IANS | 14 May, 2024
Union Finance Minister Nirmala Sitharaman said on Tuesday that more
and more Indians are now investing in stock markets and their household
savings must be protected with robust guardrails.
Addressing an
interactive ‘Viksit Bharat 2047’ session focused on the Indian financial
markets at the Bombay Stock Exchange (BSE), the Finance Minister said
the middle-class families have now realised that even though investing
in markets has its risks, “there are better returns too”.
"We must
guard and build from strength to strength the trust that Indians are
showing in the stock markets," FM Sitharaman told the gathering.
She
also said the mindset that savings have to be made in post-offices and
banks has not gone away from the minds of the opposition parties.
“But India has moved far away, moved far ahead, and moved fast forward,” the FInance Minister said.
The
middle-class families are now willing to find new ways of investing in
stocks and are opening demat accounts as never seen before, she added.
