Women Entrepreneurship in India: Prospects & Challenges

Vol-3 | Issue-10 | October-2016 | Published Online: 05 October 2016    PDF ( 209 KB )
Author(s)
Dr. Rakesh Narain Srivastava 1

1Associate Professor in Economics, Department of Commerce, Swami Shraddhanand College, University of Delhi

Abstract

In the present-day world, where the competition increases in every field, women try to keep pace with their male counterparts. They are trying to establish their identity to make themselves financially independent and support the family. In this process, they are trying to upgrade themselves with all sorts of education required to sustain themselves in the field chosen. Women entrepreneurs in India can be observed engaged in various avenues – from big shots to small-scale enterprises. These women are engaged in such acidity for several reasons, ranging from their choice, hobby, and most importantly, need. However, while doing so, few women entrepreneurs encounter severe challenges during their business activities. The paper focuses on major factors affecting Indian women’s participation in the business, three critical challenges: lack of finance, lack of raw materials, and lack of education, which is the prime Challenge among the women from the low entrepreneurial activities. Also, it suggests some of the measures to overcome these challenges.

Keywords
Entrepreneurship, financial constraints, low education, Businesses, unavailability of raw materials
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