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States may adopt RBI’s financial literacy programme for schools

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The Reserve Bank of India (RBI) along with other regulators has prepared a financial literacy programme for school education boards. All states except three have agreed to include it in their curriculum, an official said.

“If we could inculcate basic financial literacy in school education then that would be much better to expand financial literacy in the country,” stated Anil Kumar Sharma, Executive Director at RBI.

“We have developed a content in consultation with all the regulators which is being offered for inclusion in state education boards’ curriculum. And, as and when the curriculum is going for revision, the school boards will include it. So going forward, we will have this curriculum especially for classes 6-10,” Sharma said at Sa-Dhan National Conference on Financial Inclusion 2022 in New Delhi.

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