Vol. 4 No. 5 (2024): October
Open Access
Peer Reviewed

WOMEN ENTREPRENEURS IN INDIA AS REAGENT FOR INCLUSIVE GROWTH AND ECONOMIC EMPOWERMENT

Authors

Alphonsa S John , Dr. Aajaz Ahmad Hajam

DOI:

10.54443/ijebas.v4i5.2192

Published:

2024-10-30

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Abstract

Women entrepreneurs in India are driving significant economic and social change, contributing to innovation, job creation, and sustainable development. Their contributions span industries and include addressing societal challenges through their ventures. However, systemic challenges like financial constraints, socio-cultural barriers, and limited access to professional networks hinder their full potential. This paper examines the historical evolution of women’s entrepreneurship in India, their contributions to economic and social progress, and the challenges they face. Using a mixed-method approach, the study explores the role of government policies, private sector initiatives, and digital advancements in empowering women entrepreneurs. The paper provides detailed recommendations for fostering an inclusive entrepreneurial ecosystem, emphasizing the importance of gender-sensitive policies, financial inclusivity, and skill development.

Keywords:

Women Entrepreneurs, Economic Empowerment, Innovation, Gender Equality, Inclusive Growth.

References

Research Articles:

Brush, C. G., de Bruin, A., & Welter, F. (2009). A gender-aware framework for women’s entrepreneurship. International Journal of Gender and Entrepreneurship, 1(1), 8–24. https://doi.org/10.1108/17566260910942318

Das, N., & Mukherjee, S. (2018). Access to finance for women entrepreneurs in India. International Journal of Current Research and Review, 10(12), 1–10.

Kaur, N., & Dhawan, R. (2015). Women entrepreneurship in India: Opportunities and challenges. Indian Journal of Applied Research, 5(9), 86–88.

Panda, S. (2018). Constraints faced by women entrepreneurs in developing countries: Review and ranking. Gender in Management: An International Journal, 33(4), 315–331. https://doi.org/10.1108/GM-01-2017-0003

Raghuvanshi, J., Agrawal, R., & Ghosh, P. K. (2017). Analysis of barriers to women entrepreneurship: The DEMATEL approach. Journal of Entrepreneurship, 26(2), 220–238. https://doi.org/10.1177/0971355717708848

Roy, D., & Das, S. (2018). Women entrepreneurship and technology adoption in India: A case of e-commerce ventures. Information Technology & People, 31(1), 89–104. https://doi.org/10.1108/ITP-03-2017-0080

Mishra, S. (2018). Economic liberalization and women entrepreneurship in India: Growth and challenges. Journal of Business and Economic Studies, 26(3), 65–78.

Sharma, M., & Jain, P. (2015). Women entrepreneurship and socio-economic empowerment: A study of Indian women entrepreneurs. Journal of Business and Management, 10(3), 123–138.

Ghosh, P., & Vyas, S. (2019). Role of social media in empowering women entrepreneurs in India. Journal of Digital Marketing and E-Commerce, 8(2), 102–116.

Reports:

Department of Financial Services. (2022). MUDRA Yojana. Retrieved from https://www.mudra.org.in/

GEM (Global Entrepreneurship Monitor). (2023). GEM India report: Women entrepreneurship. Retrieved from https://gemconsortium.org/

Hindustan Unilever. (2023). Project Shakti. Retrieved from https://www.hul.co.in/

McKinsey Global Institute. (2023). The power of parity: Advancing women’s equality in Asia-Pacific. Retrieved from https://www.mckinsey.com/

Ministry of MSME. (2021). Stand-Up India Scheme. Retrieved from https://www.standupmitra.in/

NITI Aayog. (2020). Women Entrepreneurship Platform (WEP). Retrieved from https://wep.gov.in/

She Capital. (2023). Empowering women entrepreneurs. Retrieved from https://www.shecapital.vc/

World Bank. (2022). Enhancing access to finance for women entrepreneurs in developing countries. Retrieved from https://www.worldbank.org/

Book:

Nayyar, D. (2012). Women in India's informal economy: Overlooked and undervalued. Indian Journal of Labour Economics, 55(4), 497-518.

Author Biographies

Alphonsa S John, Annamalai University

Author Origin : India

Dr. Aajaz Ahmad Hajam, Samarkand Branch of Tashkent State University

Author Origin : Uzbekistan

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How to Cite

Alphonsa S John, & Dr. Aajaz Ahmad Hajam. (2024). WOMEN ENTREPRENEURS IN INDIA AS REAGENT FOR INCLUSIVE GROWTH AND ECONOMIC EMPOWERMENT. International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS), 4(5), 1716–1724. https://doi.org/10.54443/ijebas.v4i5.2192