GHSC-10 Organises Session on Financial Literacy
Government Home Science College, Chandigarh organised an insightful session on Financial Literacy for NSS Volunteers on Wednesday. The session aimed to spread awareness about smart financial planning, savings and investment among youth.
City Air News
Feb 18, 2026 08:05
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Chandigarh, February 18, 2026: Government Home Science College, Chandigarh organised an insightful session on Financial Literacy for NSS Volunteers on Wednesday. The session aimed to spread awareness about smart financial planning, savings and investment among youth.
The resource person for the session was Arun Punia from the Securities and Exchange Board of India (SEBI), Government of India. He delivered an engaging and informative lecture on the importance of managing personal finances wisely at an early stage of life.
During the session, Punia emphasized the importance of investment and explained that while money does not buy happiness, it certainly provides choices and financial security. He elaborated on the concept of “Need vs Want,” encouraging volunteers to differentiate between essential expenses and lifestyle desires to maintain financial discipline.
He further explained the impact of inflation, stating that the average inflation rate over the last 30 years has been approximately 6.5%, which reduces the purchasing power of money if it is not invested wisely.
The speaker also discussed various investment avenues such as Fixed Deposits (FDs) in banks and post offices, which generally provide returns ranging from 6% to 8%. He introduced students to equity-oriented mutual funds describing them as higher-return investment options that can help in long-term wealth creation, though they involve comparatively higher risk.
More than 120 NSS volunteers actively attended the session and interacted enthusiastically with the resource person making the session highly successful and informative.
Principal of the college, Prof. Sudha Katyal, applauded the efforts of the NSS Wing for organising such an enlightening session and encouraged students to apply the financial principles discussed in their daily lives. It The session concluded with a vote of thanks marking it as a meaningful initiative towards empowering students with essential financial knowledge.
