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posted Feb 23, 2018, 5:44 AM by Don Bosco Development Society   [ updated Feb 23, 2018, 5:44 AM ]
Mumbai, 20-Feb-2018: The Don Bosco Development Society (DBDS), Mumbai organized an ‘Investment planning’ workshop for people from low income group residing in the slums of Ninty-feet, Sakinaka. Around 45 women participated in this workshop which was organized under the aegis of ‘MGL Disha Project’ supported by MAHANAGAR GAS LIMITED.

In welcome speech Fr Rolvin D’Mello (DBDS - Executive Director) expressed his joy about the new partnership between DBDS and MAHANAGAR GAS. He further urged the participants to save some money and invest smartly so that they could have good returns from the investments. Mrs. Meena Sanjeev (Manager – Canara bank, Kurla West Branch) was the resource person for the training. The workshop focused on the saving and investment behaviour of people. It compared risk and returns of different assets classes like gold, equity, real estate etc.

Most of the people tend to invest in insurance thinking that it is investment but it not investment in reality as they don’t give returns to beat inflation. Detailed information on investment in small saving schemes of post office was shared with the participants. Participants invited the resource person to hold more such sessions in the slum community. Mrs Zarina Khan and Surekha Pednekar (DBDS – Staff) made the necessary arrangements for this workshop.