The impact of reforms in the Hindu Succession Act 1956, which allow girls equal coparcenary birth rights in joint family property, which they were previously denied, may be measured across three generations of humans. Although a large rise in the possibility of daughters inheriting land was achieved as a result of the 2005 amendment, a major bias still exists in society.
The Hindu Succession Act, 1956 was enacted to amend and codify the laws relating to intestate succession for Hindus, which includes Buddhists, Jains, and Sikhs, and to give women priority by abolishing the Hindu women's limited estate and thereby establishing a uniform and comprehensive system of succession in the said Act.
As a developing country, India has limited land markets, which are mostly acquired through inheritance, which is why women continue to be asset-poor and reliant on men. As a result, our country's inheritance laws are important. Equalization of inheritance rights is likely to be a major tool for women's empowerment.
As a result, this study finds a significant increase in the accomplishment of inheritance rights by daughters, implying a wealth transfer alternative. In addition, the research examines the impact of women's empowerment in India through increased intergenerational transfers of physical human capital and inheritance rights.