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CFA Society sets off on financial literacy tour

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CFA Society sets off on financial literacy tour
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Volunteers to cycle across 26 locations in country
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Volunteers to cycle across 26 locations in country
The Chartered Financial Analysts (CFA) Society India (India Association of Investment Professionals), a member of the CFA Institute Global Network of Societies, has undertaken a first-of-its-kind initiative to promote financial literacy.
Titled ‘Jan Nivesh Abhiyaan’, the initiative is a 14-day campaign which will see volunteers from the CFA society cycle across 26 locations in the country conducting sessions on financial literacy for local people.
“We are a country that is moving towards becoming a $5 trillion economy. However, the lack of financial literacy among Indians can be a huge hindrance. According to Standard and Poor’s Global Financial Literacy Survey 2016, India holds the 121st rank among 150 countries, with an overall financial literacy of 24%. We have been striving to promote awareness and increase financial literacy among people. This is the idea behind Jan Nivesh Abhiyaan,” Rajendra Kalur, director of CFA Society India, said at a press conference on Monday.

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