 Indexing financial empowerment for women in IndiaMamta Aggarwal and Priya Gupta International Journal of Happiness and Development, 2025, vol. 9, issue 2, 123-147 Abstract: This study attempts to present a comprehensive state and regional analysis of women's financial empowerment by constructing a financial empowerment index based on secondary data from the NFHS-5 (National Family Health Survey) dataset. To illustrate interstates and regional disparities, the financial empowerment index has been constructed based on five dimensions such as engagement in employment, access to financial institutions, ownership of assets, access to mobile phones, and their involvement in decision-making, revealing a moderate level of financial empowerment among women in India, with notable variation in the status of financial empowerment across different states and regions. Southern region exhibits outstanding performance, with states and UTs such as Pondicherry, Tamil Nadu and Telangana leading the charge to drive the region towards prosperity, while others lag within the criteria. The study recommends strengthening the existing program and introducing new measures for improving financial empowerment in women across all the states and regions. Keywords: financial empowerment; index; gender disparity; national family health survey; women; employment; access to financial services; assets ownership; access to mobile; involvement in decision-making. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijhdev:v:9:y:2025:i:2:p:123-147 Access Statistics for this article More articles in International Journal of Happiness and Development from Inderscience Enterprises Ltd |
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