Barriers and Success factors of Women Entrepreneurship in India

Abstract

Purpose: Women are viewed as a critical human asset of the country and each state should attempt to use them as mediators of financial development and improvement. Support for women entrepreneurship is one of the routes for that. Women have dependably been the significant patron of human capital since the formation of this universe. Prior they were restricted to family exercises but time is changing quickly. In the changed situation mindfulness has propelled women to begin their own endeavours and add to the family income. Women of 21st century is no more a customary asset kept to homes just rather an informed, proficient and creative piece of the general population having the ability to change economies into flourishing ventures. The purpose of this study is to recognize boundaries that ruin women’ advancement as entrepreneurs and looks at the components that encourages them to take up enterprise. In spite of all the social obstacles, Indian women represent their own character in the business world and for which they are extolled for their accomplishments in their individual fields. Because of enlivening and want for monetary autonomy among women everywhere throughout the world including India, a substantial number of women entrepreneurs are reflecting on the map of entrepreneurship.
Review based Approach Findings: The study concludes that concentrating on the basic changes in the Indian economy, the outstanding ‘liberalization, privatization and globalization’ arrangements in the mid 1990s, has totally changed the Indian standpoint. It had prodded the start-up wonder in the nation and accentuation on women entrepreneurs had picked up essentially from that point onward. Hence, there are numerous prosperous women business visionaries who have defeated their male partners in various ways. However women entrepreneurs contribute only 1/3 of the entrepreneurial industry in the country.
Value: The study endeavours to critically review and has recommended few recommendations that could be further experimentally tried.