Financial Literacy

Financial literacy defines as “a combination of financial awareness, knowledge, skills, attitude and behaviors necessary to make sound financial decisions and ultimately achieve individual financial well-being.”

In recent years, financial literacy has increasingly risen as a key competency and area of focus in development practice. Keeping in view the critical need of financial literacy among students, AIF’s TEFES program aims to tap into this opportunity and build a standardized and scalable implementation model for financial education within government schools serving low-income families in association with Punjab ICT Education Society (Government of Punjab) in 200 schools across 10 districts of Punjab from 2014 to 2016 .

NFLAT:  With the Reserve Bank of India (RBI)’s recent inclusion of financial literacy in schools in its ‘National Strategy for Finan-cial Education’ and the Central board for Secondary Education (CBSE)’s to spread awareness in students announced NFLAT( Na-tional Financial Literacy Assessment test for the student’s of grade 8th to 10th.

Students registered for NFLAT: PUNJAB = 7802