I am an advocate of financial literacy and strive to make it accessible to our youth. Through my experiences and interactions, I have seen the lack of financial knowledge profoundly impacting people's ability to manage their finances effectively. Educating our youth in schools will also help educate parents, bridging the generational gap in financial understanding. By making financial literacy mandatory, we can ensure all kids, even from low-income families, have the tools and resources to not only manage their money wisely but also to grow it.

Financial literacy is more than just understanding how to count money; it encompasses a wide range of skills including budgeting, saving, investing, understanding credit and loans, and being aware of frauds and scams. According to a report by the Reserve Bank of India, only 27% of the Indian population is financially literate. This statistic highlights the urgent need for structured financial education to be incorporated into the school curriculum.

Through my research among youth, I realized that most of them are confused about financial terms and investment instruments. In the past few years many institutions such as the NCFE ( a non-profit organization supported by the RBI, SEBI, IRDAI, and PFRDA,), SEBI and other private organizations such as Zerodha have initiated many programs for financial literacy but more than 80% of youth were unaware of these initiatives.

Incorporating financial literacy at a young age will empower students with essential life skills. It will help them make informed financial decisions, break the cycle of poverty, and contribute positively to the economy. Schools are the perfect platform to impart this knowledge, ensuring comprehensive and inclusive education for all.

We urge the Ministry of Education in India to consider this necessary step towards a financially educated nation. Implementing a standardized financial literacy curriculum across all schools in India can equip generations with knowledge that protects and strengthens their economic foundations.

By signing this petition, we take a pivotal step towards ensuring our youth are equipped with the financial knowledge they need to succeed. Please join us in making financial literacy a priority in Indian education.