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VOL. 11, ISSUE 10 (2024)
An analysis of individual financial practices of rural vendors in the Sonitpur district of Assam
Authors
Dr. Bidyut Jyoti Kalita
Abstract
The strength of an economy lies on its capacity to maintain sustainable
and better livelihood through the creation of income opportunities. Self-
employment and absorption of labour in the informal and unorganized sector is
one of the features of the economy of India. Significant portion of the
workforce earn their livelihood from these segment and hence, the role of the
sector cannot be underestimated. This paper tries to analyse the individual
financial management practices of vendors particularly operating in the rural
areas of Sonitpur district of Assam. The study is based on primary and
secondary data. It was observed that street vendors are having fund management
skills without any high level of formal financial literacy. However, there are
scopes for spreading and enhancing formal financial literacy among the vendors.
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Pages:1-2
How to cite this article:
Dr. Bidyut Jyoti Kalita "An analysis of individual financial practices of rural vendors in the Sonitpur district of Assam". International Journal of Multidisciplinary Research and Development, Vol 11, Issue 10, 2024, Pages 1-2
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