I M P L E M E N T I N G F O R F I N A N C I A L E D ... - RBI
7
IMPLEMENTING INDIA'S NATIONAL STRATEGY FOR FINANCIAL EDUCATION India-OECD Global Symposium on Financial Education 8-9 November | New Delhi Sandip Ghose, Director, NISM
Transcript of I M P L E M E N T I N G F O R F I N A N C I A L E D ... - RBI
IMPLEMENTING
INDIA'S NATIONAL STRATEGY FOR FINANCIAL EDUCATION
India-OECD Global Symposium on Financial Education8-9 November | New Delhi
Sandip Ghose, Director, NISM
NATIONAL STRATEGY
Sector specific Financial Education
Product specific Financial Education
Basic unbiased Financial Education
Delivered by financial sector regulators
Delivered by financial sector intermediaries
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NATIONAL CENTRE FOR FINANCIAL EDUCATION
NFLAT
MSSP
FETP
FACT
YOUTH FINANCIAL LITERACY
Financial literacy test for school students of
class 6 to 12. (540 thousand till date, another 300
thousand appearing this year)
Training and certification program for school teachers.
(Around 4500 Money Smart Teachers)
Voluntary adoption of financial literacy curriculum
by schools. (More than 350 schools with
50 thousand students)
Financial awareness program for graduate/post-
graduate students. (Recently lunched around
1000 students covered)
Nearly two-third of Indians are below the age of 35; half below 25.
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ARE INDIAN SCHOOL STUDENTS MONEY SMART?
0
20
40
60
80
Divisio
n
Infla
tion
T-Value
of M
oney
Compo
unding
Risk vs Ret
urn
Divers
ificat
ion
Around 35 thousand students data of class 9 and 10 (NFLAT). (Understanding financial literacy concepts)
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NCFE KIOSKS AND DIGITAL DISPLAYS
Installed at 100 locations across 5 states on pilot basis.
Core financial literacy messages, information about government schemes
and digital financial literacy.
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NCFE BOOKLETS AND WEBSITE
Financial education workbooks for school students of class 6
to 10 in both Hindi and English.
Financial education website in multiple regional languages
along with English.
Fundamental messages of financial literacy booklet series on
savings, loans, insurance, etc.
Financial literacy booklet for small and micro entrepreneurs and
startups.
Financial literacy booklet for adults (newly included
people) in multiple languages.
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FINANCIAL LITERACY
FINANCIAL FREEDOM
FINANCIAL INCLUSION
THANK YOU FOR LISTENING!!
NATIONAL CENTRE FOR FINANCIAL EDUCATION
Email: [email protected] | Phone: 022 6673 5100-03 | Website: www.ncfeindia.org
Facebook.com/ncfeindia | Youtube.com/ncfeindia | Twitter.com/ncfeindia
