Importance of Entrepreneurs and Role of Government in Improving Women Entrepreneurship in India

Exploring the significance of women entrepreneurship and government support in India

Abstract

Entrepreneurs are important for an economy they are the drivers of pioneering innovations and changes. Over the past one decade, India has been witnessing unprecedented growth in entrepreneurship that has been benefitting the country by generating employment, providing the markets new products and services, and above all bringing impressive economic growth and development. In this environment of fast entrepreneurial development, women entrepreneurial efforts are also getting importance in developing economies like India. But social stigma related to women’s participation in business develops multiple hurdles for them. New policies of Government and ecosystem including institutional support, educational policies and facilities, vocational training, etc. have empowered women and supporting women entrepreneurship in India. The aims of this study are to find the importance of entrepreneurial efforts in a developing country like India, the hurdles faced by women entrepreneurs, all effective possible solutions, and the role of government in boosting women entrepreneurship in a country like India.