Financial Literacy Programs In India - The Need Of The Hour
Financial Literacy CERE India from cere-india.org Financial Literacy Programs in India - The Need of the Hour What is Financial Literacy? Financial literacy is the ability to understand how to manage financial resources and make informed decisions. It includes understanding of financial products and services, such as banking, insurance, investments, taxation, and financial planning. The Need for Financial Literacy Programs in India The need for financial literacy in India is increasingly felt with the economic growth of the country. With the rise in the number of financial products and services, the need for financial literacy is even more pressing. India has a large population of people who lack basic financial knowledge and understanding. This lack of financial literacy has had a huge impact on the financial wellbeing of the population. Benefits of Financial Literacy Programs Financial Literacy Programs help individuals and families to become more financially secure. They help pe...