The Financial Education Programe for Adults (FEPA)
Salient Features of FEPA
Objective
To create financial awareness which will generate confidence in the financially excluded sections of the society to use the financial services and products more effectively thereby bringing more people to the formal financial sector.
Target Group
Adult population such as Employees of various organisations, SHG members, Farmers and rural folks, Women groups, household people, MGNREGA cardholders, personnel from forces or any other classes of financially excluded section of the society.
Free of Cost
The workshop shall be conducted free of cost and no money will be collected from the participants.
Trainers
NCFE has a network of experienced and certified Financial Education Trainers for conducting FEPA workshops across the country.
Content
NCFE developed a Financial Education material for FEPA which particularly targets the adult population of the society. Topics are as follows: Income, Expenses and Budgeting, Savings, Banking, Credit and Debt Management, Digital Transactions, Insurance, Investment, Retirement and Pensions, Financial inclusion schemes of the Government, Fraud protection – Caution against Ponzi Schemes and unregistered investment Advisers and Grievance Redressal.