BSF wants to train jawans to be crorepatis

NEW DELHI: They are experts at spotting infiltrators and terrorists, but soon India's border guarding force will also learn to spot the best bargains in Dalal Street. With the aim of making its jawans "crorepatis by the time they retire", the BSF is teaching them how to invest in the stock markets.
The director general of Border Security Force K K Sharma feels that if the jawans, who usually don't have time to think beyond securing the nation, invest at least Rs 500 every month in index funds online, they may end up making Rs 4 crore in savings by the end of their retirement.
Sharma, speaking at the annual press conference, said that the 2.5 lakh strong force is running a special financial literacy programme for its troops with the help of a financial expert Varun Malhotra.
"We are trying to inculcate the habit of savings in our personnel. This programme is to educate them to have maximum returns on the savings," Sharma said.