Financial literacy is important for students: Collector

It is essential that students acquire knowledge of finance and how financial markets work to contribute to the growth of society, said District Collect Navjot Khosa.

She was speaking on Saturday during a program organized by the Department of Investment and Public Assets Administration (DIPAM) of the Ministry of Finance in conjunction with the Azadi ka Amrit Mahotsav.

Financial literacy would bring great benefits to students in their future lives. It would show them the right path and help them make the decision to invest in their future, the collector said.

Earlier, Union Finance Minister Nirmala Sitharaman inaugurated a one-day conference on the same topic online in 75 cities across the country, including Thiruvananthapuram and Kochi.

“In 1991, the nature of public asset management changed, marking a shift in focus to focus on core areas and reduce public sector involvement. This opening up of the private sector has stimulated investment and favored start-ups. This change and strategic divestment was aimed at improving efficiency and increasing returns, allowing players to compete against each other,” she said.

ASAP President and CEO Usha Titus; District Development Commissioner and CEO of Smart City, Thiruvananthapuram, Vinay Goel; Shijumon CS, Director of Indian Institute of Space Science and Technology; and former CEO of Technopark G. Vijayaraghavan; were present.

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