The Foundation held its first meet to form a Voluntary Experts Group to address specific issues like insurance, banking, capital markets, the Right to Information Act, financial literacy, senior citizens’ issues and property matters on Saturday, 11th June. This is part of Moneylife Foundation’s ongoing effort to empower citizens and spread financial literacy
A damp monsoon-hit Saturday seemed like the wrong day to start a new initiative for Moneylife Foundation—but happily, our voluntary experts began to come in almost 30 minutes ahead of schedule.
So over some sweet & piping hot tea and biscuits, the Voluntary Experts Group (VEG) got off to a bright and successful start. The age spectrum extended from the young and eager who came here to help, and to the wise and experienced who arrived to offer their guidance. In other words, people who attended were from the 20s to their 80s.
We had 21 voluntary experts from Mumbai along with all of Team Moneylife attending the weekend meet! After a round of introductions and views on issues to be discussed, the Group identified a few core areas that would be taken up on a priority basis this year. These were: insurance, banking, capital markets, the Right to Information Act, financial literacy, senior citizens’ issues and property matters.
Based on the feedback from the meeting, Moneylife Foundation will work on a code of ethics which will be circulated to all, to ensure Chinese Walls between the Foundation’s activities and the personal professional work of each member of the VEG.
After discussions, it was agreed that all VEG members would meet on the second Saturday of every month at 11am at the Moneylife Knowledge Centre at Shivaji Park, Mumbai, on specific subjects while core groups and sub-committees (which are in the process of being formed) can meet as per their convenience.
Detailed minutes of the meeting will be circulated to all the members and also posted on Moneylife Foundation's website at www.mlfoundation.in
We have received 60 odd offers to volunteer from around the country. We are very grateful for your support and will write to each one of you as soon as we figure out how to make best use of your offer to help investors.
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