Our Correspondent
Mokokchung, Oct. 14 (EMN): Realising the importance of financial management and modern banking system, the Ongpangkang Students’ Conference (OKM) has embarked on a mission to sensitise the student community on financial literacy of various colleges in Mokokchung town.
OKM president, Limatongzuk Jamir, asserted that students, in the present context, must be prepared with financial management and modern banking system as they will soon face the reality of the world where financial management will play a crucial role in their career to be a successful person in life.
“OKM believe that through this financial literacy camp, it would enable the students to get more knowledge about financial management and various social schemes launched by the government of India,” he said adding, “With this financial management knowledge, it would improve the students on financial matters in the coming days.”
The second literacy camp was held at Jubilee Memorial College (JMC) with Kreho Athili, chief manager (financial inclusion) of SBI, RBO Mokokchung, as the resource person. The banker said that in developing countries, inflation is a necessity to expand the industries and production. He, therefore, suggested that everyone must be prepared for systematic investment as money values change and to reap profit out of it.
Athili also asserted that banking systems are not taught in colleges but it should be learned by oneself with inputs from bankers to increase one’s value. He further sensitised the students on various social security schemes launched by the government of India
Dr Imtiwati Jamir, principal of JMC, congratulated OKM and the parties involved in the camp for their farsightedness to understand that education is not only about the textbook but also going beyond the textbook.
He observed that financial literacy is an important part of the curriculum of life skills and expressed hope that through those camps, students have understood the importance of wealth/ financial management.
“Wealth is not about how much you have, it is about how you used the money,” he asserted.