Mon, May 30 (MExN): The State Bank of India (SBI) Mon Bazar Branch organized a Financial Literacy Camp (FLC) at Longphoah village, Mon district, on May 28.
Ngurliana Sailo, Branch Manager, SBI Mon Bazar Branch shared on the need for every individual to open Saving Bank Account in a Bank of one’s own choice, to be counted in the ‘financial inclusion’ fold. Touching on the value of savings, he said that if every SB Account holder deposits Rs. 500 the community will be able to save about Rs. 1 lakh in a year.
He also informed that PMJDY ‘Zero balance’ account is left without transaction or deposit beyond one year will be considered inoperative account. “A new directive is that PMJDY accounts already opened should fulfill KYC norms within one year and get Aadhar-linked by June 30, 2016.” He also stated that SB accounts of Pension beneficiaries must be Aadhar-linked latest by May-end 2016.
Speaking on ‘Social Security Schemes’ Akaju Alex, Customer Assistant SBI Mon Bazar Branch shared about the social security and pension schemes viz PMSBY, PMJJBY, APY and SSY. He clarified that a person having savings account in different Bank Branches can opt for any desired Bank for availing a desired scheme.A person has to continually keep depositing savings in the account to make the insurance/pension scheme hindrance-free, he said.
Rajuselie Lhousa, DPC (Financial Inclusion) NSRLM, Mon spoke on ‘DAY-NRLM’. Objective of Deendayal Antyodaya Yojana-NRLM (DAY-NRLM) through ‘panchasutra’ shall unfold maximum fulfillment of purpose of humankind i.e. team spirit, cordial neighborhood, financial discipline, leadership growth, building peace, undisputed local self-governance etc. besides poverty alleviation.
He assured that, implementation of NRLM principles with utmost sincerity will accelerate a community to achieve the same height like any bigger or developed or powerful community. Her also expressed optimism that the rural society will see all round positive changes in rural areas very soon through proper implementation of the aims and objectives of NRLM. “Corruption is not pointing finger on others for financial irregularities alone but a professional failing to guide the innocent and public failing to practice what is learnt is corruption,” he added.
Altogether 115 participants representing the NSRLM SHGs, village council, the Angh and general public attended the camp. Earlier, a brief note on the status of the village was delivered by Tingsai Konyak, VDB secretary. Invocation prayer was delivered by Wangrau Konyak, Pastor of Longphoah Baptist Church, while welcome addressed by Mantic Konyak.
