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Shri Piyush Goyal calls for a Single window portal for doing robust common KYC system for Stock Brokers, Mutual Fund and depositories etc Shri Piyush Goyal calls for transparency and integrity in the stock markets to empower households and investment besides encourage investments. The NSE has
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FAQ :
The main goal is to foster the growth of the stock exchange market by focusing on investor protection, transparency, and global competitiveness.
He called for the implementation of a single window portal for a robust common KYC system for stockbrokers, mutual funds, and depositories.
He suggested safeguarding their interests by improving financial literacy, launching suitable financial products, and amplifying campaigns to keep investors informed.
According to Piyush Goyal, quoting PM Modi, India cannot become a developed country without a world-class securities and commodities market.
There is an encouragement for a sentiment shift from speculation to diversification and from momentary gains to building long-term portfolios.
Indian exchanges should follow international best practices, such as those of Wall Street and NASDAQ, with the aim of becoming among the top 3 exchanges globally.
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