THE DETERMINANTS OF FINANCIAL LITERACY AND THE EFFECT ON INDIAN WOMEN ENTREPRENEURS' A FINANCIAL BEHAVIOUR
Dr.Ratnavalli Bhagavatula
Assistant Professor, KL Business school, Koneru Lakshmiah Education Foundation, Andhrapradesh, India
P.Bhuvaneswari
Research Scholar, Koneru Lakshmiah Education Foundation, Vaddeswaram, Andhra Pradesh, India
S.Harsha Vardhan
Research Scholar, Koneru Lakshmiah Education Foundation, Vaddeswaram, Andhra Pradesh, India
- Sai Srinivas Chowdary
Research Scholar, Koneru Lakshmiah Education Foundation, Vaddeswaram, Andhra Pradesh, India
P.Sunil Kumar
Research Scholar, Koneru Lakshmiah Education Foundation, Vaddeswaram, Andhra Pradesh, India
Abstract
Due to its connection to economic growth, financial literacy is extremely significant. Entrepreneurship and financial literacy are two sides of the same coin that are directly tied to the nation’s economic growth. The capacity and aptitude of business owners to be financially literate in managing the financial matters has been linked to the success of any recently launched business. The purpose of this essay is to examine how financial literacy affects female entrepreneurs. According to the sixth economic census published by the Ministry of Statistics and Program Implementation, women account for roughly 14% of all Indian businesses. Women who start businesses today come from all walks of life and all regions of the country, not just from families with long histories in business or from the wealthier segments of society.