Micro entrepreneurship: The role of Microfinance and Entrepreneurship in empowering and elevating the status of rural women in India

Abstract

Purpose: The economic man who is an entrepreneur tries to enhance his revenues by new evolving ideas. These ideas involve analytic and investigative approach towards finding a solution to a problem and he gets contentment from using proficiencies in certain issues. More than seventy percent of Indian population are living in rural areas of which fifty percent are women. The country women might be assembled and possibly will prompt the country on the way to the advancement and success. The provincial women by all methods can be extremely viable specialists of progress for better homes, better society and at last for strong economy in the present worldwide situation. The purpopse of the study is to bring previous research on women entrepreneurship from the past with the current models and explainations in this context.
Approach: The Library reasearch approach is being used to carry this study.
Findings: Women in pastoral areas oftentimes have prime obligation for agricultural production, additionally to internal household tasks. In Indian economy wherever monetary standing of women is terribly pitiable particularly in rustic areas and they have very less chances of earning money during this situation. The Self facilitating teams (SHGs) have sealed the manner for fiscal liberation of rustic womanhood.
Originality/Value: Through this study, we are trying to look for the prospects and trials which a rural woman, to be entrepreneur will have to face in the backward areas. It also inspects the effect on women authorization through small entrepreneurship development and SHGs. This paper also examines the schemes promoted by the government to empower women in pastoral and rustic areas and to what extent these rural women are availing these services.