Visiting faculty - Latest News Update, Information, Photos & Videos on Visiting faculty at Lokmat Times

Inflation eats up your hard-earned money. You should save your capital. It is always a profitable deal to invest in a place that gives higher returns than inflation.Shanu Mehta, founder of 'Arth Sangini' NGO, told these tips to the newly appointed women constables in the webinar of Police Training College, Indore on Monday.She said that instead of keeping money in a savings account, making a fixed deposit or recurring deposit will give higher returns. If at present inflation rate is 6 percent, then you have to invest your capital in such a place where you will get more than 6 percent return only then you will save.On this occasion, Professor Himanshu Rai, Director, IIM, Indore said that one should always work in life with purpose and excellence. Shanu Mehta, Visiting Faculty at IIM, Indore said that the amount that can cover the expenses of 3 months should always be kept in the account as an emergency fund.Mehta said that the sooner you start investing, the more profit you will get. Never think that now I am very young why I should invest now. If someone saves 3 to 5 thousand rupees every month, then with the power of compounding, he can easily become a millionaire in 20 to 25 years.Mehta said that if you want to be financially independent then you have to take your own decisions. Along with investing, she also explained the entire process of budgeting. In this webinar Aruna Mohan Rao, Special DG Training, Anuradha Shankar, ADG Training, and SP Agam Jain, PTC also participated. More than 200 women constables got financial management training under this program.is an NGO engaged in the work of spreading economic literacy among women. This NGO is helping needy women in product sales through a network of collaborators.This story is provided by PNN.will not be responsible in any way for the content of this article. (ANI/PNN)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Visiting FacultyFOLLOW

Visiting faculty, Latest News

Business :'Arth Sangini' NGO taught financial management tips to women constables

Inflation eats up your hard-earned money. You should save your capital. It is always a profitable deal to invest in a place that gives higher returns than inflation. ...