UNDERSTANDING THE LINK BETWEEN WEATHER, CLIMATE VARIABILITY, AND FARMER’S FINANCIAL PLANNING: A STUDY OF KHAMGAON REGION

Shambala Rameshwar Mahokar; Vishal V. Patil

doi:10.59415/mjacs.v2i2.188

Authors

Shambala Rameshwar Mahokar PG STUDENT
Vishal V. Patil Shri Sant Gajanan Maharaj College of Engineering

DOI:

https://doi.org/10.59415/mjacs.v2i2.188

Keywords:

Weather and climate variability, Financial planning, Decision-making processes, Risk management, Saving and investment pattern.

Abstract

The purpose of this study is to look at how weather and climate variability affect farmer’s financial planning and decision-making processes, the study aims to analyze the relationship between unanticipated in weather patterns and their financial stability. Farmer’s financial planning decision-making process is influenced by a number of factors, including socioeconomic traits, risk attitudes, income level, and access to financial services. This research has been carried out using a descriptive research design. Question are employed in primary data collection. According to the study’s findings, a farmer’s decision-making process is influenced by variables such as income level, financing availability, and risk perception. This study highlights farmer’s preferences for various investment options by looking at their unique saving and investing behaviours.

Keywords: Weather and climate variability, Financial planning, Decision-making processes, Risk management, Saving and investment pattern.

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Author Biography

Vishal V. Patil, Shri Sant Gajanan Maharaj College of Engineering

Assistant Professor, Department of Business Administration and Research, Shri Sant Gajanan Maharaj College of Engineering, Shegaon

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