On the 12th of July 2024, Helping Everyone Live and Prosper Society (HELP Society), in collaboration with MoneyWise – Centre for Financial Literacy and the National Bank for Agriculture and Rural Development (NABARD), hosted a one-day Financial Literacy Awareness Programme alongside celebrated the 43rd Foundation Day of NABARD at Haflong Hill Old Railway Station Village.
Empowering Women Through Financial Literacy
The program’s primary goal was to enhance financial literacy among women in the community. It focused on crucial topics such as financial planning, social security schemes, and initiatives like Kisan Credit Card (KCC), Joint Liability Groups (JLG), MUDRA (Micro Units Development and Refinance Agency), and Startup India. By providing comprehensive information on these subjects, the event aimed to equip women with the knowledge and resources necessary to make informed financial decisions and take control of their financial futures.
The event was honored by notable dignitaries, including Shri S Amarjeet Mangang, District Development Manager of NABARD, Miss Iteule Newme, Central Manager of CFL, and Shri Surojeet Das President of HELP Society. Their insights and expertise greatly enriched the program, offering attendees a deeper understanding of the financial tools and schemes available to them.
In addition to the dignitaries, the event saw enthusiastic participation from various Self-Help Groups (SHGs) and Gaon Burhas (GBs), highlighting the community’s commitment to fostering a financially literate and empowered society.
Key Highlights
The program featured interactive sessions and discussions on several key areas:
- Financial Planning: Participants were introduced to the basics of financial planning, emphasizing the importance of budgeting, saving, and investing. The session aimed to instill a habit of disciplined financial management among attendees, helping them achieve long-term financial stability and growth.
- Social Security Schemes: A detailed session on social security schemes provided insights into various government-backed initiatives designed to offer financial protection and security to individuals and families. This included information on schemes such as the Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Pradhan Mantri Suraksha Bima Yojana (PMSBY), among others.
- Kisan Credit Card (KCC): The KCC session focused on educating farmers about the benefits and application process of the Kisan Credit Card scheme. This initiative provides farmers with timely access to credit for agricultural needs, ensuring that they have the necessary financial support to enhance productivity and manage their operations effectively.
- Joint Liability Groups (JLG): The session on JLGs highlighted the advantages of forming Joint Liability Groups for collective borrowing and financial support among rural women. By pooling resources and sharing responsibilities, JLGs can significantly improve access to credit and reduce financial risks for their members.
- MUDRA and Startup India: Encouraging entrepreneurship was a key theme of the program. Participants were informed about the financial support available through MUDRA loans, which provide funding for small businesses and startups. The session also covered the Startup India initiative, aimed at fostering innovation and entrepreneurship across the country.
The event concluded on a high note, with participants expressing their appreciation for the valuable insights and knowledge shared. The collective efforts of HELP Society, MoneyWise – Centre for Financial Literacy, and NABARD succeeded in making a significant impact, paving the way for a more financially literate and empowered community.
Our heartfelt thanks go out to everyone who participated and contributed to the success of this event. Together, we are building a foundation for a financially secure future, where every individual is equipped with the tools and knowledge to achieve their financial goals. HELP Society remains committed to promoting financial literacy and empowerment within the community. By organizing such impactful events, we strive to create lasting positive change and support the economic well-being of our society.
In conclusion, the Financial Literacy Awareness Programme organized by HELP Society, in collaboration with MoneyWise and NABARD, was a resounding success. The event not only provided invaluable financial knowledge to the participants but also fostered a sense of community and shared purpose. Together, we are building a foundation for a financially secure future, where every individual is equipped with the tools and knowledge to achieve their financial goals.
Together, we are building a brighter, financially empowered future.
