Published Paper Details:

Financial empowerment of women has been recognized as a crucial step towards achieving gender equality and inclusive economic growth. Despite significant progress in recent years, women still face numerous challenges in their financial empowerment journey. In India, where gender inequality persists in various financial aspects of life, women's financial empowerment has emerged as a critical tool to address the same. The paper discusses the present state of women's financial empowerment and shed light on the obstacles that they face in attaining financial empowerment and financial independence. This study also explores the factors that contributes in the financial empowerment of women. The study's findings indicate positive evidence of increasing financial inclusion of women, yet they continue to face significant challenges in others dimensions of financial empowerment such as decision making, assets ownership, access to formal financial credit. The paper concludes by suggesting some measures that can be taken to further enhance women's financial empowerment for ensuring sustainable economic growth.