Financial literacy can play a crucial role in empowering students in India to make informed decisions about their finances and build a strong financial foundation for their future. With a good understanding of financial concepts such as budgeting, saving, and debt management, students can manage their money more effectively and avoid common financial pitfalls. Financial literacy also enables students to make informed decisions about financing their education, such as choosing student loans or scholarships. By improving financial literacy, students in India can build a solid financial foundation, achieve financial independence, and become more financially responsible adults.