Na­tional Strat­egy for Fi­nan­cial Ed­u­ca­tion

Consumer Voice - - Project In Focus -

Un­der­stand­ing the need for fi­nan­cial ed­u­ca­tion, the Gov­ern­ment of In­dia re­leased a Na­tional Strat­egy for Fi­nan­cial Ed­u­ca­tion (NSFE) with ado­les­cents as a key seg­ment that must be in­cluded in fi­nan­cial­lit­er­acy projects on a high-pri­or­ity ba­sis. Prad­han Mantri Jan Dhan Yo­jana (PMJDY), launched in 2014, is an­other ini­tia­tive of the gov­ern­ment that prop­a­gates fi­nan­cial lit­er­acy as well as in­clu­sion by link­ing poor and marginal­ized com­mu­ni­ties with the bank­ing sec­tor.

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