Looking to the importance of financial literacy in India, Himachal Pradesh will be the first to start the courses for financial literacy. Himachal will be the first state in northern India to teach the topic.
Finance as we all know, plays a vital role in all areas of life. The main objective of this course is to make students understand savings and be aware of investments in the early stages of life. A two-day workshop will be arranged for the teachers regarding the course prior to the beginning of the basic course. As per principal secretary (education) Ali Raza Rizvi, The basic course would be started in 100 schools in Shimla and Solan districts from September in collaboration with National Stock Exchange (NSE).
It is decided that the course would be introduced for the students of class IX and X. The course will first be started on pilot basis then on actual basis. Out of the 100 schools, the course will be started in 60 schools of Shimla district and 40 schools of Solan.
In the end of the course, 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.
For the course material, a special study material had been designed by the NSE authority. NSE has provided it with a primary focus on educating children on stock market and giving them knowledge of investments.
NSE Vice President believes that handling money is very important for everyone and NSE puts efforts in making students aware of finance. The course would help in educating students on stock market and investments at school as learning their daily lessons.