Paper Title
Financial Inclusion and Women Empowerment
Article Identifiers
Authors
Deepa Iyer , Eshan M.R.
Keywords
Abstract
This paper is an attempt to study on the financial inclusion and gender disparity in India. Financial inclusion means access to various banking and financial services including savings account, fixed deposit, credit, insurance, mutual fund schemes etc at an affordable cost to the women of the country working under labour class. Financial inclusion of women not only encourages social and financial development of the country but also contributes to the overall economic sustainability. Financial inclusion increases the purchasing power of the women, inculcates the habit of thrift, discourages money lending from unorganized and monopolistic money lenders, optimizing the consumption through spending on education and health, escalating the investment in less risk asset class rerouting the passive income, increases the standard of living of the entire family and thus resulting in reduction of absolute poverty and subsequent increase in the nominal GDP of the country directly leading to economic development through the national income and revenue. The result of the study is of relevance to the academicians, practitioners and policy makers of the country and emphasizes on promoting measures for empowering women for financial inclusion.
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How To Cite (APA)
Deepa Iyer & Eshan M.R. (April-2023). Financial Inclusion and Women Empowerment. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(4), f349-f360. https://ijnrd.org/papers/IJNRD2304539.pdf
Issue
Volume 8 Issue 4, April-2023
Pages : f349-f360
Other Publication Details
Paper Reg. ID: IJNRD_192454
Published Paper Id: IJNRD2304539
Downloads: 000121984
Research Area: Management
Country: Bengaluru, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2304539.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2304539
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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