Implement Financial Education as a Mandatory School Subject in India

The Issue

I am an Indian citizen and, like many others, I feel the impact of a vital missing component in our education system. Despite India being one of the fastest growing economies in the world, there is an alarming lack of financial education in our school curriculum. We are not teaching our youth about banking, stocks, bonds, and essential financial terms that they need in order to thrive in our economy.

According to the S&P Global FinLit Survey, only 24% of Indian adults are financially literate. This is far below the worldwide average of 33%. This gap in education forces many Indians to learn about important financial matters through trial and error, a process that can lead to financial instability and hardship. Additionally, our lack of financial education contributes to a significant gender gap, with only 17% of Indian women being financially literate.

We need to empower our youth, our future economic contributors, by equipping them with the knowledge they need to make smart financial decisions. Implementing compulsory financial education from an early age in schools across the country will ensure they are financially literate and ready for the future.

The economy of our nation is growing, and it's essential that our youth should grow with it. We urge the Indian Government and private educational authorities to recognize the importance of financial education and make it a compulsory subject in all schools across the country. Thereby, we can ensure that our future generation is equipped with the necessary tools to navigate the financial landscape. Please sign this petition to help bring this crucial change about.

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Ankush TiwariPetition Starter

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The Issue

I am an Indian citizen and, like many others, I feel the impact of a vital missing component in our education system. Despite India being one of the fastest growing economies in the world, there is an alarming lack of financial education in our school curriculum. We are not teaching our youth about banking, stocks, bonds, and essential financial terms that they need in order to thrive in our economy.

According to the S&P Global FinLit Survey, only 24% of Indian adults are financially literate. This is far below the worldwide average of 33%. This gap in education forces many Indians to learn about important financial matters through trial and error, a process that can lead to financial instability and hardship. Additionally, our lack of financial education contributes to a significant gender gap, with only 17% of Indian women being financially literate.

We need to empower our youth, our future economic contributors, by equipping them with the knowledge they need to make smart financial decisions. Implementing compulsory financial education from an early age in schools across the country will ensure they are financially literate and ready for the future.

The economy of our nation is growing, and it's essential that our youth should grow with it. We urge the Indian Government and private educational authorities to recognize the importance of financial education and make it a compulsory subject in all schools across the country. Thereby, we can ensure that our future generation is equipped with the necessary tools to navigate the financial landscape. Please sign this petition to help bring this crucial change about.

avatar of the starter
Ankush TiwariPetition Starter
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