Volume : V, Issue : I, January - 2015

Women's economic empowerment and financial decisions: Observations and perceptions

Msanupama Sharma, Dr. Bhavesh Joshi

Abstract :

Women’s economic empowerment relates to availability ofresourcesto women and also providing them opportunitiesof their applicationin such ways which lead to economic success. Higher access to education, higher participation in decision makingand skill development can improve the condition and quality of life of women to a great extent. The status of women in the society began to fall since the end of the 18th century as the primary focus of tribal and social set ups all across India were expansion, hoarding and wars. Late 19th century the condition of women further deteriorated. Women folk were treated as objects and with the Mughals advent in India women became totally dependent on their family for economic support. Education and financial status of females became so weak that they could not even think of an independent career or an independent life. By the end of 20th centurydue tothe policy of education to all tremendous improvement in general condition of women was seen. A common behavior pattern was observed wherein women avoided financial decision independently,which inspired this research. The best way of empowering women isdeveloping their skills and educating them about the benefits of participation in financial decision making especiallyinvestment. Sustainable business, empowered by smart investment by women folk and its impact on economic growth are dealt in this paper.This study concluded that women financial empowerment resulted in overcoming social inequality.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

MsAnupama Sharma,Dr.Bhavesh Joshi Women¥s economic empowerment and financial decisions: Observations and perceptions Indian Journal of Applied Research, Vol.5, Issue : 1 January 2015

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