The Maharashtra government has signed an MoU with the National Stock Exchange (NSE) and Moneybee Institute to enhance financial literacy and protect investors. The tri-partite agreement aims to raise public awareness about capital market investments and provide practical knowledge for informed decision-making.
Maharashtra becomes the first state to promote financial literacy in such a concrete manner actively. Deputy Chief Minister Devendra Fadnavis highlighted the importance of the initiative in preventing cyber fraud and educating citizens about Ponzi schemes. NSE’s CEO, Ashishkumar Chauhan, expressed their commitment to empowering investors with relevant information. Moneybee Institute, based in Nagpur, offers finance and investment training through online and classroom programs. The collaboration between the government, NSE, and Moneybee Institute marks a significant step towards revolutionizing financial literacy and protecting Maharashtra’s citizens from fraudulent practices.
