ICAI Developing Financial Curriculum for CBSE, Other State Boards
2 minute read
• Updated on 25 Oct, 2025, 11:44 AM, by KollegeApply
The Institute of Chartered Accountants of India (ICAI) is developing a financial literacy curriculum for school students from classes 6 to 10, aiming to equip young learners with essential money management and financial skills. Currently, the initiative is implemented for CBSE schools, but ICAI plans to expand it to other boards across India.
States Showing Interest
CA Charanjot Singh Nanda, President of ICAI, confirmed that several state governments have expressed interest in integrating the financial curriculum into their schools. These include:
- Punjab
- Maharashtra
- Rajasthan
- Assam
- Odisha
The ICSE board and other state boards are in the planning stage for adopting the curriculum.
Curriculum Details
- Designed to be student-friendly and easy to understand.
- Covers both financial and accounting concepts.
- Aims to ensure students become proficient in financial literacy.
The ICAI President emphasized that the program is intended to develop practical money management skills, enabling students to make responsible financial decisions in the future.
Importance of Early Financial Awareness
Highlighting the significance of financial literacy, CA Nanda stated: “We are very keen that students should be masters in financial literacy. We want everybody to be financially literate, knowing how to manage money and finances effectively.” Once fully implemented, the initiative is expected to foster a generation of financially aware students, prepared for real-world financial challenges.
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