Market geared up to aid India achieve $5tn economy mark: SEBI Chairman
India's equity market is geared up to aid the country achieve the $5 trillion economy mark, SEBI Chairman Ajay Tyagi said on Wednesday.
 
Speaking at the Ficci's 17th Annual Capital Market Conference 'CAPAM2020', Tyagi said the equity market systems are well geared up to take on the current challenges.
 
The theme of the conference is 'Atmanirbhar Bharat: Role of Capital Market'.
 
He acknowledged that the country is passing through a difficult, stressful and challenging time due to the Covid-19 outbreak.
 
Besides, Tyagi called for the development of the country's corporate bond market.
 
Terming the segment as critical, he pointed that some initiatives in this regard have been taken, however, more reforms are required.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
Comments
m.prabhu.shankar
5 years ago
This is the problem when leaders promote sycophancy. Destroys everything and in this case our country's institutions. How can a vegetable market increase the production of vegetables in the country ?
mywopy
5 years ago
"Tyagi said the equity market systems are well geared up to take on the current challenges."

What exactly has been implemented by the system to help the production output of this country?

He hasn't got a clue on what he is talking about.

The type of speech you give, when you just don't care and wants to keep your job for a few more years.
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