Shillong, Aug 1: Pankaj Kumar Rasgania, Superintendent of Police, Cyber Meghalaya, emphasised the importance of financial literacy and cyber awareness in today’s digital age.
Rasgania was speaking at the Financial Literacy programme, titled ‘Arthsutra Samvad’ in Shillong, organized by Bajaj Finance.
He warned citizens about the risks of cyber fraud, highlighting that it can strike anyone, and stressed the need for caution when interacting with digital platforms.
Rasgania advised people to verify every digital interaction, install only trusted apps, and be aware of common scams like digital arrests, WhatsApp hacking, and investment frauds.
He also stressed the importance of timely reporting of suspicious activities via helpline 1930, the NCRP portal, or nearby police stations during the critical ‘Golden Hour’.
Addressing the media, Dr. Utpal Kumar De, Professor, Department of Economics, North-Eastern Hill University, said, “Gone are the days when poor or middle-income individuals, especially in rural areas, used to keep their monetary savings under mattresses or in hidden pots for security or precautionary purposes.”
De said that such practices no longer preserve the value of money.
According to him, in today’s digital era, banking services offer secure and efficient avenues for growing one’s hard-earned income.
He said that to safeguard their future against unforeseen circumstances, people should access insurance services provided by legally recognised financial institutions.
“Proper budgeting is essential for spending wisely and securing a better financial future. Furthermore, financial literacy empowers individuals to make informed decisions, grow personal wealth, and contribute meaningfully to the country’s economic development,” he added.
Lajiedlang Basaiawmoit, District Mission Manager at the Meghalaya State Rural Livelihoods Society, East Khasi Hills, highlighted various government programs aimed at empowering rural communities.
Basaiawmoit said, “The Livelihood Program helps people learn smart ways to manage their money. It teaches them how to save, budget, and use banks and insurance to protect their future. When people understand their finances, they can make better choices and build a more secure life for themselves and their families.”
