RBI Launches Scheme to Encourage Original Hindi Writing in Finance
The Reserve Bank of India (RBI) has launched a progressive new initiative aimed at promoting original writing and research in Hindi on important subjects such as economics, banking, and finance. The scheme, officially titled ‘Scheme for Writing Books Originally in Hindi on Economics, Banking and Financial Subjects’, seeks to encourage academicians and researchers to contribute to the corpus of knowledge available in India’s national language.
The scheme targets working and retired professors, including Assistant and Associate Professors, affiliated with UGC-recognised Indian universities. Under the program, three prizes of ₹1.25 lakh each will be awarded annually for original books authored in Hindi on these critical topics.
This initiative aligns with broader governmental efforts to promote the use of Hindi in academic and professional fields traditionally dominated by English-language literature. By incentivizing original writing in Hindi, RBI hopes to democratize access to complex financial knowledge and help spread economic literacy among a wider audience.
Experts believe the scheme will spur high-quality research and create more resources for students, educators, and practitioners who prefer Hindi as their medium of study. It also complements India’s National Education Policy (NEP) emphasis on regional languages and multilingual education.
The RBI expects this scheme to gradually increase Hindi’s footprint in the finance sector, bridging linguistic divides and making financial education more inclusive.
By recognizing scholarly excellence through monetary awards, the RBI is not only promoting language diversity but also reinforcing the importance of original academic contributions in India’s evolving financial landscape.
