“India has undergone a transformative shift in enhancing financial inclusion, particularly for its women workforce across diverse backgrounds. The focus has evolved from merely empowering women to fostering women-led development, leading to a gradual improvement in the economic status of women. Financial inclusion for women goes beyond providing access to banking services; it involves encouraging them to pursue career choices aligned with their skills, whether in employment or entrepreneurship. Women must have the means to monetize their services or access entrepreneurial opportunities. In the upcoming Union Budget of 2024, there is an expectation that the government will actively support harnessing the potential of women in social commerce. The hope is that this year’s budget will sustain its commitment to gender inclusivity and bolster women’s representation in technical fields, contributing to the vision of becoming the third-largest economy by 2027-28.”
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