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Thursday, November 13, 2025

IEPFA holds meet in Haryana’s Karnal to boost financial awareness among rural women

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In a weekend workshop held in Sangoha, Haryana, the Investor Education and Protection Fund Authority (IEPFA)—part of the Ministry of Corporate Affairs—focused on boosting financial awareness and safe investment habits among rural women.

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IEPFA teamed up with the National Council of Applied Economic Research (NCAER), the Securities and Exchange Board of India (SEBI), the Association of Mutual Funds in India (AMFI), and the Haryana State Rural Livelihood Mission (HSRLM) to create a platform where experts, regulators, and members of women’s self‑help groups (SHGs) could share ideas about building confidence in the digital economy.

CEO and Joint Secretary of the MCA, Anita Shah Akella, opened the event by stressing that women drive India’s growth. She highlighted IEPFA’s flagship programs—Niveshak Didi and Niveshak Shivir—which teach women how to save, invest wisely, and guard against financial fraud.

Suraj Bhan, CEO of HSRLM, welcomed participants and underlined the crucial role women play in the country’s economic progress. The discussion then moved to a panel moderated by Professor C.S. Mohapatra of NCAER. He urged ongoing financial education, shifts in behavior, and building trust for inclusive growth.

S.K. Sharma from AMFI explained how mutual‑fund investments and systematic saving can boost women’s financial independence. Local officials—Rahul Raiya, SDM of Assandh (Karnal)—emphasized that district administrators are essential in helping SHGs access banking services. Meanwhile, former RBI deputy general manager Shailendra Nath Jha warned about digital fraud and the need for strong complaint‑handling systems.

The day ended with a certificate‑giving ceremony that honored participants and marked another milestone in IEPFA’s mission to make India’s citizens more financially literate and confident in their economic choices.

Source: ianslive


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