SHOPIAN: A financial literacy program was today organised at CFC Zainapora, focusing on unclaimed financial assets and empowering citizens to manage their finances effectively. The event saw participation from SDM Zainapora, Bilal Ahmad, DGM NABARD, RBI representative, LDM Shopian and other officers and functionaries.
The program included awareness on unclaimed financial assets, with some claims dispersed on the spot. Comprehensive sessions were held on social security schemes, livelihood opportunities, and government initiatives with regard to credit-linked schemes. Discussions on sustainable agriculture, organic farming, and mixed farming practices aimed to support farmers in doubling their income was also conducted.
SDM Zainapora emphasized the importance of financial literacy, focusing on social mobilization of credit-linked schemes. He said that the banking sector is undergoing a significant transformation, and it is crucial for citizens to be aware of the emerging trends and security challenges. "By prioritizing financial literacy and adopting robust security practices, we can build trust, drive growth, and thrive in an ever-evolving financial landscape, he added.
During the event, stakeholders promoted government schemes and programs for the community's benefit, aligning with the government's vision for a financially inclusive society. The event also highlighted the changing dynamics of banking, with a focus on digitalization, artificial intelligence, and biometric authentication. Experts underscored the importance of security measures, such as multi-factor authentication, encryption, and regular audits, to mitigate risks associated with managing accounts and policies.
