STOCK MARKETS, DEVELOPMENT AND GOVERNMENT

No doubt that the flow of currency remains the subject of state in any economy and does so in India. India is at the verge of rapid development considering the global and domestic reasons. We cannot wait any longer and cannot hand over the responsibility of development to the state only.

The responsibility can be shared in the form of opting for ‘mixed economy’ and ‘PPP models’. The stock exchanges will definitely boost our economy very fast as the funds will be gathered very rapidly and will be utilized towards the development of our economy. The government needs to strengthen operations of the stock exchanges to maintain the trust of investors into this market.

Advocate Ranjeet Singh