Mind the gender gap: Here’s how govt initiatives are focusing on empowering women in India

Pallavi Choudhuri

Bank account ownership took a leap over the last decade. But some of the gains stagnated during the pandemic. 2021 Global Findex data show that 78% of women reported having bank accounts. However, 64% did not withdraw any funds during the last 12 months, and 28% reported having an inactive account. Budget 2023 announced the launch of Mahila Samman Bachat Patra Yojana, a savings scheme for women.