Introduction of stock market in India and Singapore.
Mr. Amit Sharma emphasizes upon the major stock exchanges in India and their differentiation with of the stock exchanges. As per Mr. Sharma, Indian economy, the third largest economy in the world in terms of purchasing power, is going to touch new heights in coming years. As predicted by Goldman Sachs, the Global Investment Bank, by 2035 India would be the third largest economy of the world just after US and China. It will grow to 60% of size of the US economy. This booming economy of today has to pass through many phases before it can achieve the current milestone. A government always uses some fiscal and monetary tools to inject and suck the capital from the market.