Samdarshi ISSN: 2581-3986 Vol 16 Issue 2 (July 2023) 213 Empowering Women’s Social and Economic Well-being through Financial Inclusion: Empirical Evidence from Telangana, India. Vasudha Kurikala Research Scholar, Gitam School of Business, GITAM (Deemed to be University), Hyderabad campus. Email ID: vasu.kurikala@gmail.com, Abstract Purpose: The quality of the human resources available for economic growth can be improved by empowering women. This study demonstrates how social and economic factors influence women’s economic incorporation and empowerment in rural India. Design/methodology/approach: To determine the study goal, women from the Indian state of Telangana participated in a primary survey using a straightforward random sample technique. A logistic regression approach assessed the association between the need for a bank account and societal and monetary aspects of women’s development, such as income grade, involvement in economic decision-making, and receipt of communal assistance. Findings: The findings of this research state that women’s income position, participation in household economic decision-making, and participation in social welfare programs all significantly affect women ’s empowerment over financial inclusion; though the security of their reserves is viewed as an insignificant variable, although the current study’s peculiar value is high 2.437. Originality/Value: This research is to study how women’s social and economic standing affects their need for an official bank account for their inclusive empowerment in rural India. Keywords: Women’s empowerment, Social-economic empowerment, Rural India, Logistic regression. I. Introduction Any developing country’s inclusive growth depends critically on the involvement of women in the economy. However, women make up roughly 48% of the population in India, and their influence to complete monetary development is lower than the norm for the world because most women are working to fulfill their domestic responsibilities. Duties for maintaining family members and performing household chores (Mehrotra et al., 2014). Parents in specific communities in India have a stronger preference for male children than female children because they believe that male children would contribute to the heritage of the family and respect the prestige and status of the household. Still, female children are seen as obligations (Robitaille, 2020). Additionally, the traditional male-controlled structure and social customs provide men greater power and possibilities than women regarding monetary privilege and household decision-making. Such is the case. Conventional systems have made the gender disparity in the nation even wider. Studies on women ’s literacy rates have argued that it is a significant factor in the inadequate income distribution between men and women. It has also clarified the constrained economic opportunities and low rates of female labor force involvement (Fleischner and Kenney, 2014; Hung et al., 2012). Female workers in casual employment categories and areas generally receive lower pay than their male counterparts, according to a pattern in the ILO’s 2018 Indian wage report (rural and urban). Until 2011–2012, this gender wage disparity varied from 23 to 38% across various areas and occupation positions. Just 23% of the total credit sought by women-owned businesses, per the International Financial Corporation (IFC) yearly report (2015), was funded by traditional finance sources. As a result, a sizable share of credit demand (73%) is reduced thanks to unofficial financial sources. Women ’s