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Himachal Pradesh to start financial literacy course for students

Himachal to start financial literacy course

Shimla, Sept 1: Himachal Pradesh will become the first state in northern India to start a basic course in financial literacy from next month.

The basic course would be started in 100 schools in Shimla and Solan districts from September in collaboration with National Stock Exchange (NSE), Principal Secretary (education) Ali Raza Rizvi said here while inaugurating a two-day workshop for teachers regarding the course.

"The main objective of the course is to make the students aware of savings and important aspects of investment in the early stages of their life," Rizvi said.

"The financial literacy course would be started in 60 schools of Shimla district and 40 schools of Solan and later the course would be extended to other government schools of the state on the basis of feedback from these schools," he said.

The course would be introduced for the students of class IX and X, on a pilot project basis, Rizwi said.

"As of now, teachers from the 100 schools of these two districts are being trained by the NSE experts so that they could disseminate information to the students," he said.

Rizwi said the school children would be provided joint certification by National Stock Exchange authority and Himachal School Education Board after the completion of course, which would also help them in getting job in financial sector.

Special study material had been designed by the NSE authority which primarily focuses on educating children on stock markets and giving them an insight into investment of surplus money in the market, he said.

NSE vice president Ravi Varanasi said that handling money was very important for everyone and the National Stock Exchange Authority was trying to introduce financial knowledge among student at very early age.

"The course would help in educating students on stock market and investments at school as learning their daily lessons," he said.


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