Sahara's of the world continue to defraud people with aplomb. Collecting Rs 24,000 Cr ( twenty four thousand crore) is no small thing. They claim this amount has been collected from 30 million individual investors. Which means so many people have lost their hard earned money.
A strong financial literacy program at the grass roots is required so that not only we create earning capacity but capability to save as well.
Being a Banker I feel extremely sad that I have till now not made any difference in this area despite feeling so strongly about it.
