National financial literacy strategy One of the important tasks that the FSDC Sub-committee is undertaking is to formulate our National Financial Literacy Strategy document. It is being finalized with the following objectives:   Create awareness and educate consumers on access to financial services, availability of various types of products and their features.   Change attitudes to translate knowledge into behaviour.
  Make consumers understand their rights and responsibilities as clients of financial services. BIS central bankers’ speeches  3  Who should be imparted financial literacy? Contrary to popular perception, financial literacy has to be imparted to everyone in the economy viz. users and providers.