'It's all about Money Management when it comes to Financial Literacy'- Ashish Agrawal

On the occasion of Kisan Diwas, the Indian Council of Agricultural Research celebrates ‘Jai Kisan Jai Vigyan’ Week from 23 December to 29 December every year to commemorate the birth anniversary of former Prime Minister Atal Bihari Vajpayee and Late Chaudhary Charan Singh. The celebration is being held in honor of their significant contribution to promoting the use of science for the benefit of farmers. 

This year, Krishi Jagran is also organizing various webinars and events during the Jai Kisan Jai Vigyan Week from 23-29 December 2021. 

On the second day of the ‘Jai Kisan Jai Vigyan’ week, i.e. December 24, Krishi Jagran organized a webinar on financial literacy among farmers. This session was moderated by MC Dominic, Founder & Editor in Chief of Krishi Jagran and Agriculture World. 

Views Shared by Ashish Agrawal:

He began his address by thanking the entire Krishi Jagran team for organizing such a webinar and said that financial literacy is nothing but money management and is important to all especially those who have an irregular flow of income like farmers.  

He went on to cite that about 60 percent of a farmer's yearly income is usually spent on repayment of loans and their interest. This according to Ashish is due to a lot of uncertainties like the weather, market, Government policies, etc., which according to him could be properly mitigated if farmers use schemes like the Kisan credit card to actually help boost their production instead of using it for consumption. 

He concluded his speech by saying better management of finances and proper utilization of government schemes & subsidies is the only way for farmers to not fall into debt traps often. 

About Ashish Agrawal

• Ashish Agrawal is the President & Head of Bajaj Allianz General Insurance Co. Ltd. He has 11 years of managerial experience in project management and channel management in the general insurance sector.

• He has demonstrated abilities in team management and customer relationship management, as well as excellent interpersonal, communication, and organizational skills. He is specialized in channel development and management and direct sales team handling.