DSP BlackRock Investment Managers has partnered with Sanchayan Society, a NGO working towards financial literacy, to organise a series of financial literacy workshops to address financial needs of women in the lower income segment in the Delhi- NCR region, says to a company press release.
A series of 10 financial literacy workshops were organised in economically weaker sections in the Delhi -NCR region between January 17th to March 8th 2013. The objective of conducting these workshops is to educate women from the under-privileged sections of the society, and impress upon them the importance of understanding basic financial terminologies, which are critical to the functioning of their day to day lives.
Aditi Kothari, Executive Vice President, DSP BlackRock Investment Managers said “We are happy to work with Sanchayan Society on this unique program. These workshops would be a vital first step for many under-privileged women towards greater awareness and understanding of finance and investments.”
Over 500 women from the lower income sections of the society were introduced to the benefits of financial planning & management and also the importance of investing and budgeting. Daily wage earners from slum areas were invited to the workshop and they were familiarized with financial concepts while being introduced to the world of financial planning.
Avik Kedia, Founder of the Sanchayan Society said, “Sanchayan Society has always been at the forefront for financial literacy initiatives amongst the poorest, as this is one section of the society which is always left out. We believe building strong economic national initiatives like these will go a long way in aiding financial inclusion and development for this crucial segment.”
Information and concepts like basic information on the benefits of holding a savings bank account, life and general insurance, pan card, aadhar card, fixed deposits, postal schemes, difference between a cheque and a demand draft, usage of ATM machine, pension products, among others were shared with the participants during these workshops.
