MORE THAN 60 SCHOOLS TO START FINANCIAL LITERACY COURSE IN NAGALAND - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, May 11, 2016

MORE THAN 60 SCHOOLS TO START FINANCIAL LITERACY COURSE IN NAGALAND

MORE THAN 60 SCHOOLS (COVERING 5000 STUDENTS) TO START FINANCIAL LITERACY COURSE IN NAGALAND
 
NSE AND NBSE JOIN HANDS TO SPREAD FINANCIAL LITERACY
KOHIMA: 

 The leading stock exchange in the country, The National Stock Exchange of India Limited (NSE) and the Nagaland Board of Secondary Education (NBSE) are launching Financial Literacy Course for the students of Class IX from the current academic year in Nagaland.

More than 60 schools under NBSE have registered with the Board to make the course compulsory for all students of class IX. As of now, 5150 students have registered for the course already.




NSE has already conducted a teachers training program at NBSE, Kohima on 5th & 6th Feb’16 for the schools taking up this course.

The curriculum will cover income & expenditure, importance of savings, elementary knowledge about banking system, basics of financial planning, money management, setting financial goals etc. Students will have to complete the course within a maximum time of 25 hours. The objective of this initiative is to help students grow the habit of savings from young ages and to develop financial and investment capabilities. This initiative is unique because it helps to build a necessary life skill in the young minds and prepare them for the future even before they begin their professional career.

Mr. Yitachu, Hon’ble Minister of School Education and SCERT said, "We need to take such programs to rural areas so that urban and rural divide is bridged faster." He however could not attend the program due to some unavoidable circumstances but met the NSE delegation before the event.

Ms Chitra Ramkrishna, MD & CEO, NSE said, "Such programs are helping students to develop a life skill. Finance is indeed a fundamental skill and such programs help to understand how to manage disposable income etc."

Mrs. Asano Sekhose, Chairman, Nagaland Board of School Education, Kohima, said, "The board will take initiatives to expand the reach of such programs." While speaking in the program, Mr F P Solo, Commissioner and Secretary, Education, Govt of Nagaland, said, "Judicious uses of individual savings can contribute to nation building. Such courses also open up career options."

Earlier, NSE had signed an MOU with NBSE in June 2014 to promote financial market related education among the youngsters through schools linked to NBSE. The FMM program was launched then for the students of class XI & XII.

About The National Stock Exchange of India (NSE):

In its 20 years of existence, NSE has transformed the capital market, based on technology, innovation, high standards of corporate governance and management practices. NSE's business practices and high level of integrity have earned it the trust of the financial markets worldwide. Besides being a platform of choice for all exchange traded financial products in India, NSE's flagship index, Nifty50 is used extensively by investors in India and around the world as a barometer of the Indian capital markets. Since inception, the exchange has been covered extensively by global media and has won many accolades in recognition of its contribution in reforming the Indian securities market. For more information, please visit: www.nseindia.com 

For more details, contact:
Arindam Saha | Head - Corporate Communications
Mobile: 09930019202 | 09903036100
Direct: 022 – 2659 8164

Twitter: @NSEIndia 
MORE THAN 60 SCHOOLS TO START FINANCIAL LITERACY COURSE IN NAGALAND Reviewed by S. Chitra on May 11, 2016 Rating: 5 MORE THAN 60 SCHOOLS (COVERING 5000 STUDENTS) TO START FINANCIAL LITERACY COURSE IN NAGALAND   NSE AND NBSE JOIN HANDS TO SPREAD FINANC...

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