K’taka Government Signs Memorandum of Understanding with NAL to Introduce Financial Education Course

The Udayavani team, July 13, 2022, 3:59 PM IST

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Bengaluru: The Government of Karnataka has signed a Memorandum of Understanding with the National Stock Exchange Academy Limited to offer a second-year financial education and investment awareness course for students in the state.

The Karnataka State Higher Education Council (KSHEC) and NSE Academy Limited (NAL) signed the MoU on Tuesday in the presence of CN Higher Education Minister Ashwath Narayan, according to a statement released by his office.

He said the program would benefit about five lakh students per year.

The course which would be introduced from the second year diploma is likely to equip students, regardless of the streams they choose, with the means to acquire solid financial knowledge and financial management skills, the minister said.

He said universities should incorporate the course into their curriculum. The course will benefit around 5 lakh students every year, starting from the current academic year itself.

The course aims to develop the savings and investment spirit, financial acumen and knowledge of investment opportunities in students.

The NSE Academy will impart the skills needed to facilitate learning to middle school teachers through statewide “train the trainer” programs, Narayan said.