SHILLONG, MAR 26: The Reserve Bank of India (RBI), Shillong Office, organized a Field Level Financial Literacy Event (FLFLE) on Wednesday, at Mukhaialong village, Wapung, in East Jaintia Hills district, Meghalaya.
The event aimed to promote financial literacy and awareness among the general public.
In his opening remarks, Olden Nongpluh, GM(O-i-C), RBI Shillong Office, emphasized the importance of financial inclusion, awareness, education, literacy, planning, budgeting, and saving.
“I urge all participants to take advantage of the program and pay attention to the speeches by various speakers so that they can put to use what they learn from the programme,” he said.
F Passah, Assistant Commissioner, Government of Meghalaya, highlighted the significance of having bank accounts, cultivating saving habits, and ensuring that bank accounts are in order for successful transfer of benefits from government schemes.
“I urge everyone to get enrolled in various social security schemes so that they can protect themselves and families from unforeseen tragedy,” he said.
D Thiarta, from MSRLS, stressed on the five core operation principles of Self-Help Groups for success and financial inclusion under DAY-NRLM: regular meetings, regular savings, regular inter-loaning, timely repayment, and up-to-date book keeping.
The event featured presentations on financial planning, social security schemes, and digital platforms, as well as discussions on various banking schemes, including Sukanya Samriddhi Yojana, PMJDY, SHG loans, and KCC.
Officials also highlighted precautionary measures against cyber fraud and informed participants about grievance redressal mechanisms.
The programme was attended by officials from RBI, government departments, banks, and village headmen, among others.
The village Headman expressed gratitude to RBI for organizing the programme and encouraged participants to benefit from such initiatives.
By Our Reporter
RBI conducts financial literacy event in Meghalaya’s EJH
