Educated Society Is Largest Contributor For Country’s Socio-Economic Development: MSME Minister

Bhubaneswar: Any kind of literacy including financial literacy plays a vital role for the development of the society and educated society is the largest contributor for the socio-economic development of the country opined Micro, Small and Medium Enterprises (MSME) Minister Prafulla Samal while addressing the state level conclave on Financial Literacy and Financial Inclusion organized by Odisha Financial Literacy Forum and promoted by Abhyutthana Financial Learning Centre (AFLC) here on Saturday.

The conclave vividly deliberated on emerging challenges and opportunities for investors and institutions in financial inclusion process. The inaugural session was attended by dignitaries like Prashant Saran, former Whole-Time Member, SEBI, P. Krishnamurthy, Former Chief General Manager, RBI, Dr. K. C. Mishra, Director, Doha Bank, Dr. K. C. Panigrahi, Chief General Manager, NABARD, Bhubaneswar and Manabendra Mishra, General Manager (OIC) RBI, Bhubaneswar.

Speaking on the occasion, Director of National Institute of Securities Markets, Mumbai Dr Sandip Ghose said, “The government has made all official transactions through banks only. So, people have to learn the
banking procedures and regulations well. Mere literacy will not help much, it needs more and more financially included population to make the system robust.”