women empowerment, women entrepreneurship, economic growth of India, problems facing by women entrepreneurs, government schemes for women entrepreneurs,The women consist of around 49.6% (Source: UN, World Population Prospects: The 2017 Revision. New York: United Nations) of global population. Women Entrepreneurship plays a very important role in the development of any nation. The Women entrepreneurship leads to the creation of capital as well led to the generation of many social benefits. However, entrepreneurship is not so popular and common in the developing nations like India. Women entrepreneurs create new jobs for themselves and others and by being different also provide society with different solutions to management, organization and business problems as well as to the exploitation of entrepreneurial opportunities Therefore, sometime will be spent on what needs to be done in order to attain improved and more reliable estimates on the impact of entrepreneurship and in particular women’s entrepreneurship, on economic development. However, they still represent a minority of all entrepreneurs. Through this study, we have tried to throw some lights on problems and opportunities for women in the area of entrepreneurship. One of the important dimensions of inclusive growth is women’s direct participation in nation’s progress.

1. THE ROLE OF WOMEN
ENTREPRENEURSHIP IN ECONOMIC
GROWTH: PROBLEMS AND PROSPECTS

2. The women consist of around 49.6% (Source: UN, World
Population Prospects: The 2017 Revision. New York: United Nations)
of global population. Women Entrepreneurship plays a very important
role in the development of any nation. The Women entrepreneurship
leads to the creation of capital as well led to the generation of many
social benefits. However, entrepreneurship is not so popular and
common in the developing nations like India. Women entrepreneurs
create new jobs for themselves and others and by being different also
provide society with different solutions to management, organization
and business problems as well as to the exploitation of entrepreneurial
opportunities.
Abstract

3. Abstract
Therefore, sometime will be spent on what needs
to be done in order to attain improved and more reliable
estimates on the impact of entrepreneurship and in
particular women’s entrepreneurship, on economic
development. However, they still represent a minority of
all entrepreneurs.
Through this study, we have tried to throw some
lights on problems and opportunities for women in the
area of entrepreneurship. One of the important
dimensions of inclusive growth is women’s direct
participation in nation’s progress.

4. Introduction
Entrepreneurship is considered as one of the most
important factors contributing to the development
of society. And, women’s entrepreneurial role is
limited in the large scale industries and
technology based businesses. But even in small
scale industries, the women’s participation is very
low. As per the third all-India census of Small
Scale Industries, only 10.11% of the micro and
small enterprises were owned by women, and
only 9.46% of them were managed by women.
While the number of women operating their own
business is increasing globally, women continue
to face huge obstacles that stunt the growth of
their businesses, such as lack of capital, strict
social constraints, and limited time and skill.

5. Remote to Globalization
Women Entrepreneurs may be defined as the
women or a group of women who initiate, organize
and operate a business enterprise. Women
entrepreneurs engaged in business due to push and
pull factors which encourage women to have an
independent occupation and stands on their on legs.
A sense towards independent decision-making on
their life and career is the motivational factor
behind this urge. Saddled with household chores
and domestic responsibilities women want to get
independence. Under the influence of these factors
the women entrepreneurs choose a profession as a
challenge and as an urge to do some thing new.
Such a situation is described as pull factors. While
in push factors women engaged in business
activities due to family compulsion and the
responsibility is thrust upon them.

6. Objectives
1. To identify the factors responsible for
encouraging women to become entrepreneurs.
2. To examine the problems faced by women
entrepreneurs
3. To study the impact of assistance by the
government on women's entrepreneurship.

7. Data & Methodology
The present article is purely based on secondary
data collected through literature survey. All facts
and problems discussed in this article are opinions
of the respective authors. However, the present
author criticizes some of these opinions and
makes analyses based on the observations and
experiences regarding women entrepreneurship in
India.

8. Objective-1
To identify the factors responsible for encouraging women to become
entrepreneurs.
Motivational factors:-
• Generation of Income
• Economic Independence
• Interest
• Self-Dependent
• Family Encouragement
• Social Status
• Self-Prestige
• Experience
• Generation of employment
• Market Potential
• Education
• Continue family business
• Dissatisfaction with the
present status
• financial assistance
• Unemployment and Use of
Idle funds

9. Objecstive-2
Problems faced by Women Entrepreneurs
S.No. Particulars %
1. Economic(Loan, Debt) 60%
2. Social Problems 40%
Total 100%
To examine the problems faced by women entrepreneurs

10. Issues/Problems faced by Women
Entrepreneurs
• Problem of Finances Arrangement
• Scarcity of Raw Materials Required for Productive Capacities
• Cut-throat competition with other group of men and established self-sufficient
entrepreneurs
• Limited mobility factor in case of Women Entrepreneurs
• Family Responsibilities, Ties as well as Commitments
• Lack of Education and Prevalent levels of Illiteracy amongst Women
• Domination by Male and Ideology of Male dominated Society
• Lesser Risk and Uncertainty Bearing Attitude
• Lack of Self-Confidence and Optimistic Attitude amongst Women

12. Objective-3
To study the impact of assistance by the government on women's
entrepreneurship
The government of India and the various state governments have come up with policies and
programmes to assist women entrepreneurs and help in solving the above stated challenges
and problems which they face. A brief account of these policies and programmes are given
below.
1. Mudra Yojana Scheme 7. Orient Mahila Vikas Yojana Scheme
2. Annapurna Scheme 8. Bhartiya Mahila Bank Business Loan etc.,
3. Stree Shakti Package For
Women Entrepreneurs
4. Cent Kalyani Scheme
5. Mahila Udyam Nidhi Scheme
6. Dena Shakti Scheme

13. Suggestions
• Women should be considered as specific target group.
• Regular entrepreneurship awareness programs should be conducted with
the intention of creating knowledge among women about the various
areas to conduct business.
• The standards of education of women should be enhanced and effective
practical experience and personality development and training programs
should be conducted to improvise their over-all personality standards.
• Educational institutes should tie up with various government and non-
government agencies to assist in entrepreneurship development mainly to
plan business projects.
• Develop professional competencies in managerial, leadership, marketing,
financial, technical, production process, profit planning, etc.
• There should be a continuous attempt to inspire, encourage, motivate and
co-operate women entrepreneurs.

14. Conclusion
It can be concluded that women entrepreneurs faced multiple problems
among the problems economic problem is main. Higher prospects are
indicated by women entrepreneurs and within the service sector
corporate/industries have the shows higher prospects to women. It can be
said that today we are in a better position wherein women participation in the
field of entrepreneurship is increasing at considerable rate, efforts are being
taken at the economy as well as global level to enhance woman’s
involvement in the enterprise sector. This is mainly because of attitude
change, diverted conservative mindset of society to modern one, daring and
risk-taking abilities of women, support and cooperation by society members,
changes and relaxations in government policies, granting various up-liftment
schemes to women entrepreneurs etc.

15. Conclusion
Entrepreneurship among women, no doubt improves the wealth of
the nation in general and of the family in particular. Women today are more
willing to take up activities that were once considered the preserve of men,
and have proved that they are second to no one with respect to contribution
to the growth of the economy. Women entrepreneurship must be molded
properly with entrepreneurial traits and skills to meet the changes in trends,
challenges in global markets and also to be competent enough to sustain and
strive for excellence in the entrepreneurial arena. Women entrepreneurs
have become a strong driving force in today's corporate world.

16. C.Rani
MBA(NET),M.A(Psy),(Ph.D.)
Research Scholar,
Alagappa Institute of Management,
Alagappa University, Karaikudi.
Dr.G.Nedumaran
Associate Professor,
Department of commerce,
Alagappa University, Karaikudi.