Odisha Signs MoU to Introduce Financial Literacy in PM SHRI Schools

Bhubaneswar: Strengthening its focus on practical and future-ready education, the Odisha government has partnered with key institutions to roll out financial literacy education for students of Classes VI to X in PM SHRI Schools across the state.

The initiative was formalised through a Memorandum of Understanding between the National Centre for Financial Education and the Panchasakha Shikhya Setu Sangathan, covering 736 schools across all 30 districts. The programme aligns with the vision of the National Education Policy 2020 to integrate life skills into mainstream education.

The MoU was signed in the presence of N. Thirumala Naik, Commissioner-cum-Secretary of the School and Mass Education Department, along with Ananya Das and Alok Chandra Jena.

As part of the programme, students will be introduced to core financial concepts including savings, budgeting, banking, investments, taxation, and responsible money management. Officials said the initiative aims to equip students with essential life skills and improve their ability to make informed financial decisions from an early age.

The programme will also focus on nurturing entrepreneurial thinking among students, helping them better understand financial planning and real-world economic responsibilities.

To ensure effective classroom delivery, teachers will receive specialised training in financial literacy. In addition, selected institutions will be recognised as “Money Smart Schools” by the National Centre for Financial Education.