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Marathi website to help small investors launched

By samyuktha
|
Google Oneindia News

Mumbai, Jul 14: Shiv Sena and Maharashtra Navnirman Sena (MNS) must be impressed as the website on Investor Education and Protection Fund was launched in Marathi on Wednesday, Jul 14.

Keeping aside the politics of language, the move to launch this website stems from the need to encourage participation of small and retail investors in capital markets.

Salman Khurshid, Minister for Corporate Affairs, who launched the website, said, “If the small investors are educated about capital markets, their funds" mobilization in capital markets can push the Gross Domestic Product (GDP) growth rate up."

The website will be launched in other languages as well.

The launch of the Marathi version of the website came as part of the the ongoing India Investor Week 2010, 'Governance: The Essence of Investor Protection", organised by the Confederation of Indian Industry (CII).

Speaking on the conference, the minister said, “The idea behind India Investor Week 2010 is to catapult investors" education to the mainstream agenda of all stakeholders - the government, industry players, chambers like CII and others. There is need of developing conducive investment culture in the country."

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