Indian financial sector has undergone an important role in inspiring and stabilizing the growth of an economy. Economics essentially involves the efficient transfer of funds in exchange for goods, services or promises of future return, it brought momentous changes in the financial sector in general and banking in particular. While there have been striking changes in the financial structure, India remains a bank conquered financial system. One of the major purposes of financial liberalization was to make the financial institutions more efficient and competent. A number of developing countries have undertaken financial sector reforms in order to pursue the goals of economic growth and improved living standards. This paper examines aspects of the development of financial sector particularly after 1990 when financial liberalization began. The usual confidence is that liberalization process allows for the development of a competitive financial system, which aids the efficient allocation of resources by mobilizing savings through the growth of financial intermediation and asset diversification.
Progress of a country weather social or economical is largely resolute by the active contribution and participation of its labor force. Both men and women create the labor force; but it has been noted that since past decade, India has been seen a steady decline in Female Labor Force Participation (FLFP) from 37% in 2005 to an all-time low of 23 percent in 2016. On the other hand, percentage of women participation in the higher education increase. The enrolment ratio of women in higher education increased from 22% in 2012 to 26% in 2016 as per study of AISHE. The objective of this paper is to know reason behind decline in labour participation of women, as their ratio in higher education increase. The study was totally based on secondary data. This work examines the reason of women labor force participation, as against the backdrop of India having one of the lower most participation rates for female among peer countries. The research work has revealed that in modern world women are much more creative and innovative than men. Women by nature are economical and not cause undue wastage of resources and needless expenses. If they are on condition that with the right entree backed by the right governmental strategies, they can also influence the well–being of the environment and public health at national level. The main finding is that a number of program initiatives can help in boosting female in social and economic participation in India, including labor market flexibility, speculation in infrastructure, and improved social outlay.
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