Digital Financial Services (DFS) and Women's Economic Empowerment: Insights from the Indian Mid-Himalayas

Abstract: In the twenty-first century, Digital Financial Services (DFS) have emerged as a transformative force in bridging the gap in gender and financial inclusion, serving as a promoter of women’s economic empowerment. The present study is an attempt to examine that what are the effects of DFS on economic empowerment (financial inclusion, financial literacy and economic autonomy). Drawing data from primary sources, the study highlights how digital platforms have enabled women in the study region to overcome traditional barriers to financial inclusion. The key findings reveal that these platforms not only enhance women’s economic ability but also empower them. However, constraints such as low digital literacy remain critical obstacles. The effective role of DFS will be instrumental in unlocking economic potential and promoting inclusive growth and sustainable development. This paper contributes by emphasizing the critical role of DFS in addressing gender inequality and advancing the economic empowerment of women.