Abstract
Woman constitutes the family, which leads to society and Nation. Social and economic development of women is necessary for overall economic development of any society or a country and Entrepreneurship is the state of mind which every woman has in her but has not been capitalized in India in the way in which it should be. So women entrepreneur is a person who accepts challenging role to meet her personal needs and become economically independent. A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable of contributing values in both family and social life. They are involved in business activities at all levels, making important contributions to economic growth. While many women are succeeding in business, they are still constrained by the gender values, norms and stereotypes in the environment in which they operate. Because of their reproductive roles they tend to be responsible for business as well as for most of the unpaid work in the household. They have less time to devote to their work and they are less mobile. A key issue, therefore, is whether women entrepreneurs face specific problems in setting up in business that is different from those faced by male-owned businesses. The present article deals with the concept of women entrepreneur, reasons to become entrepreneurs, advantages of women entrepreneur, present status, impediments, measures to remove obstacles, steps taken by the Indian Government in term of five year plans, schemes for promotion & development of women entrepreneurship in India and some leading women entrepreneurs of India.
Highlights
IntroductionWomen are described as the better half of men. But in reality, the women in developing countries do not tally with this description
Time immemorial, women are described as the better half of men
Women in India reveal that empowerment of women and development of women entrepreneurs to bring actual reality through constitutional goal of equality. [13] on “Women Entrepreneurs‟ Challenges and Strategies” analyses major constraints faced by women entrepreneurs and reflects upon specific policies and programmes for women entrepreneurship development. [19] on Women Entrepreneurs has made an attempt to diagnose the women entrepreneurs profile and has identified dominating entrepreneurial traits, their motivational forces and performance both quantitatively as well as qualitatively
Summary
Women are described as the better half of men. But in reality, the women in developing countries do not tally with this description. Women have the burden of preparing food for the family, besides fulfilling their fundamental role of nurturing and caring for the children and tending to elderly members of the household Even they suffer from being economically and socially invisible. The transformation of social fabric of the Indian society, in terms of increased educational status of women and varied aspirations for better living, necessitated a change in the life style of Indian women. She has competed with man and successfully stood up with him in every walk of life and business is no exception for this. “Women entrepreneur refers to someone who has started a one women business to someone who is a principal in family business or partnership or to someone who is shareholder in a public company which she runs”
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