Sunday 12 July 2020

Live National Webinar organized by P.G. Department of Commerce and Management at HMV

The P.G. Department of Commerce and Management of Hans Raj Mahila Maha Vidyalaya Jalandhar organized a National webinar, under the aegis of IQAC, “Strategies for Managing Personal Finance including Mutual Funds: During and After COVID-19” in collaboration with Association of Mutual Funds in India (under the mandate of SEBI). Co-ordinator of the webinar Mrs. Binoo Gupta welcomed all the resource persons and participants. She said that COVID-19 has brought uncertainty in the current market situation and the effects of economic consequences of the crisis are unknown. Only financial knowledge can help people better manage their finances in these times of hardship. Principal Prof. Dr. Mrs. Ajay Sareen welcomed the resource persons and congratulated the organizers for choosing a topic which was very relevant in the current scenario. Sh. Surya Kant Sharma, Sr. Consultant North India AMFI, acted as Keynote Speaker. He talked about various investment options which provide short term liquidity to meet the current needs along with better returns than keeping funds idle in saving accounts. He also discussed EEE Schemes, investment options with high returns, first cheque celebration policy, last cheque celebration policy, various post office schemes and mutual funds. He also discussed about the importance of health insurance plans in the current scenario and special schemes for girl child and senior citizens too. Sh. Ankur Mittal, Assistant Vice President Northern Regional Head, NSDL was invited as guest speaker. He articulated on securities, types of securities, opening of Demat Account and also stressed upon choosing upon depository participant carefully. The technical session was followed by answering the various querries of webinar participants. This National Webinar received an overwhelming response with 676 participants registering not only from all states of India but also from abroad, Nepal and Indonesia. Head of P.G. Department of Commerce and Management and IQAC Co-ordinator Dr. Kanwaldeep Kaur, proposed a vote of thanks by saying a positive note that the crisis will surely end and also quoted world renowned Warren Buffet words that Don’t save what is left after spending instead spend what is left after saving. The webinar was attended by students, teachers, faculty, research scholars, senior citizens, businessmen and others through Webex and HMV Facebook official page.