Women empowerment and government policies: A pathway to progress

Abstract

This paper discusses various schemes launched by government of India to empower women. These initiatives are designed to supplement traditional resources with additional support. Resources can include human resources like labor, skills, and interests; intellectual resources such as information, ideas, and knowledge; and material resources like money, financial capital, and natural resources. As a result of these schemes, a significant transformation has been observed in the lives of women, shifting from traditional roles to modern ones, and from informal occupations to entrepreneurial projects. Investment in women and girls has shaped the strategies, tools, and programs of Opportunity International, a nonprofit that focuses on empowering women through financial inclusion. The programs have supported women in transitioning from informal economic activities to accessing savings accounts and small loans through trust groups. These groups provide a support network, allowing women to earn a stable income and improve their livelihoods. Additionally, this support has enabled women to harness technology, making it possible for even those in remote areas to participate in the global economy. Overall, the investment in women's empowerment has led to greater economic inclusion and created pathways for women to improve their lives and communities.