Arun Jaitley emphaised the need for pension money to come to the Indian securities market. He also took note of the roadmap of FMC's merger into SEBI.
In his meeting with Sebi's board, Finance Minister Arun Jaitley reviewed the state of economy and the markets and discussed capacity building and other infrastructure needs for merger of commodities regulator FMC with SEBI.
Jaitley interacted with the members of the SEBI Board and senior officials of SEBI in New Delhi on Sunday. Jayant Sinha, Minister of State for Finance and Rajiv Mehrishi, Finance Secretary and Ajay Tyagi, Additional Secretary, Finance also attended the meeting.
Jaitley highlighted the announcements related to the securities market in the Union Budget for 2015-16 and consequent action being taken by SEBI. He discussed the recent trends related to investments by foreign portfolio investors and domestic institutional investors in the securities market.
Need for pension money to come to the Indian securities market was particularly emphasized. Potential with respect to entry of REITs in the market was also discussed. Finance Minister also took note of the roadmap of FMC's merger into SEBI.
Besides, UK Sinha, Chairman-SEBI, the meeting was attended by members of SEBI Board viz. Anjuli Chib Duggal, Prashant Saran, Rajeev Kumar Agarwal, S Raman, Manoj Joshi and PC Chhotaray. Executive Directors and other senior officials of SEBI were also present.
Jaitley interacted with the members of the SEBI Board and senior officials of SEBI in New Delhi on Sunday. Jayant Sinha, Minister of State for Finance and Rajiv Mehrishi, Finance Secretary and Ajay Tyagi, Additional Secretary, Finance also attended the meeting.
Jaitley highlighted the announcements related to the securities market in the Union Budget for 2015-16 and consequent action being taken by SEBI. He discussed the recent trends related to investments by foreign portfolio investors and domestic institutional investors in the securities market.
Need for pension money to come to the Indian securities market was particularly emphasized. Potential with respect to entry of REITs in the market was also discussed. Finance Minister also took note of the roadmap of FMC's merger into SEBI.
Besides, UK Sinha, Chairman-SEBI, the meeting was attended by members of SEBI Board viz. Anjuli Chib Duggal, Prashant Saran, Rajeev Kumar Agarwal, S Raman, Manoj Joshi and PC Chhotaray. Executive Directors and other senior officials of SEBI were also present.
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