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Calling for transparency and the highest level of integrity in the stock markets, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal has said that this will empower households to look at greater incomes through investment besides encourage foreign investors.

Goyal further said that India has earned respect globally, with its robust technical solutions for handling large trade volumes, adding that it is equally pertinent that all financial products pass through the prism of ‘Trust, Transparency & Accountability’ so that they can turn into a rainbow of colours for the investors.

Besides, the minister said that stock exchanges play a pivotal role in providing capital both to industry and service sector and channelize household savings & institutional flows for capital formation. Goyal also said that India is on the path of unprecedented economic growth. The rising economic indicators have showcased India and its true potential and capacity.

Underlining the benefits, Goyal said that capital markets can become a source of finance for productive purposes like Infrastructure & Agriculture, which can benefit a very large majority of the country’s population. He said that also, commodity derivative markets can be used to eliminate risks of farmers.