Mon, May 27 (MExN): The Nagaland State Cooperative Bank Mon Branch organized a Financial Literacy and Credit Consultancy (FLCC) Camp at Totok Chingha village, Mon District, on May 26. The program was supported under FIF and managed by NABARD.
W. Ckemkai Konyak, Branch Manager, NSCB Mon Branch, spoke on different products and schemes available with the Bank viz. Saving Bank account, current account, types of deposit with varied interest rates, loan products under KCC, JLG, FC, SHGs, Cooperative societies etc. A detailed presentation of the much talked about current social security schemes like life insurance ‘PMSBY/PMJJBY’ and pension ‘APY’ was made reach to the village for the first time. He expressed happiness for the strong support and initiative of the grass-root agencies like HADO and NSRLM setting a new trend—success story, in credit linkage under NSCB Mon branch.
Resource person Rajuselie Lhousa, DPC NSRLM shared the entry of rural women program—DAY-NRLM, with a vision to reduce poverty in the country, where practice of 5 principles cannot be compromised. He sought support and cooperation of the men-folk towards women SHG initiative to enable newer opportunities being unfurled in the family. Sharing on the importance of financial inclusion, he sent a strong appeal particularly the women to have saving bank account to reap benefits from it.
The main part of attraction was the interactive session, where a good number of participants raised queries about social security schemes, whereby at the end of the day information and clarifications made by the bank official were well taken by the villagers. Altogether 92 members representing Village Council, Church, NSRLM SHGs, students and youth and the village Angh attended the camp.
