The Rise of Women Entrepreneurship & Empowerment – A study of their Role in MSMEs
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Abstract
In this liberalized and globalized world, woman entrepreneurs play an important role for the complete and sustainable growth of any country. There is a need to explicitly recognize women’s capabilities and their skills in order to support them become an entrepreneur. The Central and State Government has been implementing several schemes, policies and programs for the development of women entrepreneurship in India right from fifth five-year plan (1974 to 1979) when the focus on women shifted from women welfare to women development and empowerment. In this backdrop, this paper attempts to identify and review various schemes offered by Ministry of MSMEs that encourages women entrepreneurs, It also focuses on the major constraints that women entrepreneurs face. The study concludes that Ministry of MSMEs plays a pivotal role for the growth of entrepreneurs in general and women entrepreneur in particular, the study also shows that among various schemes that are offered for women - TREAD, mahila coir yojana, exhibitions are extremely useful and promotes women entrepreneurship.