Financial literacy training in Tura

TURA: To make the process of banking easier for people especially in rural areas, the Financial Literacy Training for Financial Inclusion of Cadres of Meghalaya State Rural Livelihood Society (MSRLS) was organised in collaboration with India Post Payment Bank (IPPB) at SMELC, Dakopgre, Tura on Thursday.
Speaking on the occasion, West Garo Hills Deputy Commissioner, Ram Singh said that financial inclusion is the biggest hindrance in the region especially in rural areas where banking facilities, though present, cannot be accessed accordingly due to certain problems. Therefore, he hoped that the intervention of IPPB in the rural areas would immensely help to facilitate various financial inclusion components like bank account opening services, bank linkage, etc. especially to Women Self Help Group and their members among others.
The DC also said that women SHGs need to be sensitised on a regular basis about accounting, record keeping and their day-to-day transaction in the bank.
He added that banking should be made accessible for them thereby connecting more people which would help to generate sustainable economic growth in the region. Naveen Deshmukh, AGM, IPPB informed about the functioning of the IPPB which had been opened in September, last year across 650 branches in India including access points at the head post office, sub post office and branch post office in the region. He said that all the post office branches in India will be linked with IPPB which will create the largest banking network in the country and reach out even to the remotest corner in rural areas.