Answer to Question #49302 in Macroeconomics for vansh
Justify the options and future of the public private partnership in India?
The National Stock Exchange of India Limited (NSE) commenced trading in derivatives with the launch of index futures on June 12, 2000. The futures contracts are based on the popular benchmark S&P CNX Nifty Index. The Exchange introduced trading in Index Options (also based on Nifty) on June 4, 2001. NSE also became the first exchange to launch trading inoptions on individual securities from July 2, 2001. Futures on individual securities were introduced on November 9, 2001. Futures and Options on individual securities are available on 216 securities stipulated by SEBI. The Exchange has also introduced trading in Futures and Options contracts based on CNX-IT, BANK NIFTY, and NIFTY MIDCAP 50 indices. The National PPP Capacity Building Programme was launched by the Union Finance Minister (FM) at the India PPP Conclave held in December 2010. The programme found special mention in the FM's Budget speech in February 2011. The programme expects to train 10,000 senior and middle-level government officials over the next 3 years. This is expected to result in improved capacities among government officials in preparing and managing PPP projects across various infrastructure sectors in these States.