The University Grant Commission (UGC) suggests universities, schools and colleges to engage in the campaign named IEPFA-NEVSA - Niveshak Evam Vittiya Saksharta Abhiyan.
IEPFA-NEVSA will be organised by the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs. The three-month-long campaign will be conducted in collaboration with the Union Ministry of Education.
The University Grants Commission (UGC) has urged universities, associated colleges, and institutions to take part in the campaign and raise investor awareness among students. The three-month effort intends to include NSS as well.
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The official notice by UGC reads, “The objective of this campaign is to utilise the student community to spread investor awareness messages. The student community may act as a vehicle of change and propagate the Investor Awareness Messages.
The aim is to involve these young people, wherein, while acting as a catalyst, they will themselves learn the benefits and rise with a solid foundation for building sound financial behaviour”.
UGC made the request in a letter to the vice-chancellors of institutions.
IEPFA-NEVSA: Action Plan
According to the campaign's action plan, the goal is to use the student community to distribute investor awareness messages. As part of the initiative, students will serve as change agents, spreading investor awareness information.
UGC in a letter sent to the vice-chancellors said, "The campaign aims at involving the students to help them in building a foundation for sound financial behaviour, and encourage their use of the money. The students will learn to act as a catalyst for creating awareness".
The program intends to include 500 institutions, including high schools, universities, and institutes in 500 semi-urban and metropolitan locations. The ministry of education will identify the schools and colleges.
Cash rewards and trophies will be awarded to the institutions, colleges, and high schools with the highest number of participants.
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