2025, Vol. 6, Issue 2, Part O
Socio-economic empowerment for inclusive development: Insights from global and Indian perspectives
Author(s): S Saranya and K Chandrasekar
Abstract: Socio-economic empowerment of women is a multidimensional and context-dependent phenomenon, influenced by education, financial inclusion, entrepreneurship, digital literacy, policy frameworks, and socio-cultural factors. This review systematically synthesizes contemporary literature to examine the drivers, barriers, and outcomes of women’s empowerment across local, national, and global contexts. The analysis highlights that education and skill development enhance economic participation and decision-making capacity, while financial inclusion, including access to credit and microfinance, strengthens entrepreneurial performance and resilience. Digital technologies and Industry 5.0 innovations, such as artificial intelligence and ICT platforms, emerge as critical enablers, though persistent digital divides constrain equitable adoption. Government schemes, institutional support, and community-based mechanisms like self-help groups reinforce empowerment by facilitating access to resources, markets, and networks. Socio-cultural norms, caste, class, and gender dynamics, however, continue to moderate outcomes. Integrating theoretical perspectives—including human capital theory, resource-based view, technology acceptance model, social capital theory, and institutional theory—this review underscores the need for multidimensional, policy-informed, and technology-enabled strategies to foster sustainable and inclusive development. The study also identifies research gaps in longitudinal, comparative, and technology-mediated empowerment interventions, offering directions for future investigation.
Pages: 1379-1387 | Views: 34 | Downloads: 20
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How to cite this article:
S Saranya, K Chandrasekar. Socio-economic empowerment for inclusive development: Insights from global and Indian perspectives. Asian J Manage Commerce 2025;6(2):1379-1387.
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