- Published in:
A two-day workshop on “Indian Securities Market” jointly organised by CMS-Nalsar and the Institute of Company Secretaries of India (ICSI) kicked off today on the Nalsar University premises.
Addressing the gathering, Nalsar Vice-Chancellor Dr Faizan Mustafa, said the workshop was an attempt to reiterate the significance of a very vital segment of the economy, the securities market. “It is an accepted notion that developing nations like India have all the right enablers to stimulate rapid growth and inclusive development. While structural bottlenecks are an impediment, shallow investing capabilities are also a major concern. The entrepreneurial aspirations and favourable demographic profile of the nation are not employed productively due to bottlenecks in access to capital”, he said, adding that the rate of savings and investment in financial markets determine the pace of economic growth. Given the allocation efficiencies and potential to yield higher returns to the stake holders, the Securities Markets would be a better than banks for channelizing saving into investments, Dr Faizan explained.
Dr Balakista Reddy (Registrar) of Nalsar University of Law, V.S Sundaresan, CGM, SEBI, CS V. Ahalada Rao, Central Council Member-ICSI and CS R Venkata Ramana, ICSI Hyderabad Chapter Chairman, V. Ganesh, CEO, Karvy Group; V.S. Sundaresan, CGM, SEBI; CS Pavan Kumar Vijay, Past President ICSI; Suprapath Lala, Vice President – NSE; CS Savithri Parekh, CS Narayan Shankar; CS Mr. G Raghu Babu shared their experiences and expertise with the participants.