Speaking at a convention organised by Association of National Exchanges Members of India (Anmi), Thakur on Saturday underscored the importance of a robust capital market for India to become a $5 trillion economy.
“Capital market plays a significant role in any nation’s development. In our journey to become a $5 trillion economy by 2024-25, the role of the capital market is paramount,” said Thakur. “A country’s capital market plays a significant role in building the economy as it channelises domestic saving into long term financial assets.”
He added that the Indian capital market was quite robust and deep.
The minister also highlighted a number of steps taken by the government and its achievements in the last couple of…