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10 April 2014

Mott MacDonald surveying financial literacy across India

Mott MacDonald has been appointed by The National Centre for Financial Education (NCFE) to carry out the NCFE – Financial Literacy and Inclusion Survey in India. The study will assess the state of financial literacy and inclusion across the country.

As part of this study, Mott MacDonald is meeting approximately 75,000 people across 35 states and Union territories. Results of the study will yield benchmarks of core financial literacy and financial inclusion indicators for different socio-economic sub-groups and measure the efficiency of various financial education interventions, including those under the NCFE.

The consultancy is playing a major role in facilitating design of the questionnaire, implementing and administering baseline data collection and extracting collected data in accordance with a scientifically proven sampling methodology.

Puneet Suri, Mott MacDonald’s project director, said: “This prestigious project will provide an outlook of the current state of financial literacy and financial inclusion in India, leading to the development of a long-term sustainable strategy which will have far reaching significance in the delivery of financial services and products in the country.”

The consultancy’s commission is scheduled to be completed in summer 2014.

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