FINANCIAL LITERACY
FINANCIAL LITERACY
Financial Literacy, the most important life skill required to live a comfortable life, is the cognitive understanding of financial components and skills such as budgeting, investing, borrowing, taxation, and personal financial management.
This is an initiative of the NCFE to provide unbiased financial education in schools for improving financial literacy which is an important life skill for the holistic development of each student. The program is based on two pillars; education and awareness and aims to establish a sustainable financial literacy campaign that will empower an entire generation. The absence of such skills is referred to as being financially illiterate. JPS has affiliated itself with NCFE to provide Financial Literacy as part of Skill Education from Grade 6 to Grade 10 students, an initiative under CBSE.
National Centre for Financial Education (NCFE) is promoted by Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI) and Pension Fund Regulatory and Development Authority (PFRDA).
