Empowering women entrepreneurs for economic development

Abstract

Start-ups are the key in creating job opportunities and leadership in new industries. With the number of women in workforce increasing rapidly it is necessary that they do not lag behind in building high-growth firms which has become a major economic deficit. Hence women capable of starting growth companies should be provided with the necessary support which can be the greatest resource to a developing economy. Women are an essential component of entrepreneurship and will continue to drive progress for many years to come. They contribute to economic growth, innovation, creativity, and productivity because of their creativity. They serve as an example for other women and people to start their own businesses and achieve financial independence. They are accepting the difficulties and succeeding as business owners. They intend to make a strong impression and influence the world. They won't be intimidated by the society's macho chauvinism anymore. This paper explores the various support offered and the hindrances faced by woman entrepreneurs in India.