{"id":10779,"date":"2026-03-16T11:14:02","date_gmt":"2026-03-16T05:44:02","guid":{"rendered":"https:\/\/bijmrd.com\/?p=10779"},"modified":"2026-03-16T11:14:03","modified_gmt":"2026-03-16T05:44:03","slug":"the-role-of-financial-literacy-in-promoting-economic-empowerment-in-maharashtra-opportunities-and-challenges","status":"publish","type":"post","link":"https:\/\/bijmrd.com\/index.php\/volume4-issue31\/the-role-of-financial-literacy-in-promoting-economic-empowerment-in-maharashtra-opportunities-and-challenges\/","title":{"rendered":"The Role of Financial Literacy in Promoting Economic Empowerment in Maharashtra: Opportunities and Challenges"},"content":{"rendered":"\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Author: Dr. Santosh B. Gaikwad<\/strong><\/p>\n\n\n\n<p><strong>DOI Link:<\/strong><a href=\"https:\/\/doi.org\/10.70798\/Bijmrd\/04020001\"> <\/a><a href=\"https:\/\/doi.org\/10.70798\/Bijmrd\/04031020\">https:\/\/doi.org\/10.70798\/Bijmrd\/04031020<\/a><\/p>\n\n\n\n<p><strong>Abstract:<\/strong> Financial literacy has emerged as a key enabler for economic well-being, particularly in developing regions like Maharashtra, India. This paper examines how financial literacy impacts financial empowerment among diverse populations in Maharashtra, analyses the opportunities created by current financial initiatives, and identifies ongoing challenges. Using secondary data from government reports, academic studies, and economic surveys, the research highlights the relationship between financial knowledge and financial decision-making techniques, savings behavior, credit access, entrepreneurship, and gender equality. Policy recommendations are also proposed to enhance financial literacy and thereby strengthen inclusive economic growth.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> Economic Empowerment, Financial Literacy, Maharashtra, Financial System, Linguistic Barriers.<\/p>\n\n\n\n<p class=\"has-ast-global-color-1-color has-text-color\"><strong>Page No: 112-116<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-ast-global-color-6-background-color has-background wp-element-button\" href=\"https:\/\/bijmrd.com\/wp-content\/uploads\/2026\/03\/112-116.pdf\">download journal<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Author: Dr. Santosh B. Gaikwad DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/04031020 Abstract: Financial literacy has emerged as a key enabler for economic well-being, particularly in developing regions like Maharashtra, India. This paper examines how financial literacy impacts financial empowerment among diverse populations in Maharashtra, analyses the opportunities created by current financial initiatives, and identifies ongoing challenges. Using secondary &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bijmrd.com\/index.php\/volume4-issue31\/the-role-of-financial-literacy-in-promoting-economic-empowerment-in-maharashtra-opportunities-and-challenges\/\"> <span class=\"screen-reader-text\">The Role of Financial Literacy in Promoting Economic Empowerment in Maharashtra: Opportunities and Challenges<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":"","_joinchat":[]},"categories":[51],"tags":[],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":false,"author_link":"https:\/\/bijmrd.com\/index.php\/author\/asraful-alibiswas\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/bijmrd.com\/index.php\/category\/volume4-issue31\/\" rel=\"category tag\">Volume4 Issue3(1)<\/a>","rttpg_excerpt":"Author: Dr. Santosh B. Gaikwad DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/04031020 Abstract: Financial literacy has emerged as a key enabler for economic well-being, particularly in developing regions like Maharashtra, India. This paper examines how financial literacy impacts financial empowerment among diverse populations in Maharashtra, analyses the opportunities created by current financial initiatives, and identifies ongoing challenges. Using secondary&hellip;","_links":{"self":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/10779"}],"collection":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/comments?post=10779"}],"version-history":[{"count":1,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/10779\/revisions"}],"predecessor-version":[{"id":10781,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/10779\/revisions\/10781"}],"wp:attachment":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/media?parent=10779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/categories?post=10779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/tags?post=10779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}