Improving Financial Literacy Among Women: The Role of Universities

Economic Challenger, October-December 2015

10 Pages Posted: 2 Oct 2015

See all articles by Monika Dwivedi

Monika Dwivedi

FMS-WISDOM,Banasthali Vidyapith

Harsh Purohit

Banasthali Vidyapith

Divya Mehta

Banasthali University

Date Written: September 30, 2015

Abstract

The aim of this research paper is to analyze the NCFE report on financial literacy and financial inclusion in India on the basis of occupation, geographical area and gender mix. The report is analyzed while considering these parameters and it shows that urban population is more financially literate than rural population, similarly men are more financially literate than women. Same is the case with financial inclusion part where urban population has scored more points on financial inclusion as compared to rural population while men have scored more points than women. This paper also throws light on NCFE report on financial education in school which can help the future generation by making them more financially aware about managing their finances and also highlights the role of universities in boosting financial literacy, taking example from the Bank of America sponsored CFPTRW at Banasthali Vidyapith, Rajasthan.

Keywords: NCFE, Financial Education

JEL Classification: D14

Suggested Citation

Dwivedi, Monika and Purohit, Harsh and Mehta, Divya, Improving Financial Literacy Among Women: The Role of Universities (September 30, 2015). Economic Challenger, October-December 2015, Available at SSRN: https://ssrn.com/abstract=2668034

Monika Dwivedi

FMS-WISDOM,Banasthali Vidyapith ( email )

Banasthali
Newai
Newai
India
7737581374 (Phone)

Harsh Purohit (Contact Author)

Banasthali Vidyapith ( email )

Banasthali Vidyapith
P.O. Banasthali Vidyapith
Rajasthan, Rajasthan 304022
India
9887886320 (Phone)

Divya Mehta

Banasthali University ( email )

Banasthali Vidyapith
P.O. Banasthali Vidyapith
Rajasthan, Rajasthan 304022
India

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