Evaluation of Financial Literacy among Rural Women in India: With Special Reference Himachal Pradesh

Abstract

Financial literacy and economic growth are the two sides of the same coin and this is very important for the people of a country to be financially literate to participate in the growth of the country. It is not so that only tax payers of the country are the sole basis of the development of the country, in order to observe an overall growth people from all the dimensions and fields participate equally in the same. In the lieu of the same present research is based on the financial literacy of the women in various districts of Himachal Pradesh. It has been observed from various reports and researches that the women in the rural areas are the earning members of the family but their efforts are being not really recognized, this is because of the male dominated society. But against all odds the rural women are notifying their active participation in the development of the society and financial literacy is the important aspect of the same. This study is based on the analysis of financial literacy of the women in rural areas of Himachal Pradesh. This present study is based on primary data and 100 women are taken as the sample of the study and all the relevant dimensions are being evaluated. Statistical analysis is done by SPSS and presented in the graphical and tabular form.