Financial inclusion has emerged as a key driver of inclusive growth and sustainable development in developing economies. In India, the expansion of digital financial services has significantly contributed to improving access to banking and financial resources, particularly for women. This paper examines the relationship between digital financial inclusion and women-led development in India within the broader vision of Viksit Bharat 2047. Using secondary data from government reports, financial institutions, and global development agencies, the study analyses trends in digital payments, women’s access to financial services, and their participation in economic activities. The findings indicate that digital payment systems, financial literacy initiatives, and government schemes have enhanced women’s financial independence and economic participation. However, challenges such as digital literacy gaps, infrastructural limitations, and socio-economic barriers continue to affect the pace of inclusion. The study concludes that strengthening digital infrastructure, improving financial education, and encouraging institutional support through educational institutions can significantly accelerate women-led development in India.
Sonia Roy (2026) studied this question.