The work of the Federal Reserve The Federal Reserve has a special interest in economic and financial education and has for many years conducted teacher training and worked with partners like NCEE, Jump Start, and others to encourage programs aimed particularly at students, educators, and consumers. In part, these activities arise from the role the Federal Reserve plays in implementing the nation's consumer-protection laws.
First of all, the Government through the Budget for 2016/17 outlined some policy directions related to expansion of banking and financial services in the rural areas, promotion of mobile banking and branchless banking, continuation of government led programs such as Rural Self Reliance Fund (RSRF), Poverty Alleviation Fund (PAF), Youth and Small Entrepreneur Self-employment Fund, and the implementation of subsidized agricultural lending program.