How to segregate wet waste and save Mumbai’s environment
Following the recent fire at Deonar, the BrihanMumbai Municipal Corporation (BMC) has decided to make waste segregation compulsory. To familiarise this concept to our members, Moneylife Foundation held a special session with Jyoti Mhapsekar of Stree Mukti Sanghatana and Ashok Yamgar, Deputy Chief Engineer for Solid Waste Management (operations), of the BMC. Ms Mhapsekar spoke…
Make the Government Work for You: Use Act 21 of 2006
That our government does not function for the benefit of the people always is a common refrain; it is a topic of discussion at every dinner table. But now citizens have a means. According to Shailesh Gandhi, a former central information commissioner, citizens have a great tool in hand, known as the Act 21 of…
Basic financial literacy session for students from Magic Bus & Bombay Community Public Trust
Moneylife Foundation conducts a basic financial literacy session for students from NGOs – Magic Bus & Bombay Community Public Trust. The first session was conducted by Sucheta Dalal, managing editor of Moneylife and founder-trustee of Moneylife Foundation. She pointed out to the students as to how one can avoid financial mistakes so that they do…
Ensuring Safe Transactions: Mobile, Internet, ATMs, Ecommerce
“Online transactions and shopping through mobile or personal computer (PC) or laptop are fast becoming way of life. No doubt it makes like easy. However, if you want to take advantage of technology, you need to follow certain rules,” said Yogesh Sapkale, Deputy Editor of Moneylife. He was speaking on “How to be Safe &…
BMC Budget: Only outlays and not outcomes
The Budget of Municipal Corporation of Greater Mumbai (MCGM) is more than that of several states of India. For FY2016-17, the BMC Budget at Rs37,052 crore is significantly higher, up from Rs33,514 crore in the previous year. However, this Budget has only outlays and does not define outcomes of the money spent or earmarked for…
BMC Budget: How citizen participation can increase accountability
The size of the Budget for Municipal Corporation of Greater Mumbai (MCGM) or BrihanMumbai Municipal Corp (BMC) is more than several states of India; in fact, it is the biggest and richest municipal corporation in Asia. The BMC budget for FY2016-17 is a whopping Rs37,052 crore, up from Rs33,514, previous year. What stands out in…
How to deal with Wills and intestate succession
“Often when a person dies-intestate, the legal heirs have to decide how to mutually distribute the assets of the deceased. Going to court is the least productive way. Negotiation is better and the courts are best approached only in case of a denial of one’s rights,” says Advocate Niraj Punmiya, a practitioner in the area…
Netbanking and ECS are safe. Use them to reduce effort and earn more
With technological advances in financial transactions like using internet banking facility or electronic clearing system (ECS), life has become much easier, provided you follow some basic rules and precautions, says Abhay Datar, a retired banker and consumer activist. He was speaking at Moneylife Foundation on “Understanding ECS, Direct Debits, Online Banking and ATM and what…
Protect your Family from Mobile Tower Radiation
Indian government and the authorities are silently killing gullible citizens with huge dose of radiations from mobile towers. Instead of patting themselves for using norms lower than what is prescribed by an international non-governmental organisation (NGO), they should cut down the power of radiation from such towers to save Indian citizens, say Prakash Munshi. He…
How Sindhutai converted every adversity into an achievement
“A mother can never be defeated. A woman can never be defeated. But she needs to keep her heart strong and learn to forgive,” says Sindhutai Sapkal, the social reformer and Mai (mother) to over 1050 orphans. She was speaking at the International Women’s Day celebrations organised by Moneylife Foundation with support from Magarpatta City…
Don’t break law, bend it for helping citizens, says Dr RC Sinha
“Do not break law, but you can bend it and if you do not have any malafide then the government will not take any action against you,” was the advice given by Dr RC Sinha to government officials. He was speaking at Moneylife Foundation’s 6th Anniversary in Mumbai on Saturday. Dr Sinha, Advisor to the…
Management students learn how to manage their money and invest smartly
Moneylife Foundation held a seminar on safe and smart investing for finance students of Guru Nanak Institute of Management Studies in Matunga. While most of the attendees, who are students of business administration and finance, would be expected to have a good grounding in matters of finance, there is little in a management education that…