Empowering SHGs: RBI Organizes Financial Literacy Programme in Geyzing
Gangtok: RBI Gangtok conducted
a Financial Literacy Programme for Self Help Group (SHG) members of Arithang
Chongrang GPU, Gyalshing district on January 23, 2025. The program aimed to emphasize RBI's commitment to
building capacity among SHG leaders. The program was facilitated by two
officials from RBI, Mr Subash Luyagun,
Manager, and Mr Riddik Thapa, Assistant. Mr Subash commenced the session with
an overview of the five good principles of SHGs, the Panchasutra, viz.,
Periodic Meetings, Periodic Savings, Regular Internal Lending, Regular
repayment, and Bookkeeping. He also presented on various types of frauds and
cybercrimes, including their modus operandi and examples of recent cases. He
then informed the participants about the 'Integrated Ombudsman Scheme' of RBI.
Mr Riddik apprised the participants about various government
social security schemes, such as Pradhan Mantri Suraksha Bima Yojana, the
accident insurance scheme with an annual premium of ₹20,
Pradhan Mantri Jeevan Jyoti Bima Yojana, the life insurance scheme with an
annual premium of ₹436, etc. The session conducted by both
officials was appreciated by the SHG members, who requested more sessions in
the future. The program was organized as part of RBI's Financial Literacy
initiative. To ensure sustained and continuous imparting of financial literacy
among the general public, RBI frequently conducts such Financial Literacy camps
for a diverse spectrum of people, including school teachers and students,
senior citizens, SHGs, MSMEs, farmers, etc., with the objective of creating and
enhancing financial literacy among them. -PIB
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