Nirmala Sitharaman launches NSDL Investor Information Program for students

Nirmala Sitharaman launches NSDL Investor Information Program for students

Nirmala Sitharaman, the Union Finance Minister, launched the National Securities Depository Limited’s (NSDL) investor awareness program for students on Saturday. The ‘Market Ka Eklavya’ program is an online investor awareness program in Hindi and other regional languages for pupils. As part of its silver jubilee celebrations, the National Securities Depository Limited (NSDL) has launched a new investor awareness program. “You will be able to reach out to many people who are in need of financial literacy through ‘Market ka Eklavya.’ It is the ideal time for people to learn about the market, as well as the correct method used by NSDL in educating pupils “According to Sitharaman. The Finance Minister requested that NSDL expand the idea by launching it in multiple languages around the world.

“By this, we can truly become the vishwaguru as envisioned by our Prime Minister. There are many youth across the world who will be benefited from this initiative if it is made available in several languages,” she said. ‘Market ka Eklavya’ programme aims to introduce the basics of the securities market and also impart training on financial markets for students, in online mode. On the occasion, the Finance Minister released new publication ‘My Stamp’ and special cover, honouring NSDL’s contribution to the development of Indian capital markets. The NSDL is India’s first and one of the leading Central Securities Depositories in the world. It has played a key role in transforming the Indian securities market by facilitating holding and transfer of securities in dematerialised form. The market share of NSDL in value of demat assets is more than 89 per cent. NSDL demat accounts are located in more than 99 per cent of pin codes in the country and 167 countries across the globe, reflecting its wide reach.

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