NCDEX launches HarGhar Investor campaign in Guwahati to expand equity
NCDEX just rolled out its HarGhar Investor campaign in Guwahati, aiming to make investing and financial literacy more accessible for Indian households, especially in regions that usually get left out.
The idea is to help more people join formal markets and boost the Equity for Bharat vision.
Guwahati was picked because it is seen as an up-and-coming city with a lot of potential.
NCDEX's RAINMUMBAI world's 1st rainfall futures
Dr. Arun Raste, MD & CEO, NCDEX, pointed out that a lot of Indians still keep their savings outside formal markets due to limited access and awareness.
To change this, the campaign will focus on smaller towns and rural areas, SEBI's in-principal approval for launching Equity and Equity derivatives and ₹770 crore funds, and NCDEX is poised to launch its first offering in the cash segment as Mutual Fund Platform.
Another cool addition is RAINMUMBAI, the world's first rainfall futures product, developed with IMD and IIT Bombay to help manage risks tied to unpredictable weather.