Tuesday, May 30, 2023

LFI College organises talk on importance of savings

DIMAPUR: Livingstone Foundation International (LFI) College, department of Commerce organised a talk on “The importance of Savings and Investments” at LFIS auditorium on Monday.
A press release from the college informed that during the programme, resource person, assistant manager, India Post Payments Bank, Sharon Losu stressed on the importance of savings and how many people were unaware of its role.
She said that most people looked for easy money and highlighted the sad reality of how the youth today spent more than what they could afford just to please their peers. This, she said led them to indulge in illegal or wrongful activities instead of planning on saving and investing.
She pointed out that the need of the hour was to start educating and creating awareness about saving and investment among the people. Saving is not easy, it requires great discipline and we need to prioritise our needs over our wants, she stated.
Meanwhile, resource person, marketing executive, department of Posts, L Imtikumzuk shared various saving and deposit avenues along with interest rates available for the public to invest.
He encouraged the participants to start saving and investing at an early age and shared its advantages by illustrating practical examples. The resource persons accompanied branch postmaster Vihokhu Village branch office, Merensoba and postman Dimapur MDG, Ajay Das.
The programme was attended by students, staff and faculty of LFI. The session was chaired by Icheel Khoirom (B.Com II semester), welcome address by head, department of Commerce, Imsulemla and vote of thanks was proposed by assistant professor, department of Commerce, Renemzungla Ao.

Don't Miss

Nagaland on development track under Modi-led BJP govt: Temjen

Nagaland minister and state BJP president Temjen Imna Along on Monday claimed that Nagaland was on the track of development and progress under the...

‘Large population an asset’: Moatoshi

Advisor of Labour, Employment & Skill Development and Excise, Moatoshi Longkumer, on Monday said there was a time when large population was considered a...

WDCCI information on ILP

Wokha District Chamber of Commerce & Industry (WDCCI) has informed all non-indigenous people engaged in business activities and all those skilled, unskilled labours including...

NCD, TSUD condemn vandalism of NSF office

Naga Council Dimapur (NCD) and Tenyimi Students’ Union Dimapur (TSUD) have condemned the act of vandalism of Naga Students’ Federation (NSF) office on May...

Kohima-Jessami road: KVC for resumption of works

Kikruma village council (KVC) Phek district has appealed to the NHIDCL, Project Management Unit (PMU)- Pfutsero to resume construction works and maintenance of Kohima-Jessami...

LOUs of LH-2 holds first coordination meeting

The first coordination meeting of Land Owners Unions of National Highways-2 was held at Sumi Community Hall, Majkong Ward, Mokokchung Town under the banner...

BSF Chedema and NSACS organise awareness programme on HIV & AIDS

In a joint effort, 37 Battalion BSF Chedema with Nagaland State AIDS Control Society (NSACS) organised an HIV and AIDS awareness programme on May...

Caught in a bind