It is important to make folks conscious of banking system: Minister Dr. Tekam

School Education and Cooperation Minister Dr. Pramsay Singh Tekam inaugurated the Financial Literacy Week organized by the Reserve Bank of India within the capital Raipur as we speak. Addressing the heads of varied financial institution establishments current on the event, he mentioned that agriculture is the spine of the state’s financial system. To strengthen agriculture, the movement of finance in agriculture needs to be additional elevated. To enhance monetary funding in agriculture, farmers have to concentrate on the banking system. Dr. Tekam mentioned that in Financial Literacy Week (8 to 12 February), folks must be knowledgeable about taking loans, well timed repayments, the place to get loans, details about digital banking system in addition to warning. He additionally launched promotional materials, posters and audi-videos for consciousness throughout Financial Literacy Week on the event.
Dr. Tekam mentioned that monetary literacy means the power to grasp the correct use of cash. ‘Financial training’ means getting the best details about ‘wealth’, in order that we are able to safe and enhance our monetary future, whereas managing our wealth correctly. Promoting monetary training means serving to folks to resolve their monetary issues. He instructed the financial institution officers that we have now to bear the duty, not the issue, however to be a part of the answer, then each household of our society will likely be financially robust, solely then our nation will likely be financially robust.
Minister Dr. Tekam mentioned that underneath the management of Chief Minister Mr. Bhupesh Baghel, many selections have been taken by the state authorities within the curiosity of farmers. The intention of the federal government is that the farmers ought to use their revenue, bills, and many others. thoughtfully. Farmers have to be assured of planning whereas doing many duties, from planning of crop manufacturing, taking loans when required, estimation and cost of curiosity, advertising and marketing of their crops, and many others. He mentioned that in Chhattisgarh, customs, traditions and Teej festivals are additionally related to wealth. Many festivals are celebrated after harvest. After the arrival of the brand new crop, the revenue from promoting it and the prosperity of the home are blended with one another. Dr. Tekam mentioned that we should always avoid wasting cash from our earnings in the best place. The behavior of saving ought to come from childhood. Everyone ought to come to stop pointless bills, get monetary savings and spend money on proper place. He mentioned that we should always preserve a monetary diary to maintain observe of our revenue and bills.