Present paper aims to highlight the psychological aspects of women empowerment. Mental well-being and women empowerment are the two essential components in the lives of the women. Women empowerment is all about having a indistinguishable rights that are embodied in her through the Constitution of the country and also through the ongoing projects and steps taken by the respective Government organs for the implementation of various development programs for empowering of the women’s in several ways. It always includes accepting women’s viewpoint, making continuous endeavor to achieve them and also raising the status of women through literacy, awareness and education. In the present paper, attempt is made to elucidate on the psychological well-being, self-esteem, role clarity, gender equality and also happiness which plays an important role in the psychological empowerment of women. The paper also concludes with some suggestions so that awareness be created and proper attention be paid to the psychological aspect in empowering the women.