Problems and Solutions for Women Entrepreneurs in India

The fact is universally accepted that “if a woman grows, along with her grows the family, the society and the nation”. But this same family, society and nation act as a roadblock in the development of the status of women. Entrepreneurship is the most promising avenue for being financially and socially independent for the female population. In a developing country like India women constitute around 10% of total population of entrepreneurs. They have emerged as the rising stars of economies like India to bring wealth and prosperity. But still their valuable contributions are left ignored due to numerous societal and economical barriers. In this fast moving economy the government, NGOs, social scientists and international agencies have been showing interest in social upliftment of women entrepreneurs by initiating development programs and policies. On the other hand the obstacles created by society and women themselves have hindered their growth. Certain behavioral, social, institutional and government measures have been instrumental in empowering women entrepreneurship but their actual impact can be viewed only if these developmental policies are implemented eliminating societal and economic disparities. Keywords: Meaning of women entrepreneur, challenges of Indian women entrepreneurs, factors influencing women entrepreneurship, measures taken by the Indian government