Abstract

Purpose The landmark case of Navtej Singh Johar vs Union of India, which abolished Section 377 of the Indian Penal Code, was a historic change both legally and socially for India, and it increased the national debate around the inclusion of LGBTQ+ individuals in economics and finance within the country. However, despite such progress, socio-economic gaps, employment discrimination, and organizational hurdles remain for LGBTQ+ people throughout India. This research explored how much the reforms since the repealment of Section 377 had helped increase the economic and social inclusion of LGBTQ+ communities in India’s commerce and finance sectors. Design/Methodology Mixed-methods research was conducted in this research, which included both quantitative surveys and qualitative investigations into the lived experiences, workplace inclusion, and organizational diversity of the population in question. Findings Further evidence in qualitative data also pointed out the problems related to issues of identity disclosure, psychological safety, symbolic inclusion in corporate organizations, and structural discrimination in institutional settings. This research has made a contribution to business studies, corporate governance, and development economics by proving that despite the decriminalization of the law, the issue of economic equality is yet to be achieved. Originality In addition, this research underlines the need for comprehensive anti-discrimination laws, an inclusive financial system, an equitable workplace, and improved institutional accountability in the context of India post-section 377.

Keywords: LGBTQ Inclusion; Section 377; Economic Development; Financial Inclusion; Workplace Diversity; India