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414 WORKSHOP ON FINANCIAL GOALS AND INVESTMENT

posted Oct 25, 2018, 6:58 AM by Don Bosco Development Society   [ updated Oct 25, 2018, 6:59 AM ]
10-October-2018, Mumbai: The Don Bosco Development Society (DBDS), Mumbai organized a two days training on ‘Investment Planning’ for women from low income group residing in Ashok Nagar slum in Mumbai. 199 women participated in this workshop which was organized under the aegis of ‘MGL Disha Project’ supported by MAHANAGAR GAS LIMITED.

Mr. Prakash Vinerkar (Sub-Postmaster (HSG-1) Ghatkopar) 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. He further urged the participants to save money and invest smartly so that they could have good returns from the investments.
Most of the people tend to invest in insurance thinking that it is an investment but in reality it is a risk cover and returns are low.

Detailed information on investment in small saving schemes, Pension schemes of post office was shared with the participants. Participants invited the resource person to hold more such sessions in the slum community. After training 83 women filled up form of schemes like Sukanya Samruddhi Yojana, PPF etc. Mrs Zarina Khan and Surekha Pednekar (DBDS – Staff) made the necessary arrangements for this workshop.