Pune, Maharashtra, India:
The Lexicon International Schools are amongst India’s first colleges to deal with monetary literacy and introduce it of their curriculum. The progressive method in the direction of schooling is one other win-win for everybody. A step to inculcate, this manner of matters wants a imaginative and prescient of the future and, it’s completely, forecasted by The President of Lexicon Group of Institutes, Mr. Pankaj Sharma.
Digital type of cash was launched manner again in the decade, with its personal execs and cons. Different purposes, like Phone-pe, Google Pay, UPI, NEFT and so forth, had been into existence for a widely known interval. The solely factor, that stopped customers from utilising these platforms and companies with consolation was monetary illiteracy. More to that, the know-how superior too quick, too quickly, resulting in no time-space for adapting to those new choices accessible for banking or monetary utilization.
The intervention of these platforms and companies arose throughout the interval of Covid-19. A pandemic that restricted touching something, ready residents, starting from children to outdated technology, to work together with digital platforms and made it a behavior, that now appears irreversible. The ease of accessing every little thing from fingertips makes it handy and straightforward to grasp interface, which simply provides to the win. In line with the necessities of immediately and the future – The Lexicon International Schools recognises this want of the hour to know and perceive digital platforms for funds and equip their college students with the skill to successfully handle a range of monetary abilities, equivalent to private finance administration, budgeting, and investing.
The Lexicon International Schools have been recognised and licensed by the National Center for Financial Education (NCFE) as “Money Smart Schools” for the work accomplished by them in the area of monetary literacy. The Lexicon International Schools has integrated digital finance schooling into their curriculum for college kids from Grade 1 onwards to assist college students perceive, from a really naïve age, the distinction and use of money and digital cash. In addition, it’s vital that individuals assist the Govt. of India’s endeavour to extend the monetary literacy price amongst its younger and grownup inhabitants. Number of transactions with respect to digital funds in India grew 5x from 1,004 crores (10.04 billion) in 2016-17 to five,554 crores (55.54 billion) in 2020-21 and has the potential to additional develop exponentially if schooling is enforced. The better part about The Lexicon International Schools curriculum is that it consists of totally different points of monetary literacy equivalent to financial savings, clever spending, investments, use of ATMs, and the varied alternate options of arduous money. It is a step, to guide a future technology with an applicable understanding of working of the economy, and the new developments that set up in digital economy. Along with the college students the key focus can also be to increase this program to folks thereby creating an all-inclusive monetary eco-system.
Recently, Mr. Pankaj Sharma – President of The Lexicon Group of Institutes acknowledged that “The world we live in is very dynamic. Post the pandemic, utilisation of digital money is at an all-time high and it is critical for our students to learn this new trend, and this cannot be denied, as it urges to the upcoming generations for a guided path towards financial literacy.” India has the potential to be among the top financial literate country in the world if the youngsters within the age group 10-19 are also provided proper financial education. This group constitutes about 21.8% of India’s population. Increasing the financial acumen of the youth will add the boosters needed for India to achieve greater heights and critical global influence.
Website Link – https://lexiconedu.in/
