(a) whether there is a proposal to include financial literacy in the curriculum of schools and colleges;
(b) if so, the details thereof;
(c) the time by which it is likely to be implemented; and
(d) the modalities worked out in this regard?
(a) whether there is a proposal to include financial literacy in the curriculum of schools and colleges;
(b) if so, the details thereof;
(c) the time by which it is likely to be implemented; and
(d) the modalities worked out in this regard?
MINISTER OF THE STATE IN THE MINISTRY OF HUMAN RESOURCE DEVELOPMENT (SMT. D. PURANDESWARI)
(a) to (d) The syllabi and textbooks in various subjects, prepared by National Council Educational Research
and Training in accordance with the National Curriculum Framework, 2005, incorporate components of financial
literacy at the elementary, secondary and senior secondary stages. Some examples are given below:
Sl. Class Subject Topic No.
1. IV Environment A sub-theme ‘Paying for Travel’ includes Science key concepts such as familiarity with currency notes and coins, etc.
2. VII Social and Unit 5 ‘Market around us’ focuses on Political discussing various typesof markets and Life their roles.
3. IX Economics The theme ‘The Economic Story of Palampore’incorporates various components of economic transactions in a village.
4. X Economics The theme ‘Money and Financial System’ includes role of money and creates awareness of the role of financial institutions in day-to-day life.
5. XII Economics The themes ‘Money and Banking’, ‘Government Budget and the Economy’ and ‘Balance of Payments’ deal with various dimensions of financial literacy.