Bhubaneswar : Shri R. K. Dash, Director (Finance) at Garden Reach Shipbuilders & Engineers Ltd. (GRSE), is a seasoned financial professional with over 35 years of experience across industries. Known for his innovative ideas and transformative financial strategies, he has played a significant role in improving the financial health of several organizations.
In an insightful conversation, Shri Dash emphasized the vital importance of financial literacy not just for corporates, but for individuals and small businesses as well. According to him, while our academic curriculum covers subjects like history, geography, science, and math, it often neglects a skill that impacts every aspect of daily life—managing personal finances.
“Lack of financial knowledge often leads to monetary problems, which directly affect basic needs such as food, shelter, education, and healthcare. Financial literacy is not a luxury, it’s a necessity,” he said.
Explaining the concept in simple terms, Shri Dash compared financial literacy to general literacy. “Just like literacy enables one to read and write, financial literacy enables a person to manage money wisely—planning, saving, spending carefully, and investing. It helps individuals make informed financial decisions that lead to a more secure life,” he explained.
