Nov. 22: The Gauhati Stock Exchange (GSE) is taking steps to educate investors about the capital market.

A meeting, FINVEST 2011, on capital market will be held on Saturday after a long time.

The meeting is being organised in collaboration with Securities and Exchange Board of India (Sebi) for the first time and can be attended by people from all walks of life.

“Sebi has asked us to take steps for creating awareness about the capital market by holding seminars and meetings,” GSE chairman P.K. Jain said at a news conference here today.

He said this was the first time that a meeting with eminent resource persons was being held in collaboration with Sebi by the GSE.

“Given the fact that the awareness levels about capital market among general people in the region is low, the meet will be of immense help to everyone,” Jain said.

Sebi executive director J. Ranganayakulu will also be present on the occasion.

Industries minister Pradyut Bordoloi will be present in the meeting from the state government.

Vice-chancellor of Gauhati University .K. Medhi will also be present.

GSE was established in 1983 and subsequently got recognition from the Centre in 1984. It is the only exchange in the Northeast.

An official said the stock exchange was a vital link to the economy and a very important component in the development of the operating region.

“It is the barometer of the economic climate of the region; it constantly registers the effect of various factors, both internal and external,” the official said.

“The situation has improved as there has been a vast increase in opening of demat accounts. In 2002, there were only 800 demat accounts which has now increased to 5,000-odd accounts and the figure is increasing,” the official said.

The meeting will deliberate on financial planning for the future, mutual funds and capital market in the region. There will also be public interaction during the meet.