India, June 4 -- The recently released World Bank Global Findex 2025 report supports this conclusion. India now faces a second-generation financial inclusion challenge that requires a fundamentally different policy response. Expanding female education remains the single highest-leverage intervention, particularly at the secondary level and in rural areas. Its effects extend across every dimension of financial usage and compound over time. Beyond education, the policy agenda needs to address four areas concurrently. First, affordable access to digital devices. Women cannot participate in digital finance without the tools to do so. Device affordability remains a constraint, especially in lower-income and rural households. Second, capability...