December 11, 2011, 12:00 am
CBSE Students may start learning financial literacy in schools, moral science is already starting from the next academic year.
The CBSE has agreed to include financial literacy programme as part of the curriculum," a finance ministry official told. The board has finalised the contours of the programme in association with the finance ministry and the financial regulators. The RBI, SEBI and CBDT had been separately working on financial literacy programmes targeted at different sets of individuals. Finance minister Pranab Mukherjee had stressed on the need for such education in schools at an RBI-OECD seminar on financial literacy when he said it was a prerequisite to financial inclusion. The minister had pointed out that the global economic meltdown happened partly because the ordinary citizens did not understand complex financial products, credit card debt or mortgages. "Financial markets now offer complex choices to consumers, but literacy is essential for consumers to make informed choices," Mukherjee had said.
The programme will aim at educating CBSE school children about such products without overly burdening their syllabi. It is designed in the form of modules that can include projects, quizzes, debates, essays and online tutorials to make it easier and interesting for the young students. It will highlight the pitfalls of financial investment, including financial products.
Educationists endorse the need for providing financial literacy content in school curriculum in an interesting way to make children financially responsible from a very early age. If this is part of elective learning then it will allow children to get a better understanding of expenditure, savings and globalization, said Ameeta Mulla Wattal, principal Springdales School, Delhi.
The lack of financial literacy has meant that most financial regulators are having to run campaigns to make investors aware of the intricacies of investments and protect them from frauds.
April 15, 2024, 4:51 pm
The wait for the Central Board of Secondary Education (CBSE) Class 10th and 12th results for 2024 is almost over! While the official release date hasn’t been announced yet, it’s expected to be anytime soon, possibly in the first week of M Read more...April 2, 2024, 6:15 pm
The Central Board of Secondary Education (CBSE) is closing the application window for the July 2024 edition of the Central Teacher Eligibility Test (CTET) today, April 2nd. This is the final opportunity for aspiring teachers to submit their applicati Read more...February 6, 2024, 3:36 pm
The wait is finally over! The Central Board of Secondary Education (CBSE) has released the admit cards for Class 10th and 12th board examinations on February 5th, 2024. This brings relief to thousands of students who have been eagerly awaiting their Read more...January 12, 2024, 8:35 pm
The Central Board of Secondary Education (CBSE) has released the long-awaited pre-admit cards for the Central Teacher Eligibility Test (CTET) January 2024 session. Candidates who registered for the January 21st exam can now download their cards from Read more...January 2, 2024, 9:17 pm
The CBSE will provide psychological counselling facility to students and parents from 1st January, 2024. The exam schedule for practical and theory papers has already been announced from 1st January, 2024 and 15th February, 2024 respectively. The psy Read more...December 13, 2023, 5:28 pm
The Central Board of Secondary Education (CBSE) has released the much-awaited CBSE Date Sheet 2024 for Class 10th and 12th board exams. The dates were announced on December 12, 2023, bringing relief to students who have been eagerly waiting to plan t Read more...November 23, 2023, 4:24 pm
The Central Board of Secondary Education (CBSE) has extended the last date for registration for the Central Teacher Eligibility Test (CTET) 2024. Candidates who have not yet applied can now register at ctet.nic.in until November 27, 2023. The CTET Read more...October 26, 2023, 5:41 pm
The Central Board of Secondary Education (CBSE) has extended the deadline for submission of registration data for Class 9 and Read more...October 25, 2023, 6:40 pm
The Central Board of Secondary Education (CBSE) is expected to release the datesheet for the Class 10 and Class 12 board exams 2024 soon. The datesheet 2024 will be available on the official CBSE website, cbse.gov.in. The CBSE has already announc Read more...October 25, 2023, 6:07 pm
The Department of Skill Education, CBSE is organizing a one-day Training Program on November 7, 2023 for the teachers teaching Information Technology (Sub. Code 802) as Skill Subject at Chitkara International School, Udyog Path, Sector 25, Chandigarh Read more...