Pranab Mukherji, Finance Minister in his inaugural address during India’s first RupeeCamp declared the month of April as the financial fitness month. He also instructed all Regulators to stop all financial education initiatives as he described them as a national waste of time and energy.
Mr Mukherji will also submit a draft policy on financial fitness soon and he gave away some key features of the policy during the inauguration. They are:
- All employees have to submit a certificate of attendance for RupeeCamp in order to get any employee benefits apart from their basic salary.
- Those who do not attend RupeeCamp will have to attend a week long course conducted by eminent personalities like Rakhi Sawant, Barkha Dutt, SreeSanth, Himesh Reshamiya.
- All financial education initiatives by regulators will be stopped and replaced by games to be developed in association with Walt Disney Inc.
He could not give more details as he did not have the permission of the high command.
Anyway, looks exciting, no!
Update: Looks like the call from the Ministry of Finance was a hoax call and was successful in making me a Fool!! Happy Fools Day!