Himachal students to learn financial literacy from NSE

The National Stock Exchange (NSE) has entered into a partnership with the Himachal Pradesh government to introduce a financial literacy course for high school students in the state.

The course would help make students financially aware at a young age and understand concepts such as savings and investments.

A two-day workshop and training programme for teachers and principals of schools was held in Shimla on Friday, to kick-start the initiative. It was inaugurated by Ali Raza Rizvi, principal secretary (education), Himachal government.

The workshop has been designed by National Stock Exchange to help teachers effectively teach the financial literacy course to students. A similar workshop will be held in Solan next week.

The course has been developed for Classes IX and X. It will be introduced on a pilot basis in about 100 schools in Shimla and Solan districts in the current academic session. It will be extended to 1,000 schools in the next academic session.

As a part of this course, students will learn about income, expenses, importance of savings, banking, basics of financial planning, investing, money management and setting financial goals.

The objective of the initiative is to help students develop the habit of saving from a young age and to develop financial and investment capabilities.