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SHG women to be trained in financial awareness
The State Level Coordination Committee (SLCC) which met at the Secretariat on Thursday had elaborate discussions over the financial offences in the state.The SLCC meeting attended by Finance Secretaries M Ravichandra, K Sunitha, Home Department Principal Secretary AR Anuradha
Amaravati: The State Level Coordination Committee (SLCC) which met at the Secretariat on Thursday had elaborate discussions over the financial offences in the state.The SLCC meeting attended by Finance Secretaries M Ravichandra, K Sunitha, Home Department Principal Secretary AR Anuradha, CID Additional IG Dwaraka Tirumala Rao, CID Additional IG Amit Garg, Reserve Bank of India (RBI) regional director R Subramanian and other officials reviewed various cases relating to the financial institutes duping customers after taking deposits from them.
Highlights:
- State alarmed at rising cases of firms like AgriGold duping customers
- Awareness programme to begin from May 26 where officials from RBI, Police and Finance Dept would be present
After learning that financial institutes are alluring gullible public with high interest rates and attracting them to invest with these financial firms, the officials underscored the need for creating awareness among public. The committee opined that there is every need to explain the people in detail about the cheating committed by the financial institutes as a series of irregularities have involved firms like AgriGold, Abhaya Gold and other financial firms cheating depositors.
The officials decided to first bring awareness among the Self Help Group (SHG) women to prevent them from falling prey to such financial institutes.After selecting 100 women from the SHGs across the state, the officials will organise an awareness programme for them on May 26. Officials of RBI, police and finance department will give training to the select women. After completion of training, the 100 women will give training to other women in their respective districts.
