Journal of Science Engineering Technology and Management Science

It is also emerging that financial literacy has emerged to be a critical determinant to characterize individual financial well being and universal economic growth, particularly in a region where socialeconomic diversity is so high. National agrarian region of semi urban area Vidarbha in Maharashtra is a region that has its own problems and opportunities to translate financial knowledge to productive behaviour in the field of financial management. The present paper is dedicated to researching the relationship between personal finance behaviour and financial literacy and different socio-economic layers in Vidarbha and disparities in finance literacy and behaviour based on variable income, education, profession and rural/ urban setting. The research scales dimensions of financial literacy as linked to basic financial literacy, financial product awareness, budgeting skills, savings behaviour, investment choice and debt management behaviours on primary data collected on a structured questionnaire. The level within which the actual financial decision-making may be driven by the financial literacy is determined with the help of statistical data like descriptive analysis, correlation and inferential measures. The findings show that socio-economic groups vary significantly in as far as financial literacy and financial behaviour is concerned whereby a higher degree of literacy is associated with judicious financial behaviour such as saving habitually, investing wisely and low usage of credit in prudent way. However, there is one more factor, listed in the study, which is the gap in knowledge and action where the financial awareness does not always translate into positive financial behaviour particularly among the respondents with lower income and in rural localities. The paper identifies the need of the context-based, policy-imposing financial education and interventions in order to increase the financial ability and sustainable personal finance behaviour in the Vidarbha region.

Keywords : Financial Literacy; Personal Finance Behaviour; Socio-Economic Groups; Financial Decision-Making; Knowledge–Action Gap; Vidarbha Region

Author : Nagamani Sambarapu, Dr. Laxman Gaikwad

Title : FROM KNOWLEDGE TO ACTION: FINANCIAL LITERACY AND PERSONAL FINANCE BEHAVIOUR AMONG DIVERSE SOCIOECONOMIC GROUPS IN VIDARBHA

Volume/Issue : 2025;02(7(S)-ICCMT)

Page No : 1-7

There is a drastic change in the performance management systems in the Indian organizations due to the rapid adoption of artificial intelligence (AI). The data analytics, machine learning, and automation enabling the performance management services offered by AI make both appraisals, real-time feedbacks, and employee development more accurate. As much as such can be the case benefits, there are numerous challenges which organizations face during the implementation. The significant organizational concerns associated with AI-performance management practice have been investigated in this paper (after data privacy) in India because of algorithmic bias, lack of transparency, employee opposition, lack of competency, and limiting nature of their infrastructures. To establish the worst possible challenges that affect successful adoption, the research uses the statistical methods of the factor analysis and the regression form of the statistical method, utilizing primary data retrieved among managers and employees working in the chosen service and manufacturing organizations. It turns out that the effectiveness of AI-based performance regimes is significantly affected by ethical issues, a lack of trust, and a problem with the insufficient readiness of AI. The paper contributes to the emerging AI in human resource management and also proposes in part with implications on policymakers and those in the field to formulate responsible, transparent and inclusive AI-based performance management systems in the Indian context.

Keywords : Artificial Intelligence; Performance Management; Human Resource Analytics; Algorithmic Bias; Data Privacy; Employee Trust; Organizational Challenges; India

Author : Roma Kumari Gupta, Dr. Chandrabhan M. Tembhurnekar

Title : AI-ENABLED PERFORMANCE MANAGEMENT PRACTICES IN INDIA: AN EMPIRICAL ANALYSIS OF ORGANIZATIONAL CHALLENGES

Volume/Issue : 2025;02(7(S)-ICCMT)

Page No : 8-14

In the present paper, the authors will analyze how the processes of knowledge management, (i.e. both in knowledge creation, sharing and application) influenced development of an organization with respect to the Indian public sector banking institutions. In an extremely dynamic digital world, evolving customer needs, and the competitive world, good knowledge dynamics has been a necessity keeping a particular institution or not. The study draws on qualitative and quantitative data collected among the employees, managers and knowledge-work systems in one sample of the public sector banks to understand how this knowledge processes are systematized, facilitated and utilized to improve different areas of innovation, operational performance and strategic decision making. The paper examines how organizational culture, technology infrastructure, human resource practices and support of the leader has an impact in the creation of knowledge flows. It has also been unveiled that the establishment of knowledge frames, open practice of sharing and application Culture highly advance the quality of the services, competence of the employees and adaptive capacity thereby fostering sustainable development. The paper contribution to the literature besides practice is in the fact that it identifies the most critical enablers of and obstacles to the knowledge dynamics within the setting of the public banking organization and recommends practically to the policy makers and leaders in the banking industry to improve their competitive advantage by smarter management of their knowledge.

Keywords : Knowledge Creation, Knowledge Sharing, Knowledge Application, Organizational Growth, Public Sector Banks

Author : M. Sangeetha, Dr. Laxman Gaikwad

Title : THE DYNAMICS OF KNOWLEDGE CREATION, SHARING, AND APPLICATION IN FOSTERING ORGANIZATIONAL GROWTH IN INDIA’S PUBLIC SECTOR BANKING

Volume/Issue : 2025;02(7(S)-ICCMT)

Page No : 15-21

Companies Act, 2013 has brought about the introduction of mandatory CSR which has greatly increased corporate contributions towards social development in India. With this expansion, availability of corporate CSR funds has not been evenly divided especially among small and grassroots non-governmental organisations (NGOs). This paper will explore how small NGOs can be incorporated to access CSR funds, how these barriers can be identified as key institutional, administrative and strategic barriers to their involvement and how the inclusiveness in CSR funds distribution can be increased. The mixed-method design approach based on secondary analysis of CSR expenditure data and primary data on small NGOs and CSR stakeholders reveals that large NGOs and corporate foundations heavily dominate CSR funds and small NGOs are given a disproportionate share. Major constriction is observed in complex requirements of compliance, limited organisational capacity, limited duration of funding, limited level of expenditure on overheads. The paper emphasizes the significance of simplified compliance systems, capacity-building infrastructure, pooled funding frameworks, and long-term relationships in improving the access to CSR resources by the small NGOs. The findings are added to the existing body of literature on the issue of CSR governance and cross-sector relations and provide a set of recommendations useful to a policy maker and corporate managers to enhance grassroots engagement and developmental impact of CSR activities in India.

Keywords : Corporate Social Responsibility, Small NGOs, CSR Fund Management, Corporate– NGO Partnerships, Inclusive Development, etc

Author : Amit Arun Sahu, Rampraksh O. Panchariya

Title : ACCESS TO CORPORATE CSR FUNDS BY SMALL NGOS IN INDIA: OPPORTUNITIES, CHALLENGES, AND STRATEGIC PATHWAYS

Volume/Issue : 2025;02(7(S)-ICCMT)

Page No : 22-27