Well govt. of India is trying hard to woo people into investing in Indian stock market.
Reason:
1) They are the only long term viable way of beating the inflation.
2) Help raise funds for good investments and sunrise industry.
3) Investors are the best person to punish, reward and evaluate Management and promoters of the company.
4) A well developed stock market is a must for the much needed entrepreneur boom in the market.
5) Stock market valuation is considered the best guideline in case of takeover, mergers and acquisitions.
6) It promotes, transparency, ethics and sharing of wealth with the general public.
7) Lastly, since betting and gambling is not permitted in India, it provides a healthy avenue for the speculators and risk takers to contribute to the society.