BANGALORE; Karnataka govt inks MoU with NAL for financial education course - The Karnataka government and National Stock Exchange Academy Limited (NAL) have signed a memorandum of understanding (MOU) to offer second-year financial education and investment awareness courses to state college students.
According to a statement released by his office on Tuesday, the memorandum of understanding was signed by the Karnataka State Higher Education Council (KSHEC) and NSE Academy Limited (NAL) in the presence of Minister for Higher Education C N Ashwath Narayan. It claimed that every year, the scheme will help almost five lakh children.
The course, which would begin in the second year of study, is likely to provide students, whichever academic path they choose, with solid financial understanding and financial management abilities, the minister said.
He said, the universities must include the course in their curricula. Around 5 lakh students will gain from the course each year, starting with the current academic year. The course seeks to increase students' financial savvy, investment understanding, and saving and investing avenues .
Through statewide "Train the Trainer" programmes, the NSE Academy will provide college teachers with the skills needed to facilitate learning, according to Narayan.
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