KUPWARA: NABARD conducted a financial awareness programme for female trainees at Rural Self Employment Training Institute (RSETI) here, according to an official spokesperson.
The programme was attended by large number of female trainees undergoing training at the institute. The programme was attended by Director RSETI, I/C Lead District Manager and Co-ordinator, Financial Literacy and Credit Counselling Centre (FLCC).
District Development Manager (DDM) NABARD Kupwara, Rouf Ahmad Zargar said that the RSETIs have been set up by Union Ministry of Rural Development, to provide the skill development training to candidates in order to earn their livelihood through various income generation activities.
DDM NABARD spoke about the important concepts of banking such as basic budgeting, saving and deposits, availing loans from banks, importance of Insurance, secure remittances through formal banking channel and Artisan and Weavers Credit Cards.
The workshop was attended by female trainees undergoing the Knitting and Zirry Training Courses. He urged the trainees to go for creation of Women Self Help Group’s as the Govt of India’s Women Self Help Group Scheme was being implemented in district Kupwara only.
Director RSETI, Khurshid Peer and Coordinator FLCC, Maqbool Shah spoke in detail about the purpose of financial literacy and emphasized that the trainees must get associated with banks in order to avail different credit requirements. The Co-ordinator FLCC said that the once the trainees are linked to bank credit, they must avail the benefits of Artisan Credit Card for easy and cheap credit for carrying their business activities.
Director RSETI also urged the trainees to avail the benefits of different NABARD schemes specially Women Self Help Groups for income generation activities and for setting up their own ventures. Trainees had an interactive session regarding various types of loans that they could avail for setting up small ventures after the completion of their Skill Development Course at RSETIs.