BMC ties up with Bombay Stock Exchange to give extra lessons on banking, stock exchange to kids

Students at civic-run schools are now set to get lessons about banking and stock exchange. The move comes as part of the BMC's Financial Literacy Programme which will introduce lessons on finances, banking, etc for Stds VIII and IX from the 2022-23 academic year. In a bid to facilitate these classes, the civic body has tied up with the Bombay Stock Exchange (BSE) Institute to train the school teachers.

The BMC has, with the help of experts from the BSE institute, also put together two books designed for Std VIII and IX. Confirming the development, Joint Municipal Commissioner (Education I/C) Ajit Kumbhar said, "To make this Financial Literacy Programme a success, we got together experts from BSE and officials from BMC having a strong background in finance and economics to design and devise the curriculum which will be parallel to their regular curriculum."

The plan to introduce courses on financial literacy in civic-run schools was first mooted in February this year. Representation pic

Throwing more light on the initiative, Kumbhar said, "This will help our students to have a basic knowledge of the topics and plan their next step towards higher education. Starting next week, the first phase of teacher training will begin. In the first phase, we have shortlisted 100 teachers who have some basic knowledge of stocks, trade, banking etc to be trained by experts and educators from the BSE Institute."

The idea was first mooted by Environment and Tourism Minister Aaditya Thackeray in February this year during his visit to BSE. "Our government will work on financial literacy in BMC schools and will bring mobile financial literacy vans to go to schools across Maharashtra. I discussed with Ashish Chauhan ji (MD and CEO of BSE) the possibility of initiating financial literacy classes in schools across Maharashtra," Thackeray had tweeted then.

100
No. of teachers to get trained in the first phase