SEBI) on Saturday.
Speaking on “Securities Market: Challenges and Opportunities – Way Forward” at a programme organised by Abhyutthana Foundation Charitable Trust (AFCT) Investor Association in Bhubaneswar, Bhatia said, “Indian economy is doing good. With increase in access to bank linkage, people’s businesses are prospering. Hence, it is important to think of both savings and investment. People can make long term investments in the Securities Market, Mutual Funds and Gold. Various steps are taken from time to time to ensure how individuals can benefit from these modes of investment.
GP Garg, Executive Director, SEBI said, “Save first, then invest. Increasing investments will lead to overall development of the country. It will also lead to more upcoming ventures thus creating newer employment opportunity in the days ahead.”
Chandra Shekhar Sharma, CGM, SBI, Bhubaneswar said with an increase in digital literacy, there has been an increase in the banking and financial operations. The bank authorities and the police are on alert to check cases of cyber fraud.
Prof DV Ramana from XIM University, Bhubaneswar spoke on the importance of safe investment and advised people to go through all details before investing hard earned money.
A special souvenir titled ‘Select Essays on the securities Market’ was released on the occasion.
Chairman-cum-Managing Trustee of AFCT Investor Association and former GM, RBI, Dasarathi Mishra, Vice-Chairman AFCT S Choudhury and former GM Bank of India Suresh Sarangi also spoke.
