Fuelling Behavioral Finance through Faith: A Critical Review of India’s Rising Billion-dollar Spiritual Economy

Author(s)	Ms. Sona Gupta, Mr. Vipin Kannaujiya
Country	India
Abstract	Behavioural finance through faith presents a visionary approach to shaping the future economic landscape of India by leveraging its rich cultural heritage and demographic dividend. This paper delves into the core principles and strategies of religious economy, aiming to elucidate its potential as a transformative framework for sustainable development and prosperity. This paper examines the role of traditional Indian temples as centres of community, education, and economic activity, proposing ways to harness their potential for socio-economic empowerment. The findings of this paper contribute to the research area exploring the sustainability, economic and social benefits accrued from the spiritual economy for the future development of billion dollars Viksit Bharat.
Keywords	Religious finance, India, Economic development, Cultural heritage,
Field	Mathematics > Economy / Commerce
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-07
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.62971

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