The Financial Literacy in Promoting Student Entrepreneurship Life-Long in India

Abstract

In today’s rapidly evolving Indian economy, financial literacy has emerged as a critical life skill, particularly for the younger generation. Despite its importance, surveys indicate that only a limited percentage of Indians are financially literate, which often results in poor financial decisions and missed opportunities. This paper examines the role of financial literacy in shaping entrepreneurial intentions among students, highlighting its impact on financial independence, decision-making, and long-term security. Using secondary data and a quantitative research approach, the study explores how financial education equips students with budgeting, saving, investing, and money management skills necessary for entrepreneurial success. The findings emphasize that financial literacy not only enhances individual confidence and responsibility but also strengthens entrepreneurial capacity by enabling access to resources and informed decision-making. It concludes that integrating financial education into the academic curriculum is vital for nurturing entrepreneurial abilities and fostering sustainable economic growth in India.