RBI Retail Direct Scheme
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Aim: To enhance access to the government securities market for retail investors.
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Under the scheme, retail investors will be able to easily open and maintain their government securities account online with the RBI, free of cost.
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RBI had announced the scheme in its February 2021 monetary policy
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Through this account, they can directly invest in securities issued by the Government of India and the State Governments.
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Significance:
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With the launch, India has opened up the Government bond market for retails investors.
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Moreover, it will increase investment avenues, make accessing the capital market easier, safer.
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