When women have the freedom to pursue their goals, they become agents of change in their communities.
Prachi Gupta
Prachi Gupta is a popular fiction author of 10 books, Scriptwriter, founder of ENN360 media house, founder of a literary startup Galleon Publishing and a Social Activist. She’s also the Editor-in-Chief of an Italian Celebrity Magazine La Stelle.
She is the first and youngest author from India to get into the top 10 finalists list of the ‘Author Academy Awards’ USA in 2020. Awarded as the ‘Most Inspiring Female Author of the Year’ 2021 by LMA, Nigeria which was India’s 1st award in 9 years in literature.
She has studied film writing and journalism from Michigan State University, Michigan, USA. Also a Phd in Vastu science and astrology.
Economic empowerment is a crucial aspect of gender equality and women’s rights. It goes beyond simply providing women with access to financial resources; it equips them with the tools and knowledge to control and benefit from those resources. By empowering women economically, we enable them to break free from traditional gender roles, improve their well-being, and contribute more effectively to their communities. In this article, we will explore how economic empowerment allows women to control and benefit from resources, assets, and income, ultimately granting them the ability to manage risk, improve their well-being, and pursue their desired goals.
Control over Resources: Economic empowerment places the power of decision-making into the hands of women. It enables them to control and manage resources, such as land, capital, and financial assets. By having ownership or access to these resources, women gain agency over their lives and can make choices that align with their goals and aspirations. Whether it’s starting a business, investing in education, or saving for the future, women empowered economically have the autonomy to make decisions that positively impact their lives and the lives of their families.
Benefiting from Income: Access to income is a crucial component of economic empowerment for women. It allows them to meet their basic needs, support their families, and participate in economic activities. Economic empowerment ensures that women receive fair wages and equal opportunities for employment. When women are financially independent, they are less likely to be trapped in cycles of poverty and dependence. The ability to earn and manage their income not only enhances their economic well-being but also contributes to their overall self-esteem and confidence.
Risk Management: Economic empowerment equips women with the necessary skills and knowledge to navigate financial risks and uncertainties. It includes financial literacy programs that provide women with the tools to budget, save, and invest wisely. By understanding financial concepts and practices, women can make informed decisions about their finances, mitigate risks, and secure their financial future. This empowerment also enables women to cope with unexpected challenges, such as emergencies or economic downturns, without jeopardizing their stability.
Improved Well-being: When women are economically empowered, their overall well-being improves. Economic resources allow women to access better healthcare, education, and nutrition for themselves and their families. They can invest in their personal development, acquiring new skills and knowledge that enhance their employability. Economic empowerment also reduces vulnerability to violence and exploitation, as women gain the means to protect themselves and seek support when needed. Ultimately, when women have control over their economic resources, they experience greater physical, emotional, and social well-being.
Pursuing Desired Goals: Economic empowerment enables women to pursue their desired goals and aspirations. It breaks down barriers that limit women’s choices and opportunities, allowing them to explore their passions, start businesses, and take on leadership roles. When women have the freedom to pursue their goals, they become agents of change in their communities. They contribute to economic growth, innovation, and social progress. By supporting women’s economic empowerment, we unlock a world of untapped potential, creativity, and resilience.
Conclusion: Economic empowerment is a catalyst for gender equality and women’s rights. By allowing women to control and benefit from resources, assets, and income, we create a more inclusive and just society. Empowered women have the ability to manage risk, improve their well-being, and pursue their desired goals. It is not only a matter of justice but also an investment in a brighter, more prosperous future for all. Let us continue to work together to break down barriers, challenge social norms, and create an environment where economic empowerment becomes areality for every woman.
