Role of Women Entrepreneurship in Economic Development in India

Author:Shivam Guptaa*, Ravi Maheshwarib

Abstract:
Entrepreneurship development among women is important for the achievement of broader development objectives such as growth with equity. Studies indicate that many women entrepreneurs are found working in difficult situations when compared to their male counterparts. Factors like political instability, poor infrastructure, high production costs and non-conductive business environment affect women entrepreneurs more than men. Limited access to key resources like land, credit, legal and socio-cultural environment also act as serious impediments. In the era of globalization changing pattern of trade and evolving technologies necessitate skill enhancement that many entrepreneurs in the continent are yet to possess. Women entrepreneurship must be molded properly with entrepreneurial traits and skills to meet the changes in trends, global markets and also be competent enough to sustain and strive for excellence in the entrepreneurial arena. This paper presents a brief view of the role of women entrepreneurs in the economic development of our country.

Keywords:Keywords: Women entrepreneurs, growth, infrastructure, production.

DOI:10.46333/IIARTC.8.2.2020.9

International Journal of Trade & Commerce (Vol: 8 Issue:2)