Journal Press India®

International Journal of Management Issues and Research
Vol 13 , Issue 2 , July - December 2024 | Pages: 64-78 | Research Paper

An Analysis of Investment Preferences among Government Workers

Author Details ( * ) denotes Corresponding author

1. * Smritee Jha, Research Scholar, Management, Sharda University, Greater Noida, Uttar Pradesh, India (smriteejha1010@gmail.com)
2. Santosh Kumar, Associate Professor, Management, Sharda University, Greater Noida, Uttar Pradesh, India (Santosh.kumar6@sharda.ac.in)

To make major progress in its pursuit of long-term, high-level economic growth, India needs a high rate of investment. Investment has been viewed as a major force behind growth and a crucial component of raising national income from the beginning of economic planning. This research uses a convenience sample technique to investigate the investing preferences of the salaried class. This research, which has a fixed sample size of 500 people, focuses on salaried workers, particularly government employees. The study focuses on one particular investment category rather than looking at the full range of investors. To evaluate the data and determine the connections between investment-related aspects, a variety of statistical techniques are used, including the Friedman Rank Test, Chi-square Test, and others. In conclusion, it was shown that paid people, irrespective of their age, yearly income, profession, or marital status, have a tendency to choose investment solutions that provide stability, profitability, and long-term advantages.

Keywords

Investment; Safety; Tax Benefits; Government Employees

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