National Securities Depository Limited (NSDL), one of the leading securities depositories in the world, conducted a series of educative programs titled Market Ka Eklavya – Express for students across the country.
According to the press release, the event was organized in 8 languages and was attended by over 4,000 students in over 75 cities covering all Indian states as part of the ‘Azadi Ka Amrit Mahotsav’. The program is currently targeted at college students and aims to empower them with financial knowledge and train them to become prudent investors. Only 7% of the 130 crore people in India invest in the securities market. India has the youngest population globally with a median age of 29 years.
An audio-visual film on the initiative of NSDL on Market Ka Eklavya-Express was screened in ‘India’s Economic Journey @ 75’, an event organized by the Department of Economic Affairs, Ministry of Finance and Securities and Exchange Board of India (SEBI) in June was. 8, 2022 in New Delhi. The meeting was chaired by the Union Finance Minister Nirmala Sitharaman.
Commenting on the programmes, Padmaja Chanduru, MD & CEO, NSDL said, “There has been an overwhelming response from colleges and students. The fast-track version of the ‘Market Ka Eklavya – Express’ course has reached out to over 4000 students from various locations including several Tier 2 and Tier 3 cities across India. Glad to share that around 48% of these students were girls.” He highlighted that NSDL will continue to reach out to the youth by tying up with colleges for its 5-hour online program ‘Market Ka Eklavya’.
NSDL has a market share of 89 per cent in terms of value of demat assets in India. NSDL Demat accounts are located in more than 99% pin codes in the country and 167 countries across the world.