Financial literacy training for secondary students in Nagaland

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HT Correspondent

DIMAPUR, March 12: National Stock Exchange (NSE) Academy, a wholly owned subsidiary of India’s leading stock exchange NSE of India Limited (NSE), and the Nagaland Board of School Education (NBSE) have joined hands to impart financial literacy to secondary level students throughout Nagaland.

For the 2018 academic session, a training programme was conducted in two batches for Class X teachers and one batch for Class IX teachers from March 7 to 9, an official release said on Monday. As part of the initiative, NSE Academy conducts training of the teachers who then teach the course to the students of Class IX and X in NBSE registered schools.

During the training programme, NBSE chairman Asano Sekhose said today’s children need to know more about finance if they are to plan for their future financial goals. They must imbibe the value of practical saving aspects and also enhance their investment capabilities if they are to be successful, Sekhose said while encouraging the teachers to take this task of making our children financially literate.

From the 2017 session, the NBSE had made NSE academy’s Financial Literacy course compulsory for the students of Class IX, for all higher secondary schools under the board. The course is further extended to Class X in 2018 session.

The Financial Literacy course called Concepts of Financial Literacy has been designed by NSE Academy and will help in familiarizing students about the basics of Finance and Financial Planning.

Altogether 204 teachers from different schools registered with the NBSE have been trained at the board’s office in Kohima this time by NSE Academy faculty Malhaar Majumdar. The resource person dwelled on financial planning, investments, modern day banking, borrowing, financial markets, mutual funds, etc. The basics of economics were also taken up during the training. It is expected that more than 30,000 students will enroll for this course in 2018.

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