Press Information Bureau

Government of India

Ministry of Finance

07-December-2012 18:30 IST

Insurance Regulatory and Development Authority (IRDA) has informed that the Technical Group of the Sub Committee of the Financial Stability Development Council (FSDC) has framed the draft National Strategy on Financial Education in consultation with stakeholders. The action plan of National Strategy includes incorporating basic financial education up to senior secondary level by weaving financial education (which also includes insurance education) in the normal content of school curricula through CBSE/NCERT.

The Programme will be launched synchronising it with the CBSE curriculum.

This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Lok Sabha today.

****

DSM/RS/ka

Financial education integration: school curricula to include insurance literacy, synchronised with central board curriculum implementation. National regulatory action adopting a National Strategy on Financial Education focuses on integrating basic financial and insurance education into school education up to the senior secondary level by weaving financial education, including insurance literacy, into the normal curricula administered through central boards and synchronising programme launch with the CBSE curriculum.