Economic Empowerment of Women: Policies and Programs Promoting Financial Inclusion and Gender Equality

Abstract

Gender equality and sustainable development necessitate the economic empowerment of women. Financial inclusion, which refers to the availability of easily accessible financial services such as savings, credit, and insurance, plays a crucial role in this effort. It empowers women to engage in economic endeavours, make well-informed financial choices, and enhance their socio-economic standing. Although there have been advancements in certain areas, there are still major differences between genders when it comes to accessing financial resources and participating in the economy. This study investigates the policies and programmes that have successfully advanced financial inclusion and economic empowerment for women. By conducting a methodical examination of existing literature, this study emphasises effective measures such as digital financial services, microfinance initiatives, and financial literacy programmes. The results emphasise the significance of holistic approaches that tackle obstacles to financial inclusion and offer essential assistance to promote gender parity and all-encompassing economic development.