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FEMALE ENTREPRENEURS POWERING SELF-RELIANT INDIA THROUGH INNOVATION

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Name: Vibhuti Rana, Parul Singh
Country: India
Publication Details
Year: 2021
Volume: Volume-6, Issue-2 (July-December)
Page Number: 75-79
Abstract
A nation cannot become self-reliant unless its female population is empowered. Women play an essential role in the development of a society and economy. Countries develop and become better when more of their females are educated, and when this education is used for the greater good of the nation. India is leaping ahead of most other nations in terms of infrastructure and opportunities, but the mindsets also need to change at the same pace. If India wants to attain the self-reliant tag in a true sense, the most viable option is to empower women economically and to integrate them with the developmental goals of the nation and campaigns such as Atma Nirbhar Bharat.But, India’s growth has not percolated into the development of women entrepreneurship. Women in India only account for mere six per cent of mass entrepreneurs. Out of these, only 27 per cent of business women register annual revenue of more than Rs 10 lakh. Furthermore, they contribute only three point zero nine per cent of the total industrial output in India. At the macro level, growth of women owned enterprises in India remains restricted. Viewing this, India’s growth story can be considered as incomplete. Hence, for the inclusion of women, it is mandatory to understand the current situations and challenges of women entrepreneurs. Only then we will have to take appropriate actions, consequences of which should reach every aspiring woman entrepreneur at grass-root level.
Keywords: Entrepreneur, Empowerment, Women, Development, Economic, Self-Reliant
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