EMN
Dimapur, May 6
Nagaland Board of School Education (NBSE), in collaboration with the National Stock Exchange of India (NSE), decided to launch Financial Literacy Programme (FLP) for the students of Class IX as a pilot programme in selected schools in Kohima, Dimapur and Mokokchung districts. The financial literacy programme is not a part of the NBSE syllabus and would not be assessed through the Boards examination. It is an additional activity within the school’s programme.
The economic growth of a country is largely affected by the financial literacy of the citizens. India has below 2% investors. Therefore, in order to educate the young generation on the financial aspects, National Stock Exchange of India (NSE) proposed Nagaland Board of School Education (NBSE) for introducing Financial Markets Management course in the higher secondary level in Nagaland. Subsequently, the Board and NSE conducted an interactive meeting with the institution and after getting a positive response from the institution, the Board signed a Memorandum of Understanding (MOU) with NSE.
With the introduction of the course, three schools namely Model Higher Secondary School, Kohima; Pranab Vidyapith Higher Secondary School, Dimapur; and St. Francis De Sales Higher Secondary School, Medziphema offered the course to the students from the academic session 2014. The first batch comprising 68 students have appeared their HSSLC and NCFM Examination in 2016 where 65 students have passed HSSLC and the result of the NCFM examination is still awaited.
It may be mentioned here that in 2015, NSE placed a proposal to the Board for introduction of Financial Literacy Programme in Class IX. The Board had strong feeling that financial literacy should be inculcated to students at a younger age. It was found necessary in today’s context to instill an important life skill in the young minds and prepare them for the future.
NBSE chairman, Asano Sekhose said, presently, 60 schools with 5,153 students have enrolled for the programme. Out of the 60 schools, 4 are Government schools.
The curriculum comprises of 25 periods of 45 minutes each. On completion, the students would appear an offline examination for the paper. A joint certificate would be issued to the successful candidates.
