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PFRDA

 

E-Learning Management System

The E-learning Course is offered free of charge to all the registered users. This course will give users a solid knowledge base on disseminating financial literacy, which helps to address demand-side barriers as this makes customers informed and enables better financial decision making and ultimately financial wellbeing.

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Money and Transaction

Financial Planning

Financial Safety Nets and Insurance

Balancing Risk and Rewards

Investment

Retirement Planning

Regulation and Consumer Protection

*Sample modules are given here. To access the complete 20 modules, register today at our e-LMS portal.

Our Programmes

Financial Education Programme for Adults (FEPA)

The Financial Education Programme for Adults (FEPA) was launched by the NCFE in the month of September 2019. FEPA is a Financial Literacy Programme designed and implemented to spread financial awareness among the adult population such as Farmers, Women groups, Asha Workers, Anganwadi Workers, Self Help Groups, Employees of Organization, Skill Development Trainees etc., This programme is conducted in line with the targets of National Strategy for Financial Education and the focus have been given to Special Focused Districts (SFDs). This programme expects to substantially contribute to NCFE’s vision of a “Financially aware and empowered India”.

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Financial Education Training Programme (FETP)

FETP is an initiative of the NCFE for providing unbiased personal financial education to people and organizations for improving financial literacy in the country. NCFE has been conducting FETP for school-teachers, who are teaching students in classes 6 to 10 across India. The program, based on two pillars; education and awareness, aims to establish a sustainable financial literacy campaign that can empower people’s lives. After completion of the training, these teachers would be certified as ‘Money Smart Teachers’ and would facilitate the conduct of financial education classes in schools and encourage students to obtain basic financial skills.

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Financial Awareness and Consumer Training (FACT)

Globally, youth are becoming financial consumers earlier in their lives than ever before and making financial decisions (credit cards, education loans) that can have lasting consequences, if not well managed.

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Money Smart School Program (MSSP)

This is an initiative of the NCFE to provide unbiased financial education in schools for improving financial literacy which is an important life skill for the holistic development of each student. The program is based on two pillars; education and awareness and aims to establish a sustainable financial literacy campaign that will empower an entire generation.

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National Financial Literacy Assessment Test

Financial literacy is a core life skill that focuses on knowledge, behaviour and attitude required to make responsible money management decisions. In 2005, the OECD recommended that financial education start as early as possible and be taught in schools.

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NCFE

- Chetna Kumre

Maharashtra

A Little Awareness Goes a Long Way

Chetna Kumre is resident of Sitatola village. This village has sent percent primitive tribes (Madia-gond) population. Chetna Kumre is Chairperson of Mahavaishavi Mahila Bachat Gat in the village itself. She runs a small grocery shop at the porch of her small house. There is village around Sitatola. At the distance of 2 Km is the village with the population of 19 houses called Ghotevihir and at the distance of 4 Km there is Jambhli village of 80 houses. Her grocery shop is run on the trust of the citizens of these villages only.

In January of this year, a certified Financial education trainer, conducted a financial education program for women in Self Help Groups on behalf of National Centre for Financial Education (NCFE). Members of SHGs of Sitatola and Ghotevihir were attended this program. During the event, I came to know about ponzi schemes. I was able to understand the hidden agenda of private companies behind giving very high rate of interest in a short of time. Also, it helped me to understand the modus of operendi adopted by the private companies to acquire the attraction of common people.

A few days later a 55 year old tribal man from the same village was asked by an agent to get double money against his investment in just three years. He gave Offer to the villagers to sell out his half an acre land and he will receive two lakh fifty thousand rupees, If he invest all that amount, he will get five lakh rupees in just three years. He said he could purchase the big land and also use the remaining amount for her daughters plan the career of the daughter who is studying 12th standerd. For this purpose agent found the customer also, for purchasing his land.

When I got to know this information, I explained him the risks involved in such transactions, based on the information what I acquired during financial education program. I showed the training module to him and explain how the companies cheat with common peoples by showing attractive rate of interest. I asked question, if government is not able to provide this kind of high rate of interest, how can any private companies give this in very short period.

Following all the informtion said by me, the man cancelled a possible land sale deal and refused to make such an investment to the agent. I called the trainer and said that guidance he had given during NCFE workshop had averted a financial calamities on a poor tribal family.

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