Niveshak Didi Phase II
The Investor Education and Protection Fund Authority (IEPFA) launched Phase II of its financial literacy initiative, Niveshak Didi, in Hyderabad. This programme focuses on empowering rural communities, especially women, by enhancing financial awareness and promoting secure financial practices. The event included a camp at Patelguda Panchayat with key officials emphasising the importance of informed financial decisions and digital inclusion.
Objective and Significance
Niveshak Didi Phase II aims to deepen financial knowledge in rural areas. It targets women to enable them to safeguard savings and participate confidently in the financial system. The initiative addresses knowledge gaps and builds community confidence in managing money and investments.
Key Features of Phase II
This phase expands outreach beyond the first, introducing interactive training modules. It collaborates with grassroots organisations to maximise impact. The focus is on practical skills such as savings, investment safety, fraud prevention, and digital transactions. Training is delivered in local languages for better comprehension.
Role of Strategic Partners
India Post Payments Bank (IPPB) plays a vital role with its extensive rural network. IPPB ensures last-mile delivery of financial education and services. This partnership helps provide secure and transparent financial solutions to remote areas, increasing accessibility and trust.
Women’s Financial Empowerment
Women are central to the programme’s mission. Empowering women financially leads to stronger households and communities. The initiative equips women with knowledge to make informed decisions and protect their finances from fraud and misuse.
IEPFA’s Broader Mission
IEPFA, under the Ministry of Corporate Affairs, promotes investor education and protection nationwide. It safeguards citizens against financial fraud and supports claim redressal. Niveshak Didi is part of its wider effort to create a financially resilient society through education and outreach.
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