Neelaksh Taneja’s Post

Boosting Financial Literacy: A Critical Need for India's Future In today's fast-paced world, basic literacy is no longer enough to thrive. The ability to read and write must be complemented by financial literacy – the knowledge and skills to manage personal finances effectively. **Did you know?** - **75% of Indians** are financially illiterate, lacking the crucial skills needed to make informed financial decisions. **Why does this matter?** Financial literacy empowers individuals to: - Plan for the future - Make informed investment choices - Avoid debt traps - Achieve financial independence **Join the Movement!** It's time to prioritize financial education and ensure that every individual has the tools they need to succeed. Let's work together to bridge this gap and create a financially literate society. #FinancialLiteracy #Education #India #Empowerment #PersonalFinance #FinancialEducation

We Need a Hundred More Sharan Hegdes to Improve India's Financial Literacy. Financial literacy in India is extremely low. This isn't just a statistic - it's a National Crisis. 🔴 Families trapped in debt cycles.  🔴 Retirees without any proper safety net.  🔴 Most People grossly under-invested in Equities 🔴 Young professionals clueless about investments The financial ignorance in our country is a ticking time bomb. But then there are people like Sharan Hegde who are changing the narrative. Sharan has cracked the code on making finance understandable, and entertaining. Thanks to people like Sharan, the equity culture in India is just getting started. He’s reaching millions, turning abstract concepts into everyday conversations. But here's the hard truth: one Sharan Hegde isn’t enough. We need a hundred more Sharans who can inspire others to take control of their financial futures. Because without financial literacy we're just building our life on sand. As a CA and Financial Advisor, I see the gaps every day. I see the confusion, the misinformation, and the outright financial despair. I know that many finfluencers are peddling bad advice. But there are a lot of genuine ones as well. We should applaud them. We need to amplify voices like Sharan’s and encourage more of them to rise. If we don’t act now, we risk condemning another generation to financial illiteracy. #FinancialLiteracy #FinancialFuture

India’s Financial Literacy Revolution: A Step Towards Empowerment 🇮🇳 Did you know? Only 27% of Indians have access to formal credit systems, and 80% of the rural population remains unbanked or underbanked! With financial services still limited for many, India’s journey towards becoming a $5 trillion economy depends on financial literacy. At The Finance Essentials (TFE), we are on a mission to change this. Our vision is simple yet powerful: to make India Financially Literate! 📚💡 Why does financial literacy matter? 80% of Indians lack basic financial knowledge, leading to poor savings and investment choices. 70% of rural India is excluded from digital banking, highlighting the urgency of spreading financial knowledge. Empowered individuals make better financial decisions, leading to more savings, better investments, and improved financial security. We believe financial knowledge isn’t just for the elite; it’s for everyone. From students to working professionals, we’re here to simplify complex concepts and drive change. Join us in building a financially aware India. Together, we can break barriers and unlock financial freedom for all! 🚀 #FinancialInclusion #FinancialLiteracy #TFE #EmpoweringIndia #IndiaGrowthStory #TheFinanceEssentials

Are we overestimating India's growth potential? Here’s a look at how individual investors like you and me are shaping our economic future! #indiangrowth #investmentjourney #economicfuture #sipinvesting #markettrends #financialindependence #wealthcreation #growthstory #financialplanning #longterminvesting #credence #finance #financialliterature #financialadvice #financial #financetips #moneymatters #moneytips #advice #tips Pawandeep Kohli Neha Sapra Indian growth, investment journey, economic future, SIP investing, market trends, financial independence, wealth creation, growth story, financial planning, long-term investing, credence, finance, financial literature, financial advice, financial, finance tips, money matters, money tips, advice, tips

Rest In Peace Former PM Dr. Manmohan Singh 🎖Here are some key facts and figures about his remarkable career: 1️⃣ Architect of Economic Reforms (1991): As India's Finance Minister, Dr. Singh introduced liberalization reforms, transforming India from a closed economy to one of the fastest-growing markets in the world. GDP growth surged from 1.1% in 1991 to over 7% by the mid-2000s. 2️⃣ FDI Boom: His policies unlocked India's potential for global trade and investments. Foreign Direct Investment (FDI) inflows grew from $133 million in 1991 to $17.4 billion in 2006. 3️⃣ Economic Stability: Under his tenure as Prime Minister (2004–2014), India witnessed consistent GDP growth of 8-9% during the mid-2000s, weathering the global financial crisis with resilience. 4️⃣ Rural Development: The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) provided employment opportunities to millions, reducing rural poverty and boosting rural consumption. 5️⃣ Global Leadership: Dr. Singh was pivotal in securing the Indo-US Nuclear Deal, marking a milestone in India's international relations and energy strategy. 6️⃣ Education Focus: Recognizing the power of education, his government implemented the Right to Education Act (2009), making elementary education free and compulsory for children aged 6-14.

CMA Dr Rashmi Soni, Professor - Finance & Law and Ms Ekta Swarnakar, Research Teaching Associate - Finance & Law, K J Somaiya Institute of Management, authored an article titled 'Importance of financial literacy in new wave of economy growth' in Forbes India. In this article, the importance of financial literacy is highlighted, along with an overview of the current scenario in India. It is explained that achieving financial literacy and independence cannot be attained without leveraging the digital financial services available in the country. The article emphasises embracing digital financial literacy presents a significant opportunity to strengthen the economy. Click on the link below to watch the entire telecast: https://bit.ly/3KxTjSE #KJSIM #KJSomaiyaInstituteofManagement #MBA #FacultyinNews #FinancialLiteracy #FinancialServices #DigitalFinance #Finance #Money #Economy #PersonalFinance

I scored 97 in Maths in 10th grade but still didn't meet my parents' expectations. That's the Burden of Expectations.. 💹 In 2009 - Congress had 206 seats with UPA still short of majority and yet NIFTY rose 17%+ 🔶 In 2024 - BJP will probably have 240 seats with a clear NDA majority and yet NIFTY fell upto 9% intraday, while closing 6% down Like the 3 marks in Maths did not impact my future .. Similarly, the exact seat count will have minimal impact on India's Growth Story as long as we have policy continuity and a stable majority. Now that we have elections out of our way, we'll see new investors who were on the fence, now enter the markets at better valuations. So, there is NOTHING TO PANIC. The markets will stabilize and give multiple investing opportunities in the coming month to enter India’s growth story. Also always remember: Equity Investing is for your Long Term Goals. Ignore the volatility to make real wealth. #marketcrash #stockmarket #investments #longterm

Bridging the Wealth Gap through Financial Literacy India's economy is growing, and so are its people, but a stark reality remains—there exists a significant wealth gap between the middle-class population and the ultra-rich community. 📊 Key Insights: The richest 1% of Indians own 40% of the nation's wealth. Meanwhile, 670 million Indians (the poorest half) have seen only a 1% increase in their wealth over time. These statistics underscore the critical need for financial education—not just for the wealthy but for every individual aiming to take control of their finances. 🌟 I am launching a Basic to Advanced Free Course on Finance, Budgeting, and Money Management. This course will empower individuals to: ✅ Build financial discipline ✅ Manage money effectively ✅ Save and invest wisely ✅ Bridge the knowledge gap to build wealth If you want to stay ahead and learn simple steps to achieve financial freedom, follow me for the latest updates on this upcoming course. Together, let's work toward bridging the wealth gap and empowering every individual with the tools to become financially independent. Stay tuned for more!

*Break Free from the Middle-Class Cycle* India's growing middle class (31% to 38% by 2031) faces financial challenges. Avoid these common money mistakes to secure your future: *5 Money Mistakes to Avoid* 1. *Bill-only focus*: Misses growth opportunities. 2. *Saving without investing*: Loses value to inflation. 3. *Impulse spending*: Short-term joy, long-term financial strain. 4. *Overconfidence*: Leads to costly mistakes. 5. *Lifestyle inflation*: Upgrading with every raise hinders saving. *Change Your Money Mindset, Change Your Future* *What's Your Savings Goal?* 1. Emergency fund safety 2. Education for children 3. Wedding or family wedding 4. Buying a car or home 5. Starting a business *Take Action* 1. Set clear financial objectives. 2. Create a budget and track expenses. 3. Invest wisely (e.g., mutual funds, stocks). 4. Build an emergency fund (3-6 months' expenses). 5. Monitor and adjust your financial plan. *Secure Your Financial Future Today!* https://lnkd.in/giR7gQBm

Will India's financial landscape be revolutionized by private credit? Straight From Warren Buffett's playbook - Will it be Rains or Thunder Striking for India? Our insights at https://lnkd.in/gpqUqWCC #PrivateCredit #Investing #IndiaEconomy #AltG