Importance of Financial literacy For Sustainable Future Environment: A Research Among People In Rural Areas With Special Reference To Mandi District,Himachal Pradesh

Sunita Kumari, Ampu Harikrishnan

Abstract


Education and Role of technology is a right combination that allows the people to make the right decision for sustainable development. It has been observed that financial education is a challenge globally. Financial education plays fundamental role for better understanding the needs of combat climate change. Education and Environmental awareness are important to create global networks among the different corporation that include public and private sectors. Financial literacy is closely connected with sustainable growth of economy. Sustainable behaviors of individuals are required for ensuring the sustainable development in the society. This paper is to discuss the importance of financial literacy for sustainable future Environment. It deals with the concept of financial literacy, sustainable development and to study the respondent demographic profile as well as the knowledge about financial literacy for sustainable future environment. The paper is designed is on Primary data and secondary data. Primary data is collected through survey.  A questionnaire is used which is most common tool for collection of data. Secondary data is gathered through various reports, Articles, journals or through literature review focus on financial literacy for sustainability.This paper analysis important of financial literacy for sustainable future environment with special reference to Rural people of particular District of Himachal Pradesh. This study has covered only one district of Himachal Pradesh.


Keywords


Financial Literacy; Behavior; Financial Education; Sustainable Development; Climate Change

Full Text:

PDF

References


Ye, J., & Kulathunga, K. “How Does Financial Literacy Promote Sustainability in SMEs? A Developing Country Perspective. Sustainability”, 11(10), 2990. 2019. doi: https://doi.org /10.3390/su11102990

Gaisina, S., & Kaidarova, L. “Financial Literacy of Rural Population as a Determinant of Saving Behavior in Kazakhstan”. Rural Sustainability Research, 38(333), 32-42. 2017. doi: https://doi.org /10.1515/plua-2017-0010

Raluca Gh. Popescu, & Popescu. “An Exploratory Study Based on a Questionnaire Concerning Green and Sustainable Finance, Corporate Social Responsibility, and Performance: Evidence from the Romanian Business Environment”. Journal of Risk And Financial Management, 12(4), 162. 2019. https://doi.org/10.3390/jrfm12040162

Ansari, W., & Stibbe, A. “Public Health and the Environment: What Skills for Sustainability Literacy – And Why?”. Sustainability, 1(3), 425-440. 2009. https://doi.org/10.3390/su1030425

Ansari, W., & Stibbe, A. “Public Health and the Environment: What Skills for Sustainability Literacy – And Why?”. Sustainability, 1(3), 425-440. 2009. https://doi.org/10.3390/su1030425

Kothari, C. Research Methodology. New Age International. 2019.

Mdpi.com. (2020). Retrieved 1 July 2020, from https://www.mdpi.com/2071-1050/11/10/2990/pdf.

Murray, P., & Cotgrave, A. “Sustainability literacy: the future paradigm for construction education?”. Structural Survey, 25(1), 7-23. 2007. https://doi.org/10.1108/02630800710740949

Hastings, J., Madrian, B., & Skimmyhorn, W. “Financial literacy, financial education and economic outcomes”. National Bureau of Economic Research. 2012.

Riffat, S., Powell, R., & Aydin, D. “Future cities and environmental sustainability”. Future Cities And Environment, 2(0), 1. 2016. https://doi.org/10.1186/s40984-016-0014-2

Likitswat, F. ” Future Cities: New Generation’s Visions of Sustainability Concepts and Models. Future Cities And Environment, 5(1). 2019. https://doi.org/10.5334/fce.61

Singhal, N. “Environment Sustainability in Business Education: Future Manager’s Perspective”. SSRN Electronic Journal. 2012. https://doi.org/10.2139/ssrn.2140652

Likitswat, F. “Future Cities: New Generation’s Visions of Sustainability Concepts and Models. Future Cities And Environment”, 5(1). 2019. https://doi.org/10.5334/fce.61

De Jong, M., Joss, S., Schraven, D., Zhan, C., & Weijnen, M. “Sustainable–smart–resilient–low carbon–eco–knowledge cities; making sense of a multitude of concepts promoting sustainable urbanization”. Journal of Cleaner Production, 109, 25-38. 2015. https://doi.org/10.1016/j.jclepro.2015.02.004

T., D. “Financial Literacy and Inclusive Growth: Challenges and Opportunities”. SSRN Electronic Journal. 2017. https://doi.org/10.2139/ssrn.2985436

Kothari, C. Research Methodology. New Age International. 2019.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2020 Sunita Kumari, Ampu Harikrishnan

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

International Journal of Engineering, Science and Information Technology (IJESTY)