Question
In which sector is the ULLAS initiative primarily
focused, as part of the government's efforts to promote financial inclusion and literacy among underserved groups?Solution
The Department of School Education and Literacy (DoSEL), under the Ministry of Education, India, conducted the Foundational Literacy and Numeracy Assessment Test (FLNAT) on March 17, 2024, across 23 states. FLNAT is part of the ULLAS – Nav Bharat Saaksharta Karyakram initiative, aimed at revolutionizing education nationwide. ULLAS fosters a learning ecosystem for individuals, providing basic education, digital and financial literacy, and critical life skills, particularly for those aged 15 and above without schooling opportunities, through volunteerism.
Has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from January 1, 2023
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