Chief Minister Nitish Kumar said that he was least bothered about the criticism of the Opposition and would continue with his development for the overall progress of Bihar. “After its defeat, the Opposition is left with no other option but to wait for another five years to try its luck,” he said, while speaking at a function of SEBI on Monday. He also inaugurated the SEBI office through remote.
The CM said, “We know that big ticket investment will not come overnight here and we have to promote the local entrepreneurs for small and medium investment.” He asked the SEBI to check the unauthorised money collection by cheaters because mostly the poor people were the victims. There has been no big scam in Bihar like in other States but threat looms large, he added.
Earlier, SEBI chairman UK Sinha admitted that Ponzi was very rampant in the country and the SEBI was determined to check it. He aid in Bihar a state level coordination committee under the Chief Secretary has been constituted which meets every three months.
The Patna office of the SEBI will also help create awareness among common people about finance, economy, market and related issued.