The Reserve Bank of India (RBI) Gangtok, in collaboration with various stakeholders, convened a 'Face-to-Face Interaction' aimed at evaluating the progress and effectiveness of the Centre for Financial Literacy (CFL) project in Sikkim. The meeting, held on April 24, 2024, at the RBI Gangtok premises, brought together key participants including representatives from NABARD, SLBC, SBI, and CFL officials.

The event, chaired by Shri Kishore Pariyar, Regional Director of RBI Gangtok, served as a platform to review the achievements of the CFL project since its inception in November 2021. The initiative, undertaken in collaboration with CRISIL Foundation, has successfully established CFLs across 11 centres in two phases, covering all 33 blocks in the state.

During the interaction, Shri Goda Ravishankar, General Manager of RBI Gangtok, commended the efforts of all stakeholders and emphasized the crucial role of financial literacy in promoting financial inclusion and societal welfare. Ms. Maya Vengurlekar, Chief Operating Officer of CRISIL Foundation, expressed gratitude for the support and guidance provided by RBI Gangtok throughout the project's implementation.

The CFLs have played a pivotal role in organizing a total of 3537 financial literacy camps, reaching out to 43,745 individuals across 566 villages and 33 blocks in Sikkim. This highlights the significant impact of collaborative efforts in fostering financial awareness and education at the grassroots level.

In his concluding remarks, Shri Kishore Pariyar congratulated all stakeholders for their contributions towards advancing financial literacy in Sikkim through the CFL project. He emphasized the need to expand the reach and depth of digital financial services, underscoring the importance of continuous engagement and education through financial literacy camps.

The 'Face-to-Face Interaction' reaffirmed the collective commitment of stakeholders to further strengthen financial literacy initiatives in Sikkim and promote a financially inclusive society.

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