Indian capital market is robust and can play a crucial role in achieving $5 trillion economy by 2025, Minister of State for Finance Anurag Thakur said on Saturday.
The exchanges and brokerages are playing a crucial role in capital formation in the country and there is a need to ensure that public faith in the capital market is not eroded due to scams and frauds, the minister noted.
“In our journey to a $5 trillion economy by 2025, the role of capital markets will be paramount. Indian capital markets are robust and deep and stands at par with other global markets,” Thakur said.