They are becoming financially independent and has a higher sense of financial liberty.
A survey by HDFC Life Insurance Co. Ltd and ValueNotes shows that the Indian urban woman is becoming financially independent and has a higher sense of financial liberty. She is actively planning for her child’s education, health expenses and monthly instalments, while her financial freedom also allows her the liberty to indulge in other luxuries such as family holidays, vacations and durables. The study, called Life Freedom Index, was done through a survey in cities including Ahmedabad, Bangalore, Bhopal, Indore, Bhubaneswar, Chennai, New Delhi, Kochi, Kolkata, Ludhiana and Mumbai. Here are some of the key findings of the survey.