prime minister's economic advisory council member sanjeev sanyal discusses new school textbooks

sanjeev sanyal, a member of the economic advisory council to the prime minister, highlighted that updated educational textbooks published by the national council of educational research and training (NCERT) now incorporate specific chapters covering personal finance and startups. this curricular update is designed to introduce students to essential economic concepts, money management techniques, and entrepreneurial fundamentals at an early stage in their formal education. the initiative addresses historical gaps in school education regarding everyday financial survival skills.

integrating practical financial education into school syllabi helps young individuals understand budgeting, savings, and enterprise creation before they enter higher education or the workforce. by demystifying business formation and financial planning early on, the curriculum encourages a culture of self-reliance and informed economic participation among students. this structured learning approach bridges traditional academic subjects with practical realities faced by modern consumers and business owners.

educators and financial practitioners should monitor how these foundational concepts influence the financial literacy levels of incoming generations of students. parents and advisors can leverage these textbook additions to foster early discussions about money management and enterprise at home. building strong financial awareness during school years lays the groundwork for sound financial decision-making in adult life.