Published On: Tue, Feb 7th, 2012

U K Sinha: Draft National policy on financial education ready

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U K Sinha

U K Sinha, SEBI

Sebi chairman U K Sinha has said that the government and various sector regulators are working towards formulating a national policy on financial education and a draft of the project is ready.

He was speaking at the two-day Sebi-OECD International Conference on Investor Education held in Goa last week. Sinha also called upon the need for initiating financial education at school level.

Sinha also emphasised that investor grievance redressal should be a matter of priority and an effective grievance redressal mechanism should have features like uniformity, predictability and consistency.

On the question of financial education at school level, the Sebi Chairman said the Ministry of Human Resource Development(MHRD) is working on the plan along with various regulators for inclusion of financial education in school curriculum of Central Board of Secondary Education (CBSE).