Exploring the Impact of Digital Financial Inclusion on Women's Empowerment

Abstract Purpose: The goal of this research is to assess the features that define women's empowerment in relation to digital financial inclusion. The researcher also aims to investigate the influence of digital financial inclusion on women's empowerment. Design\Methodology\approach: To achieve the study's aims, exploratory factor analysis was performed to investigate women's empowerment elements associated to digital financial inclusion, and primary data was acquired from 400 Haryana women by multistage purposive sampling. The reliability and validity were tested using a confirmatory factor analysis with AMOS. Hypotheses were tested through one-way ANOVA. Findings: The study highlights the three aspects of measuring the women empowerment through digital financial inclusion. These aspects are: Social Security and Community Engagement, Financial Autonomy and Convenience, Family economic well-being. It was found that these factors have generated a positive impact on women empowerment. Research Limitations\Implications: The study was carried out with some constraints. First, the study was limited to Haryana due to resource and time constraints. Second, the study's findings concentrate on elements of women's empowerment through digital financial inclusion. Originality: The study fills a research gap and contributes to the literature of women empowerment through digital financial inclusion by examining the influence of digital financial inclusion on women empowermet