DIMAPUR, May 10 - The National Stock Exchange of India Limited (NSE) and the Nagaland Board of Secondary Education (NBSE) today launched a Financial Literacy course for students of Class IX in Nagaland from the current academic year.
Over 60 schools under the NBSE will offer the course, which is mandatory for all students of class IX. As of now, 5,150 students have registered for the course.
The NSE had conducted a teacher training programme for the schools taking up this course at the NBSE in Kohima on February 5 and 6.
The curriculum will cover income and 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 the students inculcate the habit of savings from young age and to develop financial and investment capabilities. This initiative is unique because it helps build a necessary life skill in the young minds and prepare them for the future even before they begin their professional career.
Nagaland Minister of School Education and SCERT Yitachu said, �We need to take such programmes to rural areas so that the urban-rural divide is bridged faster.� He said this while meeting with NSE officials before the launch of the programme.
Addressing the programme, Chitra Ramkrishna, MD & CEO, NSE, said, �Such programmes are helping students develop a life skill.�