The aim of the Yogi government is not only to make the youth of the state skilled and connect them with employment, but by expanding the scope of its priorities, it is also a priority to make the youth economically strong, aware and ready citizens for the challenges of the future. Putting this vision of Chief Minister Yogi on the ground, an MOU was signed between Uttar Pradesh Skill Development Mission (UPSDM) and National Stock Exchange (NSE) on Friday.
On the initiative of Mission Director Pulkit Khare, for the first time skill training is being linked with financial education. Under this partnership, more than 1.5 lakh youth, who are getting training in more than 1000 training centers across the state under UPSDM and Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU GKY), will be given special training in financial skilling from next week.
Will get financial skilling training
Before the MOU, a Financial Literacy and Awareness Workshop was organized in the auditorium located at the Mission Headquarters, in which the departmental officers and employees were told the importance of financial awareness and economic decision-making ability. Mission Director was also present in the workshop. He said that in today’s era of online fraud, fake investment schemes and financial uncertainties, imparting financial education to the youth has become the biggest need of the hour. Keeping this in mind, we have decided to provide training in financial skilling.
Experts told 12 basic mantras of financial success
Through the presentation, NSE officials told the 12 basic mantras of financial success. He told that first save for your future. Spend as little as possible. Keep an emergency fund ready. Avoid taking loans at high interest, make regular investments. Keep diversity in investments. Understand risk and return. Invest considering tax. Get necessary insurance. Have long term assets and review investments from time to time.
Sarathi app will become digital financial guide for youth
In the workshop, employees were also told in detail about SaaRthi App. It is a useful digital platform designed for investment education, which provides users with investment educational videos, financial planning tools, calculators and financial health checkups.
Along with skills, economic understanding is also important
This MoU will bring a significant change in the lives of the youth of the state. Youth who get employment after skill training will not only earn income, but will also understand how to use the first salary properly, how to start budgeting and saving, when and where to invest, how to avoid unnecessary loans, how to prepare for future financial security. This will prove to be a historic step in taking the youth beyond employment to economic self-reliance through skills + financial intelligence.
Additional Mission Director Pooja Mishra, Joint Director Mayank Gangwar, Finance Controller Sandeep Kumar, Assistant Director MK Singh, Assistant Director Pavitra Tandon and other employees of the Mission were present in the workshop. At the same time, Chief Regulatory Officer Ankit Sharma from NSE, Vice President Joginder Singh and Senior Incharge of UP Region Shruti Sharma were also present in the workshop.
Pulkit Khare, Director of Uttar Pradesh Skill Development Mission, says that the real objective of skill development is incomplete unless our youth learn to use and manage their earnings properly. Today it is important to get employment, but it is even more important to be financially wise. This partnership with NSE will prepare the youth on the model of skill + financial intelligence, so that they can become not only job seekers but also financially capable and responsible citizens.
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