Financial Literacy and Inclusion: A Driver of Economic Empowerment in Rural India
Saroj
Abstract: This research paper investigates the pivotal role of financial literacy and financial inclusion in fostering economic empowerment among rural populations in India. Using updated data from RBI’s Financial Inclusion Index, NABARD surveys, and NSSO reports, it analyzes the influence of financial awareness and access to services on household income, savings, insurance coverage, and consumption patterns. Tables, graphs, and authentic statistical data enrich the findings. The study aims to offer policymakers a clear framework for enhancing rural economic development through targeted financial strategies. Keywords: Financial Literacy, Financial Inclusion, Rural India, Economic Empowerment, Digital Banking