• Dr. Sukanya.R.

Scant resources available and there is a need to find how financial literacy helps in promoting financial self-reliance. It is very important to have an understanding regarding the way in which people plan their financial resources in their daily life. Education plays a pivotal role in influencing the behaviour of individuals in making financial decisions. Financial literacy is a key component which helps in the development of individual’s financial stability. The Government of India has taken several initiatives to develop financial inclusion and literacy among the people of India. This study explains the importance of financial literacy in promoting financial self- reliance in present scenario. Based on the secondary data, this study explores the relationship between financial literacy and financial self-reliance and impact of financial literacy on individual’s financial stability and how financially self-reliance society can make an economy a responsible one.

Financial Literacy, Financial self-reliance, financial stability, responsible economy.

"Financial literacy and Tendency of Financial Self-Reliance", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 1, page no.f347-f351, January-2023, Available :http://www.jetir.org/papers/JETIR2301548.pdf

"Financial literacy and Tendency of Financial Self-Reliance", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 1, page no. ppf347-f351, January-2023, Available at : http://www.jetir.org/papers/JETIR2301548.pdf