Market regulator Securities Exchange Board Of India (SEBI) has proposed the inclusion of additional finance related information and concepts surrounding capital markets, the curriculum of Schools.
For the same the SEBI stated that Central Board of Secondary Education (CBSE) and HRD ministry have been consulted for pitching the idea and proceed with the action. Both bodies replied they have received the idea and would give due consideration to the same.
SEBI endeavors to spread financial awareness and as a part of this initiative, starting from February 2011, SEBI has been inviting many students from schools, colleges and professional institutes who are willing to learn about the market regulator and its role.
It has conducted 139 such visits till date and the students arrive from various parts of the country enrolled in different courses, including management, commerce, banking, law, arts and science.
For its aim of spreading financial literacy among students, SEBI also initiated 'National Financial Literacy Assessment Test (NFLAT) which has been started in many schools already and is estimated to spread completely by August.
The test is part of Sebi's 'National Strategy for Financial Education' drafting, which was initiated in 2011-12 and has now been finalised.