A movement towards creating
a financially intelligent India.

Not many are aware that financial mis-management is responsible for much of business failures the world over. Perhaps as high as nine out of 10 businesses that fail do not fail because they had an inferior product, nor because their marketing was inefficient and also not due to labour problems, but because of bad finance management.

And this happens because of a widely held belief that finance management is the job of the finance department alone.

The truth is that finance management or mis-management happens in every department of an organization. Most decisions taken by various so-called non-finance managers/executives are in fact financial decisions. A decision taken by a sales person, who is offered a large order provided he can cut price, to accept or to refuse the offer, is a financial decision. A decision as to the levels of inventory to be maintained by the stores manager is a financial decision. An HR decision as to the size of the ‘bench’ to be maintained is also a financial decision.

In fact, what happens in the finance department is largely accounting related. Finance management, or lack of it, take place in all the other departments. Every manager is a finance manager.

For over twenty years, Lamcon Training, a division of Lamcon Finance and Management Services Pvt Ltd, of which Dr. Anil Lamba is a founder-director, has provided financial education to several corporate houses at the senior-most levels of management, within India and internationally. While this has been very successful, we realize that in order to have a more meaningful impact, it is important that India, as a nation, is more financially literate. All people, across all social boundaries, should know how their actions affect their work places financially as well as have the ability to handle their own finances better.

In order to achieve this, Lamcon has launched a ‘Finance Literacy for All’ campaign. This is an ambitious effort to spread financial literacy across India. It is widely recognised that anyone who is not financially literate pays a price for this ignorance.

Today, when India is growing at a rapid pace and with newer opportunities and avenues emerging every other day, this knowledge and understanding becomes even more vital. It is Lamcon’s belief that for India to continue its phenomenal growth it is important that each and every individual in this country is financially literate. Financial illiteracy could become the one stumbling block in India’s growth story. While large corporations recognise the importance of educating their executives and do invest their time and money in doing so, the small entrepreneurs and individuals often do not do so, either on account of the relatively high costs or because they may not have felt the need. The objective of the Finance Literacy for All campaign is to make this segment financially intelligent.


  • Non-managerial cadre employees and workers within corporations
  • Small businessmen/traders and professionals
  • School children
  • NGOs
  • Housewives
  • Other low income earners like slum dwellers, house maids, vegetable vendors et al.


  • Lamcon would be conducting regular free seminars on finance management for those who cannot afford to educate themselves. In this way, of course, our reach will be extremely limited, both, in terms of numbers as well as geographically.
  • To expand our reach, we will educate teams of volunteers as facilitators under a ‘train the trainer’ programme, who can, in turn, train more volunteers, and so on, leading to an exponential growth in the number of trainers, who will, eventually be educating the target audience.

This movement, in order to succeed, entails the training of thousands of ‘volunteer trainers’

To take this campaign across the length and breadth of the country and to reach out to millions of citizens will require the participation of a large number of individuals and the support of corporations.

Since the cause is both social and beneficial, this project could fit into any organisation’s Corporate Social Responsibility.
Those wishing to participate in the movement in any capacity can contact.