Taking growth story to grassroot level a challenge: Khurshid

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:43 AM IST

Outgoing Corporate Affairs Minister Salman Khurshid today said it is a challenge to involve retails investors at grassroot levels into the Indian corporate growth story.

"In a year-and-a-half, we have tried to reach out and educate investors to take the corporate story to all kinds of place and small cities, to towns. We have still not been able to take the corporate story to Panchayats. I think that is big challenge," said Khurshid while addressing his last public function as Corporate Affairs Minister.

Khurshid, in yesterday's reshuffle, has been elevated as the cabinet minister for Water Resources. He will also retain the portfolio of Minority Affairs.

The Minister, while addressing a function jointly organised by the All India Management Association (AIMA) and Mercer, said that the government would like every Indian to become an investor.

"I see the idea of industrial democracy evolving in this country where every Indian becomes an investor. Small or big retail investor. Every Indian has a right to tell his government how to function and change the government if the government is not performing to the satisfaction," he said.

Khurshid had assumed charge of the ministries of Corporate Affairs and Minority Affairs in May of 2009, as a Minister of State.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 20 2011 | 4:39 PM IST

Next Story