Financial literacy
NSE signs MoU with Maharashtra govt and Moneybee Institute to raise financial awareness
National Stock of India (NSE) signed a tri-partite Memorandum of Understanding (MoU) with Maharashtra government's Higher and Technical Education department (HTED) and Moneybee Institute Pvt. Ltd.
The MoU aims to create awareness amongst the public about the various aspects of investing in the Capital Markets, provide relevant and practical knowledge to investors, enabling them to make informed investment decisions.
Maharashtra Dy Chief Minister Devendra Fadnavis said “Financial literacy is the need of the hour today. Maharashtra Government is going to try to make lakhs of people literate through the agreement made by NSE and Money Bee. Maharashtra being the first state, through this initiative will be guided to avoid cyber fraud, create awareness about ponzi schemes and how and where to invest. I congratulate NSE and Money Bee Institute for this initiative.”
NSE MD & CEO Ashishkumar Chauhan NSE commits to empower and equip investors with relevant information for better decision-making with this collaborative journey.
Director of Moneybee Institute Shivani Dani Wakhare said Maharashtra has become the first state to actively initiate the financial literacy campaign in such a concrete way.
"With leadership like Dy Chief Minister of Maharashtra, Devendra Fadnavis and NSE’s support, it will bring revolution & prevent citizens of Maharashtra from being duped,” she added.
Capital Markets play a crucial role in driving economic growth and it is important to promote education and awareness in the securities market for new, potential, and existing investors.
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