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Pavitra Walvekar from Kudos Finance on Empowering India's Diverse Population Through Financial Literacy


Let's take a closer look at the importance of financial literacy with Pavitra Walvekar, the promoter-director of Kudos Finance and Investments Private Limited, based in Pune.


The NCFE Financial Literacy and Inclusion Survey 2019 revealed that only 27% of people in India are financially literate, meaning many still lack the basic knowledge and skills needed to manage their money well. The survey also showed major differences between regions. The West Zone had the highest financial literacy rate at 37%, followed by the North-East Zone at 33%. However, the East Zone lagged far behind, with only 20% of people being financially literate.

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