One of the important tasks that the FSDC Sub-committee has taken up is to formulate the National Financial Literacy Strategy document with the following objectives. (i)  Create awareness and educate consumers on access to financial services, availability of various types of products and their features. (ii)  Change attitudes to translate knowledge into behaviour.
(iii)  Make consumers understand their rights and responsibilities as clients of financial services. Financial literacy – Ideally start early in schools It is well recognized that to be effective, financial literacy initiatives should ideally commence at school level although, even at a later stage adult education would provide substantial benefits.