Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India.
This paper examined financial literacy services provided by banks to agripreneurs and the associated problems. Participants were 500 agripreneurs and 250 bank managers, selected using a multi-stage sampling design in Assam, a north-eastern state of India. The result showed that out of 19 identified...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Agricultural Extension Society of Nigeria
2022-10-01
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| Series: | Journal of Agricultural Extension |
| Subjects: | |
| Online Access: | https://journal.aesonnigeria.org/index.php/jae/article/view/3326 |
| _version_ | 1811200128127598592 |
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| author | Newar, Purnima Bhuyan, Anjan |
| author_facet | Newar, Purnima Bhuyan, Anjan |
| author_sort | Newar, Purnima |
| collection | DOAJ |
| description | This paper examined financial literacy services provided by banks to agripreneurs and the associated problems. Participants were 500 agripreneurs and 250 bank managers, selected using a multi-stage sampling design in Assam, a north-eastern state of India. The result showed that out of 19 identified variables of financial literacy services, the degree of awareness of agripreneurs by banks is marked very low in 17 variables. In 7-point rating scale, average score of lack of manpower, difficulty in reaching the target group and poor coverage of topics was more than 3.5 which categorised them as major hindrances in conducting Financial Literacy Programme (FLP), particularly for agripreneurs. However, consideration of both organisational and operational approaches is suggested for better implementation of FLP for agripreneurs. |
| first_indexed | 2024-04-12T01:59:38Z |
| format | Article |
| id | doaj.art-cea18e5faa7845d7b6478fe7673482d0 |
| institution | Directory Open Access Journal |
| issn | 1119-944X 2408-6851 |
| language | English |
| last_indexed | 2024-04-12T01:59:38Z |
| publishDate | 2022-10-01 |
| publisher | Agricultural Extension Society of Nigeria |
| record_format | Article |
| series | Journal of Agricultural Extension |
| spelling | doaj.art-cea18e5faa7845d7b6478fe7673482d02022-12-22T03:52:43ZengAgricultural Extension Society of NigeriaJournal of Agricultural Extension1119-944X2408-68512022-10-0126411010.4314/jae.v26i4.1Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India.Newar, Purnima0https://orcid.org/0000-0002-9087-6561Bhuyan, Anjan1https://orcid.org/0000-0002-5124-262XDepartment of Business Administration Tezpur University, Assam, India-784028Department of Business Administration Tezpur University, Assam, India-784028This paper examined financial literacy services provided by banks to agripreneurs and the associated problems. Participants were 500 agripreneurs and 250 bank managers, selected using a multi-stage sampling design in Assam, a north-eastern state of India. The result showed that out of 19 identified variables of financial literacy services, the degree of awareness of agripreneurs by banks is marked very low in 17 variables. In 7-point rating scale, average score of lack of manpower, difficulty in reaching the target group and poor coverage of topics was more than 3.5 which categorised them as major hindrances in conducting Financial Literacy Programme (FLP), particularly for agripreneurs. However, consideration of both organisational and operational approaches is suggested for better implementation of FLP for agripreneurs.https://journal.aesonnigeria.org/index.php/jae/article/view/3326agripreneurs and financial literacybanks and financial literacyproblems |
| spellingShingle | Newar, Purnima Bhuyan, Anjan Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. Journal of Agricultural Extension agripreneurs and financial literacy banks and financial literacy problems |
| title | Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. |
| title_full | Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. |
| title_fullStr | Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. |
| title_full_unstemmed | Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. |
| title_short | Role of Banks in Promoting Financial Literacy among Agripreneurs in Assam, India. |
| title_sort | role of banks in promoting financial literacy among agripreneurs in assam india |
| topic | agripreneurs and financial literacy banks and financial literacy problems |
| url | https://journal.aesonnigeria.org/index.php/jae/article/view/3326 |
| work_keys_str_mv | AT newarpurnima roleofbanksinpromotingfinancialliteracyamongagripreneursinassamindia AT bhuyananjan roleofbanksinpromotingfinancialliteracyamongagripreneursinassamindia |