12. FINANCIAL LITERACY EMPOWERS WOMEN

In this Digital world, financial literacy is mandatory to overcome any pitfalls.AfterCovid Pandemic situation, Indian economy haschanged dramatically and due to increased marketcomplexity and exposure to advanced technology, individuals' financial responsibility has increased. Earnings in Lakhs and lavish spending, impulse buying, increased digital scamshas been a burden to the Indian Government. To overcome these difficulties and toenhance economicdevelopment, Government, RBI, SEBI and other financial institution’s key focusis to financially literate the people of India. Role of Women in contributing towards the economy has increased hence the digital literacy and financial literacy of women is noteworthy. Only limited number of females are aware of financialmanagement.Financial literacy means the capacity to understand and use various financial skills. Budgeting, savings and investments arereferred to as financial literacy. It helps people in making solid financial choices by ensuring long-term financial security and well-being Financial Literacy is a key indicator of a growing economy. Secondary data and research studies reveals that the women’s financial literacy is very poor. Secondary data was collectedfromwebsites, journals, newspapers, and various regulatory bodies. This paper probes in to the Government initiatives, RBI and SEBI efforts and other financial institution efforts to impart financialeducation throughcampaigns, workshops seminarsso as to guidepeople tomanage money more effectively , overcome any pitfallsandto achieve financial well - being