Economic Motivation of The Women Entrepreneurs in Telangana State

Abstract

Economic empowerment is the most powerful route for women to realise their rights and achieve their goals. The importance of women's entrepreneurship for economic development is widely recognized. MSMEs are the backbone of the Indian economy. Women entrepreneurs are increasingly recognised as the new engines for inclusive and sustainable industrial growth, as well as the rising stars of developing-country economies. The present study aimed at fi nd out economic motivation of the women entrepreneurs in the Telangana state. The study was conducted in three districts of Telangana state, i.e Adilabad, Sangareddy, and Rangareddy. A total of 180 respondents constituted the sample of the study. The study revealed that the majority of the respondents run their enterprises with their own funds/investment, some of the respondents took fi nancial assistance from friends & relatives, SHGs, banks and money lenders. Further analysis of the results revealed that the majority of the respondents had medium-level economic motivation, followed by high and low. Multiple correlation analysis revealed that education, enterprise income, sources of information, mass media contact, infrastructural facilities and entrepreneurial experience showed a positive and signifi cant relationship with economic motivation