Financial Education: Institutes of Higher Education as delivery channels
AbstractThe significance of financial education as a transformation agent in the financial inclusion agenda of the nation is undisputed in academic as well as practitioner’s circle. This paper discusses its impact on the financial well being of the people and further highlights the steps taken by various stakeholders to provide financial education with an objective of increasing the understanding of consumers about financial services. Even so, these interventions have got result which is less than desired. Given the gigantic task of providing financial education to a large section of a populous country like India, there is a need for committed participation of each stakeholder and a sustainable action plan in place. Through this paper, the authors argue that engaging institutes of higher education in the financial education drive will be a sustainable and cost effective strategy.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43336.
Date of creation: 28 Nov 2012
Date of revision:
Financial Education; Higher education Institutes; Financial Inclusion;
Find related papers by JEL classification:
- G2 - Financial Economics - - Financial Institutions and Services
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-01-07 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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