Shillong, March 26 : The Reserve Bank of India (RBI), Shillong Office, organised a Field Level Financial Literacy Event (FLFLE) at Mukhaialong village in Wapung, East Jaintia Hills district, to promote financial awareness among the public.
The programme aimed to educate participants on financial planning, savings, budgeting, and the importance of banking services. Addressing the gathering, RBI official Olden Nongpluh highlighted the significance of financial literacy and encouraged participants to make use of the knowledge gained.
Assistant Commissioner F. Passah emphasised the importance of maintaining active bank accounts to ensure smooth transfer of benefits under government schemes. He also encouraged people to adopt saving habits and enroll in social security schemes.
D. Thiarta from MSRLS elaborated on the core principles of Self-Help Groups (SHGs), including regular savings, timely repayment, and proper bookkeeping. She also highlighted key schemes such as the Atal Pension Yojana.
Officials from various banks and institutions, including State Bank of India, Meghalaya Rural Bank, and MCAB Ltd., informed participants about schemes like PMJDY, Sukanya Samriddhi Yojana, SHG loans, and Kisan Credit Card (KCC). They stressed the importance of credit discipline, Aadhaar seeding, and responsible use of digital banking.
RBI officials also conducted sessions on digital platforms such as UPI, UDGAM Portal, and MANI App, while cautioning participants against cyber fraud. Information on grievance redressal mechanisms, including the Integrated Ombudsman Scheme, was also shared.
The programme saw participation from NABARD, SLBC, LDM, MSRLS, village headmen, and residents from nearby areas. The village headman welcomed the initiative and urged greater community participation, especially encouraging men to engage in such programmes.
The initiative forms part of RBI’s continued efforts to strengthen financial literacy and inclusion in rural Meghalaya.
