Women are an integral part of human resources of any country. In India, women constitute 48.2 per cent of the total population, 44.62 per cent of the total agricultural labourers and their economic contribution in the family is 44 per cent according to 2001 census. Economic empowerment means mobilization of self help efforts to raise the income and standard of living. Economic empowerment can be observed at household, community and broader area level, through control over income and relative contribution to family support. At broader area level women are said to be empowered on the basis of women’s representation of economic interests in macro-economic policies. The policies and programmes implemented by Ministry of Rural Development through NRLM pave the way to economic empowerment. As women need access to better business climate to support them in financial sector, the National Rural Livelihood Mission (NRLM) laid emphasis on investment credit needs with the objective to reduce poverty by enabling the poor to access self-employment opportunities through building strong grass root institutions. The present paper deals with how NRLM scheme enables the economic empowerment of women, into the formal financial sector. The main objective of the study is to highlight the measures taken by NRLM. An attempt has been made through this paper to analyze the scope of the implementation of the scheme for economic growth. The secondary sources have been used in the study from books, journals, annual reports of MORD, GOI, UNDP, world bank etc. It has been found that NRLM’s financial assistance helped in economic empowerment of rural poor women.