PHD Chamber of Commerce - BSE conduct Investor Awareness Workshop at Sangam University Bhilwara
Investor education is at the heart of a healthy market since the onus lies with investors for taking advantage of the rules for fair play and equal opportunities framed and implemented by policy makers.
- (1888PressRelease) September 25, 2013 - Less than 1 % of the population of India today invests directly in the stock market with another 2 to 3 % coming through the mutual funds. Worse, less than 2 per cent of the household savings go to the capital market. Every earner is a potential saver; every saver is a potential investor; and every investor ought to be financially literate. Unless the common person becomes a wiser investor, and is protected from wrongdoings, wealth creation for the investor will remain a distant dream. We need to convert a nation of savers into a nation of investors.
Individuals need to be empowered so that they can make informed decisions. Imparting financial knowledge to people is a public good. The government, regulators and the financial services industry need to come together to initiate action to improve financial literacy and deliver accurate information in simple formats.
Considering the importance of investor education, Sangam University joined hands with PHD Chamber of Commerce and Industry and BSE (Formerly Bombay Stock Exchange) for conducting a workshop on 14 Aug 2013.
Mr Harbinder Singh Sokhi expert from BSE conducted the session which was enthusiastically attended by faculty and students. The session started with the history and evolution of BSE, various investment avenues including the stock options, money market and capital market, the role of department of investor services, Do's and Don'ts of primary and secondary markets, procedures for dealing with brokers and sub brokers, mutual funds, risk management, Equity Saving Schemes for tax saving benefits, derivatives, purchasing process for various products, and steps involved for becoming a capital market investor, role of SEBI etc.
Prof BR Natarajan President - Vice Chancellor Sangam University thanked PHD Chamber and BSE for conducting the session.
About Sangam University-
The Institution supported by Sangam Group of Industries Bhilwara which is one among the top ranking corporates in India today with business interests spanning textiles, steel, infrastructure, power and energy has been established by Govt. of Rajasthan Act No. 14 of 2012 incorporated u/s 2(f) of UGC Act 1956. It's a matter of pride that the one year young Sangam University has a ten year old legacy with ITM established in 2003 as its foundation.
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