Blitz Bureau
The Foundation for Public Awareness and Policy (FPAP) brought together the diplomatic community and the National Stock Exchange of India (NSE) for an interaction on June 9 in Delhi. The theme of the interaction was “Road to Viksit Bharat: Contribution of Capital Markets”.
The interaction was steered by Dr. Vijay Chauthaiwale, Vice Chairman and Trustee, FPAP and saw participation from Ashish Kumar Chauhan, Managing Director and CEO of NSE, diplomats and Dr. Anirban Ganguly, Chairman, FPAP.
The interaction provided insights into how India’s capital markets serve as a gateway to the country’s economic growth. FPAP plans to hold such interactions between the diplomatic community and NSE on a regular basis to create awareness and understanding about India’s capital markets.
Investment opportunities, regulatory frameworks, and the transformative role of technology in India’s financial sector evolution were some of the issues which were discussed with the heads of foreign missions.
NSE’s Chauhan said, “Interacting with the heads of missions in Delhi underscores our commitment to positioning India’s capital markets as a global benchmark, driving economic diplomacy and investor confidence. Under Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Finance Minister Smt. Nirmala Sitharaman India has become the fourth largest capital market globally after USA, China (including Hong Kong) and Japan. India’s market capitalisation has increased over 6 times in 11 years from Rs 74 lakh crore i.e., US$ 1.2 trillion as of May 2014 to about Rs 450 lakh crore i.e., US$ 5.2 trillion today. This surge reflects growing public trust in the Government of India, Indian entrepreneurs, and the country’s future. Such interactions with the diplomatic community reinforce our commitment to Viksit Bharat by 2047.”