CA. Ranjeet Kumar Agarwal
Vice President, ICAI
Financial Literacy supports the pursuit of financial inclusion by empowering the citizens to make informed choices leading to their financial well-being. It is practically indispensable towards comprehending major economic decisions judiciously and implementing them in true sense for economic growth of the individual and the nation. In essence, having financial literacy is a necessary life skill that promotes stability, effective financial management, and decision-making. At present only around 27% of citizens are financially educated in India, as per reports. The ICAI’s Financial and Tax Literacy Drive represents our efforts as a partner in nation building and is dedicated towards promoting financial literacy among the general population and various sections of society. I am sure that this drive shall be more pervasive this year.