In a significant step towards promoting financial awareness and inclusion in remote areas, the Crisil Foundation, empaneled by the Reserve Bank of India (RBI), NABARD, and State Bank of India (SBI) to implement the Moneywise Centre for Financial Literacy (CFL) Project, organized a weeklong series of Financial Literacy and Inclusion Camps across the Diskit, Panamik, and Turtuk blocks of Nubra Valley.

The initiative was carried out in collaboration with the Ladakh Rural Livelihood Mission (LRLM) to reach communities with limited access to financial institutions and information about government flagship schemes.

These camps focused on educating rural populations about, Social security schemes, Basic banking concepts, Budgeting and digital payment systems, Cyber fraud prevention, Self-employment and credit schemes such as PMEGP, NRLM, KCC, MUDRA loans and the role of the Micro and Banking Ombudsman

Special attention was given to empowering Self-Help Groups (SHGs) through financial education and strengthening their understanding of credit linkages facilitated by LRLM, aiming to extend financial inclusion to every segment of society.

Regional Managers of the CFL project from Crisil Foundation emphasized the increasing importance of financial literacy in the face of rising cyber threats, urging individuals to protect themselves through knowledge and awareness in today's evolving financial landscape.

The camps were coordinated by CFL Diskit in collaboration with LRLM officials, ensuring broad outreach in rural communities.

DPM LRLM Leh, Asiya Tabasum, played a key role in mobilizing support, working alongside BPM Diskit, Shahida Bano, MIS Officer,  Zomskit, and RDD officials to make the camps a success across Nubra.