World Thrift Day 2021 celebrated
Source: The Sangai Express / DIPR
Bishnupur, October 30 2021:
Directorate of Small Savings, Finance Department, Government of Manipur in association with the District Administration Bishnupur and Zilla Parishad Bishnupur on Saturday observed World Thrift Day at Panchayat Resource Centre, Bishnupur.
It was attended by RanjanYumnam, Deputy Commissioner Bishnupur; RK Dayananda, CEO, Zilla Parishad and Rojendrakar Nongthombam, Director, Small Savings as presidium members.
Speaking on the occasion, RanjanYumnam expressed his concern over the abysmally low culture of savings among the people of the State and stated that building real assets takes time and patience.
He also dismissed the myth that saving money is only about a large sum of money and is meant only for people with higher incomes.
Stating that life is full of surprises, he said that one must save as much as they can as savings will help withstand life's many surprises as well as for the future generations.
Cautioning against splurging on luxuries to avoid dire consequences, he said that an impulse to lead a lavish lifestyle beyond one's means in an attempt to impress others can lead to a debt trap.
Elaborating on the schemes and tools by banks and Government, he said that it is rather unfortunate that many people are blinded by easy money through unstable routes like village level micro-credit schemes.
Later, a Technical Session was also held wherein Y Ibochou Singh, LBM, Bishnupur district, Md Kheiruddin Mohamad, Post Master, Bishnupur Post Office and Director, Small Savings gave presentations on various topics.
The programme concluded with an interactive session with IPPB officials and Agents.