Comments on: Setting Up a Financial Literacy Policy for India

By: Prasad

Prasad — Mon, 31 Aug 2009 12:04:11 +0000

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~Prasad

By: sumi

sumi — Thu, 27 Aug 2009 03:47:29 +0000

It will increase awareness for sure. Many people find it difficult to understand softwares and actually implement what they are reading, so a practical training will be beneficial.

By: Ranjan

Ranjan — Mon, 24 Aug 2009 08:04:43 +0000

@Sumi A friend mentioned that personal finance is very interesting and he has been following few basics of investment over the years. But he also mentioned that the kind of products that is on offer is a bit confusing.

So even though he reads up such posts, it doesn’t really help.

Would personal finance workshops at the workplace would have an impact?

By: sumi

sumi — Mon, 24 Aug 2009 07:13:05 +0000

The big question is how to get people to take financial literacy seriously. Any agent selling mutual funds and ULIPS can convince people to put exorbitant sums of money in their product but when you try to educate people to learn and take their own investment decisions there are so many hurdles. I hope people who read these posts wake up to it and take investing sensibly seriously !

By: Financial Literacy Efforts in India » Ranjan Varma's Blog

Financial Literacy Efforts in India » Ranjan Varma's Blog — Sat, 22 Aug 2009 07:13:35 +0000

[...] Manish Misra answers some of these questions through his blog post Financial Literacy should be made mandatoryto the question posed on my post on “Setting Up Financial Literacy Policy in India” [...]

By: Ranjan

Ranjan — Sat, 22 Aug 2009 06:01:39 +0000

@Manish Misra A big hurdle in spreading financial literacy is the understanding that which programs are useful. I mean, there is little research to point out the efficacy of general financial training programmes.

But, as you have pointed out, workshops and roadshows can provide a one to one training.

I’ve sent a email to you. Let’s connect.

By: Manish Misra

Manish Misra — Fri, 21 Aug 2009 22:21:55 +0000

Very true! Have tried to answer some of these questions through my blog post Financial Literacy should be made mandatory Look forward to know your inputs on it.