Women Entrepreneurship in India: An Insight into Problems, Prospects and Development

Abstract

Development has economic, social and political dimensions and is incomplete without the development of women who constitute about 50 per cent of total population. So, contribution of women is essential in economic activities for healthy nation building. When we speak about the term “Women Entrepreneurship” we mean, an act of business ownership and business creation that empowers women economically, increases their economic strength as well as position in society. Hence women-entrepreneurs have been making a considerable impact in all most all the segments of the economy which is more than 25% of all kinds of business. As per statistics it is known that in well-developed economy women is having freedom to develop as an entrepreneur, they are having equal priority as equal as man, but in developing economy and under developed economies women are facing different types of problems. Development of women has been a policy objective of the government since independence. Women were given priorities in all the sectors including SSI sector. Government and non-government bodies have paid increasing attention to women's economic contribution through selfemployment and industrial ventures. Right efforts from all areas are required in the development of women entrepreneurs and their greater participation in the entrepreneurial activities. Women entrepreneurship must be moulded properly with entrepreneurial traits and skills to meet the changes in trends, challenges of the global markets and also be competent enough to sustain and strive for excellence in the entrepreneurial