BSF starts financial literacy programme for jawans
Border Security Force (BSF) personnel and their families will now get tips on investments and savings from experts. The force has started a programme on financial literacy for the families keeping in mind the issues they face in planning their finances, given that they spend most of their time guarding the frontiers.
The force has started the programme for the 2.5 lakh jawans who work for them to educate them on “how to take advantage of the growing economy and the capital market through investment in indexed equity options for long run benefits maximising on the power of compounding and tax-free regime”.
The programme has been initiated recently by Director General KK Sharma, wherein the personnel serving at the border can take wise financial decisions. BSF guards the Pakistan and Bangladesh borders, often facing a hostile environment on the Western Frontier.
“With lowering bank rates, inflation, and revised tax rates, the traditional bank-offered options need a rethinking. With this programme, the jawans are being taught to optimise their saving and investment returns in future,” said a senior BSF officer adding that the force is setting up financial literacy training camps across all the Border Out Posts (BOPs).
“Our jawans, who are committed to 24X7 …read more
