{
  "id": 18083564,
  "title": "NCERT Class 9 Textbooks Introduce Personal Finance & Entrepreneurship Chapters Covering Mutual Funds, Taxes & Startups",
  "url": "https://urgent.news/2026/11/04/ncert-class-9-textbooks-introduce-personal-finance-entrepreneurship",
  "topic": "world",
  "section": "World",
  "published": "2026-11-04T06:40:42.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/education/ncert-class-9-textbooks-introduce-personal-finance-entrepreneurship-chapters-covering-mutual-funds-taxes-startups"
  },
  "original_language": "en",
  "account": "The latest NCERT Class 9 Social Science textbooks now include chapters on personal finance and entrepreneurship. Designed to equip students with practical financial knowledge and entrepreneurial skills from a young age, these additions have been lauded by Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister of India. The economics section of the recently updated NCERT textbooks now features Chapter 5, 'Managing Your Personal Finances', which covers essential topics like fixed deposits, mutual funds, Equated Monthly Installments (EMI), taxes, risk-return, and more. The primary objective of these chapters is to equip students with vital life skills, such as understanding money management and making informed financial decisions. Chapter 5 introduces the importance of saving, investing, protecting assets, and paying income tax. It also prompts students to reflect on their habits of spending, saving, or setting aside money for future needs. Additionally, the textbook delves into the concept of taxation, explaining it as a compulsory contribution to government funds for public services. It distinguishes between direct taxes, such as income tax, and indirect taxes, like the Goods and Services Tax (GST). Furthermore, Chapter 6, 'From Ideas to Startups', introduces the fundamentals of entrepreneurship. It explains the basics of profit and loss accounts, business plans, and emphasizes risk-taking, innovation, and entrepreneurship as positive pursuits, deviating from previous portrayals that often emphasized caution and illicit activities. Sanjeev Sanyal shared photographs from the textbook on X, highlighting the new chapters' focus on practical financial management and entrepreneurial education.",
  "summary": "New Delhi: The latest edition of NCERT Social Science textbooks for Class 9 has made a significant shift by introducing dedicated chapters on personal finance and entrepreneurship. These additions, highlighted by Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister of India, aim to equip students with real-world financial knowledge and entrepreneurial skills from an early…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}