Women Entrepreneurs In India Essay For Kids

Last five decades have seen phenomenal changes in the status and work place diversity of women in India. Women entrepreneurs doming 50s fall into two categories. One set took to creating and managing an entrepreneurial activity where there was no income generating male.

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The second set took enormous courage to break through the social maps and coding to take. Charges of the business the husband had left or else her family would be the losers. In sixties women took small steps to start small one woman enterprises at home and from home for self occupation and engagement.

The women in seventies opened up new frontiers and developed not only aspirations but ambitions for self employment and employment generation. These women wanted home, marriage, children as well as occupation. They accepted the share of the work and responsibilities for success and growth of their enterprise.

They wanted their voices to be heard as leaders to employees and as managers of the enterprises to the outside business environment. However, all of them accepted both their social and occupation roles balancing between the two.

In eighties, the number of women pursuing highly sophisticated technological and professional education increased. They entered into family business as equally contributing partners.

They made personal choices, stood up for their convictions and had the courage to make new beginnings. For them the society was hostile and sometimes they developed a sense of guilt for not playing appropriate traditional and social roles.

The women of the nineties were capable, competent, confident and as service. They were clear of their goals, processes and the dynamics of goal accomplishment.

These women were fearless, and have learnt to live alone, travel alone and rear children alone when failure in marriage and life partnerships occurs. In most of the cases they move out shone and out performed their male counterparts.

21st century is the century of telecom, IT and financial institutions. Women’s expertise in all these industries has made them emerge as a force to reckon with.

Many of these industries are headed and guided by women as pioneers and mavericks. They have ventured to build enterprises, to discover their relevance and meaning of life in themselves. But still in relation to the women population. The trend has not been spectacular.

As per 1991 census, only 185900 women accounting for only 4.5% of the total self employed persons in the country were recorded. Majority of them are engaged in the unorganized sector like agriculture, agro based industries, handicrafts, handlooms, and cottage based industries.

There were more than 295680 women entrepreneurs claiming 11.2% of the total 2.64 million entrepreneurs in India during 1995-96. This is almost double the % of women (5.2%) among the total population of self employed during 1981.

The present rate of 30% success of EDP training was likely to go up to 45% with growing experience and improved techniques of training and follow up. The women were to be given training in self employment/entrepreneurship of shorter duration as well as some training in trade and skill areas.

In order to mobilize such of women entrepreneurs, a number of activities such as motivational drive; preparation of information material; conducting training; creation of women industrial estates/areas/sheds; creation of common marketing exposition centers, training of trainers/ promoters; use of mass media, etc are required. Combined effect of all these is bound to accelerate the process of women entrepreneurship development.

Even as India continues its rapid economic growth, women in the country struggle against discrimination and inequality.

Role of Women Social Entrepreneurs

A British Council study on the social enterprise landscape in India revealed that in comparision to male-led social enterprises, female-led social enterprises tend to focus on improving the lives of women and on education and literacy. They were also more likely than male-led social enterprises to address the needs of children and persons with disabilities. Many women led social enterprises work on empowering women and solving women specific issues.

If you can create change too, join the Transforming India Initiative’s (TII) Social Entrepreneurship Fellowship Programme. Applications close 31st of August.

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Women Entrepreneurs in India

Women Entrepreneurs can not only contribute to the GDP, but can also play a key role in addressing societal challenges. However, the number of women entrepreneurs in India remains relatively low.

In India, a large percentage of women enterprises are micro enterprises that women undertake as a forced economic activity. These micro enterprises can be classified into farm and off-farm enterprises. They rarely achieve scale and serve only to barely sustain the women entrepreneurs and their families.

In rural India, traditionally, a lot of women primary producers can be classified as entrepreneurs. For instance, a dairy farmer who supplies milk to a nearby dairy or household is an entrepreneur. But family responsibilities, traditional social norms and the established patriarchal structure mean that these women entrepreneurs have limited exposure to the outside world. This restricts their mobility and makes them dependent on intermediaries to reach the market or achieve scale.

In many situations, the solutions are available and the main hindrance is the entrepreneur’s lack of knowledge and inability to access the solution. For instance, the StandUp India scheme, launched by the Govt. of India, aims to facilitate bank loans of Rs.10 lakh-Rs.1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) and one-woman beneficiary per bank branch for setting up a greenfield enterprise in trading, services or manufacturing sector. But many women entrepreneurs, and even more so rural women entrepreneurs, are not able to access schemes like this, due to lack of awareness.

Challenges for Women Entrepreneurs

Across the world, the main deterrent to women entrepreneurship is the lack of confidence and skills and difficulty in accessing entrepreneurial knowledge. In India, there are four key reasons for women not choosing to become entrepreneurs:

If you can create change too, join the Transforming India Initiative’s (TII) Social Entrepreneurship Fellowship Programme. Applications close 31st of August.

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Entrepreneurial Mindset: Many women prefer to get into salaried jobs, preferring the steady working hours, income and perks like health insurance and paid leaves. Entrepreneurship is still perceived as a riskier option, requiring longer work hours and lacking a fixed income every month. Most women entrepreneurs though attest that this is not true. They cite flexible working hours and being in control of their schedules as a key reason for becoming entrepreneurs.

Difficulty Accessing Resources:  Women have difficulty accessing funds and other resources due to several reasons: laws regulating the private sphere specifically regarding marriage, inheritance and land can hinder women’s access to assets that can be used as collateral to secure a loan; lack of awareness of schemes that are available to specifically support them; few platforms that specifically support women entrepreneurs.

Lack of Practical Experience: Apart from a few high profile female founders, women do not see too many entrepreneurs in their lives that they can look up to and learn from. Women entrepreneurs often know from experience how challenging it is to start up and establish an enterprise. So when women can reach out to and work with women entrepreneurs, they are more likely to start up.

Mentoring & Network

A mentor can play a key role in helping a women to make the decision to start up. However, unless women accidentally come across a mentor in the course of their work, there are very few structured mentorship programmes available to help them find a mentor who will guide them on their entrepreneurial journey.

Are you a woman who has the grit and passion to become a social entrepreneur? TII Fellowship is looking for you! To know more and apply, please visit: alcindia.org/tii

If you can create change too, join the Transforming India Initiative’s (TII) Social Entrepreneurship Fellowship Programme. Applications close 31st of August.

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