In a speech in March 2010 (RBI-OECD Workshp) , the then Finance Minister of India, Pranab Mukherjee had said ” Financial literacy, and education, plays a crucial role in inclusion, inclusive growth and sustainable prosperity”.
Well, today the draft strategy is released which lays down the Vision, Mission, Goals, Strategic Actions and various stakeholders (RBI, SEBI, IRDA, PFRDA, MOF etc) who will be involved in this mammoth task.
Financial Education, being an important life skill, the strategy mentions of introducing the financial education as part of the school curricula.
The strategy seeks to create a financially aware and empowered and literate India.
The document strategy is here: National Strategy for Financial Education
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July 16, 2012 Financial Planning