Financial Education : Compulsory for Indian Children

Financial Education : Compulsory for Indian Children

0 have signed. Let’s get to 200!
At 200 signatures, this petition is more likely to be featured in recommendations!
Shashwat Singh started this petition to CISCE and

It is necessary to educate Indian children financially. India today is described as an economy with potential, one which is driven by its youth even as the rest of the world is ageing. Yet, millions of Indian children don't receive proper financial education which is crucial for them to succeed in a nation of opportunity. With financial education, they can become prudent investors, contribute to the GDP, better understand the consequences of real-world actions on the economy and the impact of the same, and help India fulfil its potential, which rests on their shoulders.

Currently, economics or commerce is offered as an optional subject in some schools, whereas there is a need for compulsory education in finance and in handling money, which will also serve as practical knowledge needed in the present world.

I am not in favor of unduly increasing the syllabus for students. Just like a number of students are exposed to mental health issues through mental health classes and school counselors, it is necessary for students to be exposed to facets of personal finance as well as the economy. Thus, I would advocate the early introduction of classes on this topic to increase financial literacy. Parents, students, teachers and education boards also have to be more vocal and take action to ensure financial education reaches every Indian student. I urge the Education Minister of India, CBSE, CISCE and all State Boards to make Finance a mandatory subject to be taught in all schools from grades 6-12.

Previous generations went through an era when financial education was non-existent, and they struggled with money. Even today, many adults do not have a grasp on financial instruments and handling of risk. I am 14 years old now, and I want to ensure that no child in India, of whatever section of society, ever has to suffer financially in the future, simply because they did not receive the tools they needed.

0 have signed. Let’s get to 200!
At 200 signatures, this petition is more likely to be featured in recommendations!