Indian Journal of Economics and Development
  • Year: 2022
  • Volume: 18
  • Issue: 1

Entrepreneurship, financial literacy and women: A study of street vendors of Purulia district of West Bengal

  • Author:
  • Gurudas Mondal, Navin Kumar Rajpal
  • Total Page Count: 6
  • Page Number: 218 to 223

Department of Economics, Sidho-Kanho-Birsha University, Purulia-723104 (West Bengal)

*Corresponding author's email: guru.nibe@gmail.com

Online Published on 11 April, 2022.

Abstract

The evaluation of financial literacy was undertaken across poor and marginalized women engaged in entrepreneurial activities across major markets of Purulia town, West Bengal. The poor performance of women entrepreneurs on the Financial Literacy Score (FLS) was noticed. A significant gap was observed between the information about the financial system and access to their instruments. The study suggested developing financial literacy through induction programs and awareness camps among local entrepreneurs. The bank correspondence model can serve more efficiently by extending cooperation and trustworthiness.

Keywords

Access and control, Financial exclusion, Financial literacy score