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Nagpur: Maharashtra cabinet minister Aaditya Thackeray on Monday inaugurated the ‘Mission Financial Literacy Program and Book Unveiling’ at the Bombay Stock Exchange in Mumbai.

The Brihanmumbai Municipal Corporation (BMC) and Bombay Stock Exchange (BSE) have joined hands to curate a financial literacy course for classes 8 and 9. The main aim is to educate the students regarding financial literacy and will be taught finance topics like making money, optimal management of money by saving and understanding ways of maximizing returns on investment.

The course for students will be starting from the upcoming academic year. Students will also be taught to understand capital markets and dispel myths about investments. Junior Thackeray also unveiled the booklet on financial literacy during the event.

Thackeray said, “The very important aspects such as employment, entrepreneurship, fiscal empowerment of youth, and methods of saving money, and methods of maximising returns on investments will also be taught through the financial literacy mission. The importance of financial education or knowledge is at par with education.”

Managing director of BSE Abhishek Kumar Chauhan said, “It is essential we teach our kids important aspects of life, such as methods of making money, saving money, investing money, maximising returns on investment, and effective use of the money earned. The importance of savings needs to be taught as well. There is misinformation in this digital age regarding personal finance, and tools to identify and navigate through this information need to be imparted to children.”

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