Innovative techniques to spread financial literacy amongst Indian women


“She fears to walk outside the room, She has to stay in confinement, The society suppresses all around, But then she brings the environment.”

An educated mother is the pillar of an educated nation. But this is only possible if she has certain attribute pillars: Freedom, Education, Liberty (in all aspects) and then, the sphere of an individual female could be the most appropriate circle.  


The literacy in itself is not sufficient for stepping stones in women empowerment, rather it should be extended to financial literacy.  Financial literacy doesn’t hold a definition, Instead it is an understandable pact which simply states that all the available resources must be used with intellectual towards the proper usage and management of money. All above is a short introductory fact. Analysis of all these factors is essential to understand the women’s participation in financial glory. The ability of women making financial decisions could contribute a lot in economic development of the nation. Women Empowerment is a monopoly vision towards enhancing social, economical or financial accelerations.

Empowerment primarily starts by excavating female foeticide thereby saving girl child to maintain an equal ratio of male is to female. This has to be followed by educating the girl child and her social safety. Along with this, the female committee must be given equal opportunities in jobs, employment and technical exposure etc.

Facts and figures

According to UNESCO institute for stats female literacy rate was 62.8% and according to census 2011 it was 65.46%. This manifest is a grim on India’s part. The improvement in literacy stats would further lead to female committee contributing towards GDP.  RBI undertook a project ‘Project Financial Literacy’ in two modules to emanate the functionality of itself in first module and in the second to introduce the general banking functions. This was made available in 13 regional languages on the bank’s website. Similarly SEBI(Securities and Exchange Board of India), IRDA( Insurance Regulatory and Development Authority Act 1999) and various other banks as well as NGO’s contributed for the financial literacy programmes’. Such as Canara Gramina Vikas Vahini by Canara Bank and Dena mitra by Dena Bank  and Jnana Jyothi Financial Literacy and Credit Counselling Trust initated by mangalore based institutions.

Conclusion and Idea

It is very essential to make the backward women society aware of the upcoming finance or funding based technologies. This could be done through conducting workshops by a group and technical and financial based collaborative. The UG and PG students could form a committee to invoke the guest seminars on these prototypes in rural areas as well as in schools.


37 thoughts on “Innovative techniques to spread financial literacy amongst Indian women

Leave a Reply

Your email address will not be published.