Guwahati: Assam Governor professor Jagadish Mukhi, while inaugurating a State level conference on ‘Investor Education and Awareness’ in the city on 29 March, commented that financial market is the heart of any economy through which the savings are channelized into effective long-term investments.
He also added that investing in various financial markets and other asset classes has captured enormous attention and interest among the Indian populace in recent years. As a result, the number of people accessing the world of financial markets has expanded at an exponential rate. Financial markets have gone a long way since trading beneath the Banyan tree to trading on the internet.
Organised by the Investor Education and Protection Fund Authority (IEPFA) under the aegis of Union corporate affairs ministry, with active support from the Institute of Chartered Accountants of India (ICAI) Guwahati branch, the conference was attended by nearly 1000 delegates including more than 600 students from various eminent educational organizations, NCC cadets, professionals with others.
Governor Mukhi claimed that the Indian financial market is well organized, fairly integrated, mature, modernized and demographically well diversified. The Indian equity market is one of the best in the world in terms of technology, asserted the Governor, adding that the role of financial markets is vital for inclusive growth in terms of wealth distribution and making capital safer for investors.
Moreover, he mentioned that, it is pertinent to note that investment in financial markets and other asset classes involves certain elements of risk which should not be overlooked. As a result, it is strongly advised to make any investment decision only after thoroughly educating oneself on numerous relevant elements. Many investors, especially the small and new age (young) investors, may not have adequate expertise or knowledge to take informed investment decisions.
“IEPFA has accomplished a record number of customised investor awareness programs across the country. It has been engaging with professional institutions like ICAI in the area of financial literacy and education through various awareness programs, workshops and training on financial markets for the investors,” stated Governor Mukhi.
The event was also attended by Santosh Kumar (NE regional director under corporate affairs ministry), Tushar Anand (IEPFA general manager), Debashish Mitra (ICAI president), Anuj Goyal (Eastern India Regional Council of ICAI chairman), Ravi Kumar Patwa (EIRC Guwahati branch chairman) etc, who emphasized on spreading inclusive financial literacy, investor awareness and protection for overall economic growth and nation building.
Guwahati: Assam Governor professor Jagadish Mukhi, while inaugurating a State level conference on ‘Investor Education and Awareness’ in the city on 29 March, commented that financial market is the heart of any economy through which the savings are channelized into effective long-term investments.
He also added that investing in various financial markets and other asset classes has captured enormous attention and interest among the Indian populace in recent years. As a result, the number of people accessing the world of financial markets has expanded at an exponential rate. Financial markets have gone a long way since trading beneath the Banyan tree to trading on the internet.
Organised by the Investor Education and Protection Fund Authority (IEPFA) under the aegis of Union corporate affairs ministry, with active support from the Institute of Chartered Accountants of India (ICAI) Guwahati branch, the conference was attended by nearly 1000 delegates including more than 600 students from various eminent educational organizations, NCC cadets, professionals with others.
Governor Mukhi claimed that the Indian financial market is well organized, fairly integrated, mature, modernized and demographically well diversified. The Indian equity market is one of the best in the world in terms of technology, asserted the Governor, adding that the role of financial markets is vital for inclusive growth in terms of wealth distribution and making capital safer for investors.
Moreover, he mentioned that, it is pertinent to note that investment in financial markets and other asset classes involves certain elements of risk which should not be overlooked. As a result, it is strongly advised to make any investment decision only after thoroughly educating oneself on numerous relevant elements. Many investors, especially the small and new age (young) investors, may not have adequate expertise or knowledge to take informed investment decisions.
“IEPFA has accomplished a record number of customised investor awareness programs across the country. It has been engaging with professional institutions like ICAI in the area of financial literacy and education through various awareness programs, workshops and training on financial markets for the investors,” stated Governor Mukhi.
The event was also attended by Santosh Kumar (NE regional director under corporate affairs ministry), Tushar Anand (IEPFA general manager), Debashish Mitra (ICAI president), Anuj Goyal (Eastern India Regional Council of ICAI chairman), Ravi Kumar Patwa (EIRC Guwahati branch chairman) etc, who emphasized on spreading inclusive financial literacy, investor awareness and protection for overall economic growth and nation building.
