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MUMBAI:
Union Minister of Finance Mr. P. Chidambaram has praised the efforts
of the country's fastest growing consumer and business channel,
CNBC Awaaz, for its investor education series 'Pehla Kadam'.
After
the hugely successful opening round of India's first organized investor
education initiative, CNBC Awaaz is all set to roll out the second
part of its Pehla Kadam series. Partnered by NDSL and NSE and sponsored
by Reliance Money, Pehla Kadam series aims to answer to all new
investor queries. While the first installment of this series dealt
with market fundamentals, Pehla Kadam this time around will essentially
focus on the next level of understanding of investment vitalities
and volatilities.
Lauding
the series as a right step in the right direction at the right time,
Mr. Chidambaram has said, ""In metros, tier 1 and tier
2 towns, there is a great deal of interest in the capital market
and investment opportunities. What I have gathered is your programme
Pehla Kadam had profound impact on that class of people. I wish
you more success. I wish you will expand your reach to other parts
of the country".
With
the Indian economy looking brighter than ever before and Indian
stock markets witnessing an unprecedented tug of war between the
bulls and the bears, it becomes imperative for new investors to
learn the intricacies of the market place. Mr. Vivek Law, Network
18's leading anchor and CNBC Awaaz - Consumer Affairs Editor, explained
that Pehla Kadam aimed to enable investors to make intelligent and
informed decisions and eventually maximize returns and minimize
risks on their investments.
"In
its first series, Pehla Kadam, brought the equity markets closer
to people who had stayed away from it. These people had deprived
themselves of an opportunity to participate in the great India growth
story. Due to the simple classroom approach Pehla Kadam followed,
its viewership was higher than even the biggest general Hindi news
channel show. In its second series, Pehla Kadam goes beyond equities,
and explains to our viewers everything they wanted to know but could
not ask, about money. From need of financial planning, to investing
in mutual funds, ULIPs, gold and even property," Mr. Law said.
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